Crop Enterprise Analysis
Farm Business Management - Moorhead
Northland Community & Technical College
(Farms Sorted By Net Return)
Soybeans on Share Rent
Avg. Of | |
All Farms | |
Number of fields | 12 |
Number of farms | 11 |
Acres | 193.69 |
Yield per acre (bu.) | 41.89 |
Operators share of yield % | 70.14 |
Value per bu. | 6.04 |
Total product return per acre | 177.37 |
Miscellaneous income per acre | 0.19 |
Gross return per acre | 177.56 |
Direct Expenses | |
Seed | 39.87 |
Fertilizer | 2.32 |
Crop chemicals | 15.61 |
Crop insurance | 10.44 |
Fuel & oil | 13.28 |
Repairs | 13.03 |
Operating interest | 7.07 |
Miscellaneous | 0.18 |
Total direct expenses per acre | 101.79 |
Return over direct exp per acre | 75.77 |
Overhead Expenses | |
Custom hire | 0.49 |
Hired labor | 3.18 |
Machinery leases | 1.20 |
Farm insurance | 3.56 |
Utilities | 1.79 |
Dues & professional fees | 1.66 |
Interest | 3.41 |
Mach & bldg depreciation | 8.09 |
Miscellaneous | 2.38 |
Total overhead expenses per acre | 25.75 |
Total dir & ovhd expenses per acre | 127.54 |
Net return per acre | 50.02 |
Government payments | 10.01 |
Net return with govt pmts | 60.03 |
Labor & management charge | 18.31 |
Net return over lbr & mgt | 41.72 |
Cost of Production | |
Total direct expense per bu. | 3.46 |
Total dir & ovhd exp per bu. | 4.34 |
Less govt & other income | 3.99 |
With labor & management | 4.62 |
Machinery cost per acre | 39.19 |
Est. labor hours per acre | 1.16 |