Crop Enterprise Analysis
Farm Business Management - Moorhead
Northland Community & 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 49 7 8 12
Number of farms 32 6 7 7
Acres 253.44 365.27 431.08 123.78
Yield per acre (ton) 24.35 22.16 24.29 27.27
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 40.12 40.29 39.69 40.59
Total product return per acre 976.99 892.86 963.98 1,106.81
Miscellaneous income per acre 4.10 12.34 4.56 2.48
Gross return per acre 981.09 905.19 968.54 1,109.28
Direct Expenses
Seed 54.59 49.62 58.78 50.21
Fertilizer 41.39 38.80 39.67 40.99
Crop chemicals 88.75 90.70 89.90 88.43
Crop insurance 16.72 17.63 18.38 12.89
Fuel & oil 59.45 77.95 55.93 49.77
Repairs 69.22 74.60 58.47 61.26
Custom hire 8.10 4.18 14.35 1.95
Hired labor 30.19 31.76 34.66 31.12
Land rent 80.53 71.62 90.78 77.22
Stock/quota lease 218.02 226.82 219.52 224.61
Hauling and trucking 4.27 20.12 - 1.04
Operating interest 33.22 45.83 33.03 21.96
Miscellaneous 2.55 - - 17.46
Total direct expenses per acre 707.00 749.63 713.47 678.89
Return over direct exp per acre 274.09 155.56 255.07 430.39
Overhead Expenses
Custom hire 4.07 0.93 7.40 5.59
Hired labor 24.32 24.03 26.02 9.56
Machinery leases 7.91 13.92 5.13 4.36
Farm insurance 6.70 5.53 5.16 7.98
Utilities 3.81 4.35 3.31 5.22
Dues & professional fees 5.43 2.60 4.38 5.49
Interest 18.68 26.26 14.31 10.97
Mach & bldg depreciation 48.86 59.72 45.27 51.55
Miscellaneous 6.48 9.29 4.81 8.19
Total overhead expenses per acre 126.27 146.61 115.79 108.91
Total dir & ovhd expenses per acre 833.26 896.25 829.26 787.81
Net return per acre 147.82 8.95 139.28 321.48
Government payments 14.16 14.66 14.19 14.15
Net return with govt pmts 161.98 23.61 153.46 335.62
Labor & management charge 68.92 70.26 64.05 70.24
Net return over lbr & mgt 93.06 -46.65 89.41 265.39
Cost of Production
Total direct expense per ton 29.03 33.83 29.37 24.90
Total dir & ovhd exp per ton 34.22 40.45 34.14 28.89
Less govt & other income 33.47 39.23 33.37 28.28
With labor & management 36.30 42.40 36.01 30.86
Machinery cost per acre 215.06 255.49 200.17 184.85
Est. labor hours per acre 5.19 5.42 5.55 4.41