Statewide
Reports
State Averages
Crop Enterprise Analysis, 1996
(Farms sorted according to Return to Overhead per Acre)
CORN ON SHARE RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
---------- ----------- -----------
Number of fields 343 61 59
Number of farms 262 52 52
Acres 95.85 81.92 112.41
Yield per acre (bushel) 126.21 102.21 149.35
Operators share of yield % 55.54 56.26 55.75
Value per bushel 2.46 2.43 2.52
Total product return per acre 171.21 139.92 207.57
Miscellaneous income per acre 1.88 0.38 3.05
Gross return per acre 173.08 140.31 210.62
Direct expenses per acre
Seed 21.21 21.93 20.54
Fertilizer 29.65 36.30 25.91
Crop chemicals 19.08 23.04 17.29
Crop insurance 4.52 5.89 4.01
Drying fuel 6.44 7.94 5.70
Irrigation energy 0.02 0.00 0.00
Fuel & oil 9.96 11.16 9.60
Repairs 12.23 15.12 11.26
Repair, machinery 7.65 11.30 4.81
Custom hire 2.91 2.28 2.68
Repair, buildings 0.57 0.56 0.47
Hired labor 0.62 1.71 0.86
Machinery & bldg leases 0.56 0.48 0.58
Utilities 0.12 0.03 0.24
Marketing 0.35 0.25 0.09
Operating interest 8.38 9.66 7.97
Miscellaneous 0.30 0.16 0.17
Total direct expenses per acre 124.56 147.80 112.17
Return over direct expenses per acre 48.52 -7.49 98.46
Overhead expenses per acre
Repair, machinery 0.06 0.00 0.28
Hired labor 4.44 4.12 3.15
Machinery & bldg leases 3.37 1.14 3.71
RE & pers. property taxes 0.01 0.04 0.00
Farm insurance 2.36 2.60 2.72
Utilities 2.40 2.65 2.96
Dues & professional fees 0.56 0.35 0.72
Interest 4.96 5.72 4.22
Mach & bldg depreciation 17.83 16.02 19.13
Miscellaneous 4.83 3.23 5.77
Total overhead expenses per acre 40.83 35.87 42.67
Total listed expenses per acre 165.39 183.67 154.84
Net return per acre 7.70 -43.37 55.78
Total direct expense per bushel 1.78 2.57 1.35
Total listed expense per bushel 2.36 3.19 1.86
Net return per bushel 0.11 -0.75 0.67
Breakeven yield per acre 119.59 134.08 108.24
Est. labor hours per acre 2.04 2.41 2.39
Net return including govt. payments 11.23 -40.62 59.87
Lbr & mgt charge per acre 25.88 22.14 28.47
Net return over lbr & mgt -14.65 -62.76 31.40
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