Operator and Labor Information
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of farms 76 15 15 16
Operator Information
Average number of operators 1.1 0.8 1.1 1.3
Average age of operators 43.8 45.5 40.1 44.5
Average number of years farming 21.5 23.1 18.4 23.6
Results Per Operator
Working capital 103,027 -7,040 23,591 269,214
Total assets (market) 1,673,950 1,424,206 1,675,154 2,093,766
Total liabilities 766,599 714,923 887,490 799,208
Net worth (market) 907,351 709,283 787,664 1,294,558
Net worth excl deferred liabs 1,063,749 804,229 933,914 1,519,076
Gross farm income 530,474 406,819 539,561 733,834
Total farm expense 452,635 414,733 481,261 567,421
Net farm income 77,839 -7,914 58,300 166,413
Net nonfarm income 14,310 31,631 12,995 6,489
Family living & tax withdrawals 66,858 71,901 63,183 83,976
Total acres owned 358.5 391.0 404.3 319.0
Total crop acres 1,574.7 1,471.7 1,697.2 1,928.1
Crop acres owned 312.2 253.7 372.3 279.9
Crop acres cash rented 1,214.4 1,097.9 1,296.1 1,642.9
Crop acres share rented 48.0 120.1 28.7 5.4
Total pasture acres - - - -
Labor Analysis
Number of farms 76 15 15 16
Total unpaid labor hours 1,398 1,157 1,350 1,600
Total hired labor hours 2,160 1,332 1,513 4,225
Total labor hours per farm 3,558 2,488 2,863 5,825
Unpaid hours per operator 1,289 1,399 1,266 1,280
Value of farm production / hour 160.14 135.15 192.29 157.44
Net farm income / unpaid hour 60.38 -5.65 46.06 130.01
Average hourly hired labor wage 13.89 13.13 12.24 13.68
Partnerships & LLCs
Number of farms 5 - - 3
Number of operators 2.2 - - -
Owner withdrawals per farm - - - -
Withdrawals per operator - - - -