Statewide
Reports
State Averages
Crop Enterprise Analysis, 1996
(Farms sorted according to Return to Overhead per Acre)
ALFALFA HAY ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
---------- ----------- -----------
Number of fields 783 153 160
Number of farms 744 149 149
Acres 47.38 47.53 43.05
Yield per acre (ton) 3.07 1.82 4.43
Operators share of yield % 100.00 100.00 100.00
Value per ton 90.53 69.75 103.12
Total product return per acre 277.86 126.73 456.33
Miscellaneous income per acre 1.87 1.43 3.09
Gross return per acre 279.73 128.16 459.42
Direct expenses per acre
Seed 8.14 6.52 9.64
Fertilizer 16.54 15.68 16.50
Crop chemicals 1.03 1.25 0.73
Crop insurance 0.58 0.79 0.29
Drying fuel 0.03 0.00 0.04
Irrigation energy 0.07 0.09 0.17
Fuel & oil 14.68 14.25 15.17
Repairs 16.89 17.85 14.11
Repair, machinery 13.29 10.38 16.23
Custom hire 3.54 3.81 4.15
Repair, buildings 1.09 0.57 1.20
Repair, irrigation equip 0.04 0.02 0.18
Hired labor 0.42 0.38 0.40
Machinery & bldg leases 0.23 0.13 0.00
Utilities 0.00 0.00 0.01
Marketing 0.01 0.04 0.00
Operating interest 3.98 5.24 4.28
Miscellaneous 2.16 2.21 1.14
0.02 0.03 0.00
Total direct expenses per acre 82.74 79.23 84.22
Return over direct expenses per acre 196.99 48.93 375.20
Overhead expenses per acre
Custom hire 0.10 0.06 0.00
Hired labor 8.45 5.56 12.05
Machinery & bldg leases 2.17 1.25 4.35
RE & pers. property taxes 8.76 5.39 10.52
Farm insurance 2.74 2.75 2.90
Utilities 3.52 3.09 3.86
Dues & professional fees 0.55 0.75 0.58
Interest 35.67 27.01 47.15
Mach & bldg depreciation 27.76 22.42 34.25
Miscellaneous 3.69 3.60 3.89
0.00 0.00 0.02
Total overhead expenses per acre 93.41 71.89 119.59
Total listed expenses per acre 176.15 151.12 203.80
Net return per acre 103.58 -22.96 255.61
Total direct expense per ton 26.96 43.61 19.03
Total listed expense per ton 57.39 83.17 46.05
Net return per ton 33.74 -12.64 57.76
Breakeven yield per acre 1.93 2.15 1.95
Est. labor hours per acre 4.61 4.76 3.76
Net return including govt. payments 107.44 -20.63 263.18
Lbr & mgt charge per acre 27.73 26.18 30.70
Net return over lbr & mgt 79.71 -46.81 232.48
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