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

Sugar Beets on Owned Land Including Joint venture

Avg. Of
All Farms
Number of fields 11
Number of farms 10
Acres 108.40
Yield per acre (ton) 18.76
Operators share of yield % 100.00
Value per ton 37.50
Total product return per acre 703.40
Miscellaneous income per acre 2.85
Gross return per acre 706.24
Direct Expenses
Seed 47.90
Fertilizer 44.51
Crop chemicals 113.70
Crop insurance 14.61
Fuel & oil 47.86
Repairs 63.27
Custom hire 5.50
Hired labor 26.55
Stock/quota lease 212.35
Operating interest 19.56
Miscellaneous 0.53
Total direct expenses per acre 596.33
Return over direct exp per acre 109.92
Overhead Expenses
Custom hire 1.70
Hired labor 29.23
Machinery leases 11.33
RE & pers. property taxes 8.52
Farm insurance 4.63
Utilities 2.81
Dues & professional fees 6.71
Interest 57.14
Mach & bldg depreciation 50.04
Miscellaneous 8.18
Total overhead expenses per acre 180.28
Total dir & ovhd expenses per acre 776.61
Net return per acre -70.36
Government payments 13.12
Net return with govt pmts -57.24
Labor & management charge 66.55
Net return over lbr & mgt -123.79
Cost of Production
Total direct expense per ton 31.79
Total dir & ovhd exp per ton 41.40
Less govt & other income 40.55
With labor & management 44.10
Machinery cost per acre 196.16
Est. labor hours per acre 5.25

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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 47 8 10 13
Number of farms 31 6 6 7
Acres 212.39 281.39 153.25 117.02
Yield per acre (ton) 19.96 16.44 20.67 22.22
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 38.10 34.33 37.45 39.33
Total product return per acre 760.38 564.44 774.15 873.88
Miscellaneous income per acre 8.24 32.35 - -
Gross return per acre 768.62 596.79 774.15 873.88
Direct Expenses
Seed 49.23 48.65 47.84 46.07
Fertilizer 37.90 39.41 48.49 33.78
Crop chemicals 111.16 133.39 106.35 100.06
Crop insurance 15.65 12.48 14.73 16.00
Fuel & oil 49.07 48.91 46.97 48.15
Repairs 66.50 82.50 50.98 60.05
Custom hire 12.01 3.03 12.03 21.56
Hired labor 21.22 24.53 18.36 13.15
Land rent 75.26 69.36 75.48 71.15
Stock/quota lease 199.25 198.46 202.72 194.35
Machinery leases 1.00 - 2.99 -
Hauling and trucking 1.36 - 3.52 -
Marketing 0.67 - - -
Operating interest 20.32 25.69 17.71 8.00
Miscellaneous 0.79 - 0.81 0.52
Total direct expenses per acre 661.39 686.41 648.97 612.83
Return over direct exp per acre 107.23 -89.63 125.19 261.05
Overhead Expenses
Custom hire 2.39 4.17 0.69 4.26
Hired labor 34.29 21.91 22.99 18.54
Machinery leases 8.51 12.97 8.80 -
Farm insurance 4.76 5.78 4.52 4.21
Utilities 5.23 5.70 3.90 3.72
Dues & professional fees 6.33 8.38 5.99 5.23
Interest 17.66 27.28 10.28 8.13
Mach & bldg depreciation 44.07 54.10 48.07 30.01
Miscellaneous 9.03 4.59 9.84 11.42
Total overhead expenses per acre 132.27 144.88 115.08 85.52
Total dir & ovhd expenses per acre 793.66 831.29 764.04 698.35
Net return per acre -25.04 -234.51 10.11 175.53
Government payments 15.36 17.25 16.10 17.71
Net return with govt pmts -9.69 -217.26 26.20 193.25
Labor & management charge 74.43 61.54 88.72 72.12
Net return over lbr & mgt -84.11 -278.80 -62.52 121.13
Cost of Production
Total direct expense per ton 33.14 41.75 31.40 27.58
Total dir & ovhd exp per ton 39.77 50.56 36.96 31.43
Less govt & other income 38.58 47.54 36.18 30.63
With labor & management 42.31 51.29 40.48 33.88
Machinery cost per acre 199.65 229.25 179.52 171.56
Est. labor hours per acre 5.46 4.66 4.84 5.30

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