South
East Area Reports for 1999
S.E. Minnesota FBM
Crop Enterprise Analysis, 1999
(Farms sorted by Return to Overhead)
CORN ON OWNED LAND
Average Of Average Of Average Of
All Farms High 20% Low 20%
Number of fields 259 52 52
Number of farms 251 50 50
Acres 115.16 128.89 94.61
Yield per acre (bushel) 156.67 170.02 136.35
Operators share of yield % 100.00 100.00 100.00
Value per bushel 1.77 1.79 1.77
Other product return per acre 0.01 0.00 0.00
Total product return per acre 277.46 305.12 240.96
Miscellaneous income per acre 5.37 10.49 2.00
Gross return per acre 282.84 315.61 242.96
Direct expenses per acre
Seed 32.45 30.68 33.63
Fertilizer 40.99 38.21 42.07
Crop chemicals 31.04 27.93 36.05
Crop insurance 5.81 5.04 5.98
Drying fuel 7.58 5.41 8.73
Irrigation energy 0.08 0.00 0.29
Fuel & oil 9.45 7.41 11.21
Repairs 11.72 8.07 12.54
Repair, machinery 11.20 8.35 17.73
Custom hire 9.10 3.93 20.64
Repair, buildings 1.72 1.93 0.76
Repair, irrigation equip 0.07 0.00 0.04
Hired labor 0.11 0.46 0.00
Machinery & bldg leases 1.83 0.47 6.33
Utilities 0.19 0.04 1.09
Marketing 1.23 0.20 1.41
Operating interest 8.65 4.50 17.92
Miscellaneous 1.25 1.35 0.58
Total direct expenses per acre 174.48 143.97 217.01
Return over direct expenses per acre 108.36 171.64 25.96
Overhead expenses per acre
Repair, machinery 0.03 0.00 0.17
Hired labor 7.37 4.26 7.67
Machinery & bldg leases 3.85 5.19 7.41
RE & pers. property taxes 14.05 13.63 14.12
Farm insurance 4.02 3.85 4.28
Utilities 3.07 2.84 3.13
Dues & professional fees 1.10 0.79 1.02
Interest 45.63 48.59 45.98
Mach & bldg depreciation 30.74 26.68 32.09
Miscellaneous 5.30 4.85 4.94
Total overhead expenses per acre 115.17 110.67 120.80
Total listed expenses per acre 289.65 254.64 337.81
Net return per acre -6.81 60.97 -94.85
Total direct expense per bushel 1.11 0.85 1.59
Total listed expense per bushel 1.85 1.50 2.48
Net return per bushel -0.04 0.36 -0.70
Breakeven yield per acre 160.51 136.05 190.02
Est. labor hours per acre 2.08 1.75 2.23
Net return including govt. payments 43.08 102.85 -44.11
Lbr & mgt charge per acre 29.50 25.40 31.67
Net return over lbr & mgt 13.58 77.45 -75.79
-3-
[ HOME | CURRICULUM
| INSTRUCTORS | REPORTS
| LINKS ]
