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South East Area Reports for 1999

 

 

                                         S.E. Minnesota FBM                               
                                   Crop Enterprise Analysis, 1999                         
                                (Farms sorted by Return to Overhead)                      

                                        PASTURE ON OWNED LAND                             


                                                   Average Of   Average Of   Average Of
                                                    All Farms    High 20%       Low 20%  
                                                   
          Number of fields                                 23            5            5
          Number of farms                                  23            5            5

          Acres                                         55.53        18.32        49.28
          Yield per acre                                11.57        18.28         0.69
          Operators share of yield %                   100.00       100.00       100.00
          Value per unit                                 2.58         4.90         4.94
          Other product return per acre                  1.83        25.55         0.00
          Total product return per acre                 31.69       115.03         3.41
          Miscellaneous income per acre                  1.03        14.41         0.00
          Gross return per acre                         32.72       129.44         3.41

          Direct expenses per acre
            Seed                                         0.91         3.53         1.64
            Fertilizer                                   1.21         5.22         2.90
            Crop chemicals                               1.10         0.00         4.06
            Irrigation energy                            0.00         0.00         0.00
            Fuel & oil                                   0.71         0.65         1.02
            Repairs                                      2.45         0.65         6.73
            Repair, machinery                            0.58         0.59         0.88
            Custom hire                                  1.36         0.00         6.96
            Repair, buildings                            0.03         0.04         0.02
            Operating interest                           0.49         0.07         0.46
          Total direct expenses per acre                 8.84        10.74        24.68
          Return over direct expenses per acre          23.88       118.70       -21.27

          Overhead expenses per acre
            Hired labor                                  0.98         0.22         2.26
            Machinery & bldg leases                      0.03         0.00         0.05
            RE & pers. property taxes                    6.48         8.46         5.13
            Farm insurance                               0.27         0.23         0.41
            Utilities                                    0.24         0.23         0.67
            Dues & professional fees                     0.14         0.05         0.66
            Interest                                     4.29         9.26         7.47
            Mach & bldg depreciation                     1.66         0.87         3.34
            Miscellaneous                                1.47         0.42         5.13
          Total overhead expenses per acre              15.55        19.75        25.13
          Total listed expenses per acre                24.39        30.49        49.81
          Net return per acre                            8.33        98.95       -46.40

          Total direct expense per unit                  0.76         0.59        35.77
          Total listed expense per unit                  2.11         1.67        72.19
          Net return per unit                            0.72         5.41       -67.25
          Breakeven yield per acre                       8.34        -1.93        10.08
          Est. labor hours per acre                      0.07         0.10         0.13

          Net return including govt. payments           12.20       118.14       -46.40
          Lbr & mgt charge per acre                      2.29         2.42         5.45
          Net return over lbr & mgt                      9.92       115.72       -51.85

 

 


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