Crop Enterprise Analysis
Farm Business Management - Moorhead
Northland Community & Technical College
(Farms Sorted By Net Return)
Soybeans, Food on Cash Rent
Avg. Of | |
All Farms | |
Number of fields | 5 |
Number of farms | 5 |
Acres | 155.08 |
Yield per acre (bu.) | 30.83 |
Operators share of yield % | 100.00 |
Value per bu. | 7.74 |
Total product return per acre | 238.73 |
Miscellaneous income per acre | 4.47 |
Gross return per acre | 243.20 |
Direct Expenses | |
Seed | 19.39 |
Fertilizer | 4.20 |
Crop chemicals | 36.56 |
Crop insurance | 14.82 |
Fuel & oil | 14.32 |
Repairs | 12.50 |
Custom hire | 0.87 |
Land rent | 69.13 |
Machinery leases | 2.18 |
Operating interest | 2.00 |
Miscellaneous | 0.88 |
Total direct expenses per acre | 176.84 |
Return over direct exp per acre | 66.36 |
Overhead Expenses | |
Custom hire | 0.59 |
Hired labor | 2.13 |
Farm insurance | 1.32 |
Utilities | 1.26 |
Dues & professional fees | 1.24 |
Interest | 0.97 |
Mach & bldg depreciation | 12.41 |
Miscellaneous | 1.69 |
Total overhead expenses per acre | 21.61 |
Total dir & ovhd expenses per acre | 198.45 |
Net return per acre | 44.75 |
Government payments | 15.12 |
Net return with govt pmts | 59.87 |
Labor & management charge | 18.98 |
Net return over lbr & mgt | 40.89 |
Cost of Production | |
Total direct expense per bu. | 5.74 |
Total dir & ovhd exp per bu. | 6.44 |
Less govt & other income | 5.80 |
With labor & management | 6.42 |
Machinery cost per acre | 43.60 |
Est. labor hours per acre | 0.96 |