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

Corn on Cash Rent

	Avg. Of
	All Farms	40 - 60%	High 20%

Number of fields	24	5	5
Number of farms	22	5	5

Acres	298.82	353.96	325.92
Yield per acre (bu.)	99.59	69.48	126.93
Operators share of yield %	100.00	100.00	100.00
Value per bu.	2.06	1.98	2.33
Total product return per acre	205.27	137.55	296.27
Miscellaneous income per acre	43.27	80.46	24.12
Gross return per acre	248.54	218.01	320.39

Direct Expenses
Seed	42.73	42.38	40.15
Fertilizer	48.88	45.14	48.56
Crop chemicals	17.15	14.02	12.26
Crop insurance	10.58	9.61	9.20
Drying fuel	15.86	7.42	3.14
Fuel & oil	12.82	11.39	14.56
Repairs	22.69	27.94	21.35
Custom hire	3.50	1.15	-
Hired labor	0.64	2.61	-
Land rent	65.36	53.66	74.70
Machinery & bldg leases	0.11	-	0.51
Utilities	0.15	0.60	-
Operating interest	7.14	8.08	6.02
Miscellaneous	0.04	0.16	-
Total direct expenses per acre	247.64	224.17	230.44
Return over direct exp per acre	0.90	-6.16	89.94

Overhead Expenses
Custom hire	0.97	0.28	1.67
Hired labor	9.95	8.37	9.17
Machinery & bldg leases	1.49	3.37	1.16
Farm insurance	5.42	8.15	2.89
Utilities	3.03	2.72	3.48
Dues & professional fees	1.81	1.95	1.24
Interest	6.26	9.63	4.08
Mach & bldg depreciation	17.96	14.96	22.68
Miscellaneous	2.13	1.43	2.48
Total overhead expenses per acre	49.00	50.87	48.85
Total dir & ovhd expenses per acre	296.65	275.04	279.29
Net return per acre	-48.10	-57.03	41.10

Lbr & mgt charge per acre	24.80	20.13	27.12
Net return over lbr & mgt	-72.90	-77.16	13.98
Government payments	16.52	13.40	18.24
Net return with govt payments	-56.38	-63.77	32.22

Cost of Production
Total direct expense per bu.	2.49	3.23	1.82
Total dir & ovhd exp per bu.	2.98	3.96	2.20
With labor & management	3.23	4.25	2.41
Total exp less govt & oth income	2.63	2.90	2.08

Est. labor hours per acre	1.82	1.85	2.02