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

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of farms 77 15 16 16
Operator Information
Average number of operators 1.1 0.7 1.0 1.3
Average age of operators 44.8 48.9 40.5 45.1
Average number of years farming 22.8 26.5 18.1 24.7
Results Per Operator
Working capital 149,165 67,289 77,039 344,864
Total assets (market) 2,001,518 1,093,029 1,925,881 2,912,252
Total liabilities 891,180 349,876 1,000,716 1,199,334
Net worth (market) 1,110,337 743,153 925,166 1,712,918
Net worth excl deferred liabs 1,309,631 846,505 1,083,122 2,055,444
Gross farm income 724,490 180,422 705,466 1,138,323
Total farm expense 540,036 149,542 534,036 780,056
Net farm income 184,454 30,880 171,430 358,267
Net nonfarm income 15,684 43,442 12,208 5,998
Family living & tax withdrawals 68,076 55,557 61,949 85,153
Total acres owned 389.5 391.5 399.0 344.1
Total crop acres 1,662.0 674.6 1,754.6 2,075.9
Crop acres owned 319.6 246.4 380.3 281.7
Crop acres cash rented 1,297.5 377.8 1,337.2 1,789.5
Crop acres share rented 44.9 50.5 37.2 4.7
Total pasture acres - - - -
Labor Analysis
Number of farms 77 15 16 16
Total unpaid labor hours 1,665 980 1,453 2,125
Total hired labor hours 2,171 265 1,523 5,066
Total labor hours per farm 3,836 1,245 2,976 7,191
Unpaid hours per operator 1,512 1,324 1,453 1,619
Value of farm production / hour 207.99 107.27 237.08 207.77
Net farm income / unpaid hour 122.01 23.32 117.97 221.28
Average hourly hired labor wage 13.99 7.77 14.02 14.78
Partnerships & LLCs
Number of farms 7 - - 2
Number of operators 2.3 - - -
Owner withdrawals per farm - - - -
Withdrawals per operator - - - -