Crop Enterprise Analysis
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Return)

Sugar Beets on Cash Rent Including Joint venture

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of fields 46 7 8 15
Number of farms 33 6 6 7
Acres 208.88 221.21 135.05 153.85
Yield per acre (ton) 15.96 13.35 15.67 17.80
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 37.15 35.70 34.78 38.11
Total product return per acre 592.99 476.51 545.08 678.22
Miscellaneous income per acre 63.31 48.59 86.69 99.76
Gross return per acre 656.30 525.09 631.77 777.97
Direct Expenses
Seed 47.42 52.17 48.64 47.77
Fertilizer 26.76 27.00 30.19 28.29
Crop chemicals 107.78 109.56 127.56 99.96
Crop insurance 12.83 9.35 10.43 16.18
Fuel & oil 25.77 35.85 33.96 23.42
Repairs 56.11 56.85 55.01 49.80
Custom hire 2.06 4.40 6.33 0.34
Hired labor 15.74 14.16 14.58 9.59
Land rent 72.42 73.21 64.40 76.59
Machinery & bldg leases 2.81 - 1.13 -
Marketing 170.75 158.46 181.75 151.97
Operating interest 18.24 32.30 13.47 14.05
Miscellaneous 0.94 2.41 0.41 1.11
Total direct expenses per acre 559.63 575.72 587.86 519.05
Return over direct exp per acre 96.67 -50.62 43.91 258.92
Overhead Expenses
Custom hire 4.94 5.29 2.02 5.60
Hired labor 20.69 22.60 14.53 15.93
Machinery & bldg leases 8.06 10.59 5.82 2.84
Farm insurance 4.16 6.41 2.73 4.27
Utilities 3.52 2.64 1.37 4.24
Dues & professional fees 3.09 3.74 2.57 2.22
Interest 13.59 12.15 13.61 13.43
Mach & bldg depreciation 30.25 38.27 31.80 31.39
Miscellaneous 10.82 10.15 9.28 12.85
Total overhead expenses per acre 99.13 111.85 83.72 92.77
Total dir & ovhd expenses per acre 658.76 687.57 671.58 611.82
Net return per acre -2.46 -162.47 -39.81 166.15
Lbr & mgt charge per acre 56.13 57.26 70.64 53.16
Net return over lbr & mgt -58.59 -219.73 -110.45 112.99
Government payments 11.71 11.57 13.96 8.62
Net return with govt payments -46.87 -208.16 -96.49 121.62
Cost of Production
Total direct expense per ton 35.06 43.13 37.51 29.16
Total dir & ovhd exp per ton 41.27 51.51 42.85 34.38
With labor & management 44.78 55.80 47.36 37.36
Total exp less govt & oth income 40.08 51.29 40.94 31.27
Est. labor hours per acre 5.62 5.06 6.87 5.20