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

Sugar Beets on Cash Rent Excluding Joint venture

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of fields 44 7 7 16
Number of farms 35 7 7 7
Acres 181.86 213.51 237.13 81.11
Yield per acre (ton) 25.04 23.14 25.55 28.27
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 40.71 39.71 40.79 39.97
Total product return per acre 1,019.48 919.01 1,042.09 1,129.67
Miscellaneous income per acre 4.07 20.68 - 1.27
Gross return per acre 1,023.55 939.68 1,042.09 1,130.94
Direct Expenses
Seed 55.09 58.55 56.13 51.84
Fertilizer 43.82 43.80 41.27 41.93
Crop chemicals 88.96 94.64 83.11 96.70
Crop insurance 15.25 15.38 15.50 16.94
Fuel & oil 61.84 81.58 56.64 53.97
Repairs 75.25 92.73 82.59 58.04
Custom hire 7.70 6.74 4.38 9.02
Hired labor 31.97 38.43 31.17 36.35
Land rent 80.20 87.44 74.85 77.84
Machinery leases 0.38 2.03 - -
Hauling and trucking 4.06 15.19 - 3.14
Marketing 0.31 1.64 - -
Operating interest 24.85 33.55 30.49 10.93
Miscellaneous 1.80 2.52 - 4.30
Total direct expenses per acre 491.47 574.23 476.13 461.00
Return over direct exp per acre 532.07 365.45 565.96 669.94
Overhead Expenses
Custom hire 4.33 8.23 4.73 7.32
Hired labor 41.04 33.87 52.09 35.70
Machinery leases 18.11 81.25 1.76 9.39
Building leases 0.50 2.15 - 0.11
Farm insurance 8.23 10.79 10.51 4.94
Utilities 6.06 10.63 6.64 2.72
Dues & professional fees 9.16 9.93 10.92 5.36
Interest 13.52 8.37 14.42 6.00
Mach & bldg depreciation 51.02 31.76 70.85 56.85
Miscellaneous 6.79 4.69 4.63 18.10
Total overhead expenses per acre 158.77 201.68 176.54 146.47
Total dir & ovhd expenses per acre 650.24 775.91 652.66 607.48
Net return per acre 373.31 163.77 389.43 523.46
Government payments 15.02 16.61 15.06 16.55
Net return with govt pmts 388.32 180.38 404.49 540.01
Labor & management charge 84.64 86.26 79.80 86.86
Net return over lbr & mgt 303.69 94.12 324.69 453.16
Cost of Production
Total direct expense per ton 19.63 24.81 18.64 16.31
Total dir & ovhd exp per ton 25.97 33.53 25.54 21.49
Less govt & other income 25.21 31.92 24.95 20.86
With labor & management 28.59 35.64 28.08 23.93
Machinery cost per acre 229.31 311.88 230.75 200.11
Est. labor hours per acre 6.79 5.96 6.79 6.36