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 14 8
Number of farms 35 7 6 7
Acres 250.74 291.71 161.27 268.75
Yield per acre (ton) 19.36 16.01 18.79 20.93
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 41.17 39.93 41.09 41.43
Total product return per acre 796.95 639.39 772.24 867.27
Miscellaneous income per acre 10.92 19.57 12.18 12.16
Gross return per acre 807.86 658.96 784.42 879.44
Direct Expenses
Seed 45.00 43.68 46.57 41.64
Fertilizer 27.60 34.52 19.39 24.61
Crop chemicals 122.30 119.98 120.54 118.15
Crop insurance 16.83 14.54 15.19 20.47
Fuel & oil 30.72 22.07 33.95 26.48
Repairs 56.70 56.94 52.91 35.87
Custom hire 6.25 3.53 7.77 2.57
Hired labor 22.81 22.74 27.50 20.80
Land rent 76.48 78.34 78.47 78.68
Machinery & bldg leases 1.97 - 2.39 1.70
Marketing 184.04 157.38 168.33 198.22
Operating interest 16.32 20.48 11.89 15.55
Miscellaneous 0.24 - 0.09 -
Total direct expenses per acre 607.27 574.22 584.98 584.73
Return over direct exp per acre 200.59 84.74 199.44 294.71
Overhead Expenses
Custom hire 3.62 9.76 1.28 0.49
Hired labor 23.13 18.05 17.81 12.79
Machinery & bldg leases 10.31 12.51 10.70 3.05
Farm insurance 4.94 5.77 6.26 3.30
Utilities 4.25 4.30 5.23 4.25
Dues & professional fees 4.81 4.38 3.72 7.06
Interest 14.32 17.97 12.33 10.98
Mach & bldg depreciation 42.53 53.26 37.38 43.19
Miscellaneous 6.76 8.66 4.63 3.34
Total overhead expenses per acre 114.66 134.66 99.33 88.42
Total dir & ovhd expenses per acre 721.93 708.88 684.31 673.15
Net return per acre 85.93 -49.92 100.11 206.28
Lbr & mgt charge per acre 66.81 65.65 64.85 74.24
Net return over lbr & mgt 19.13 -115.57 35.26 132.04
Government payments 13.27 11.66 10.50 15.03
Net return with govt payments 32.40 -103.91 45.77 147.08
Cost of Production
Total direct expense per ton 31.38 35.86 31.12 27.93
Total dir & ovhd exp per ton 37.30 44.27 36.41 32.16
With labor & management 40.75 48.37 39.86 35.70
Total exp less govt & oth income 39.50 46.42 38.65 34.40
Est. labor hours per acre 5.47 4.79 5.86 4.22