Red River Valley Reports For 1999

                                            TABLE 12 - 11                                 
                                   Crop Enterprise Analysis, 1999                         
                       Minnesota and North Dakota Farm Business Mgmt Education            
                                          Red River Valley                                
                                       (Average of All Farms)                             

                                      ALFALFA HAY ON OWNED LAND                           

                                                                     Average For
                                                                      All Farms 
                                                                     

                    Number of fields                                          7
                    Number of farms                                           7

                    Acres                                                 28.73
                    Yield per acre (ton)                                   2.79
                    Operators share of yield %                           100.00
                    Value per ton                                         39.85
                    Total product return per acre                        111.27
                    Miscellaneous income per acre                          0.00
                    Gross return per acre                                111.27

                    Direct expenses per acre
                      Fertilizer                                           3.74
                      Crop insurance                                       1.40
                      Fuel & oil                                           6.36
                      Repairs                                             13.52
                      Custom hire                                         12.74
                      Operating interest                                   3.68
                    Total direct expenses per acre                        41.44
                    Return over direct expenses per acre                  69.83

                    Overhead expenses per acre
                      Custom hire                                          1.09
                      Hired labor                                          3.48
                      Machinery & bldg leases                              0.64
                      RE & pers. property taxes                           11.59
                      Farm insurance                                       3.06
                      Utilities                                            1.72
                      Dues & professional fees                             1.01
                      Interest                                            34.28
                      Mach & bldg depreciation                             8.37
                      Miscellaneous                                        2.29
                    Total overhead expenses per acre                      67.51
                    Total listed expenses per acre                       108.95
                    Net return per acre                                    2.32

                    Total direct expense per ton                          14.84
                    Total listed expense per ton                          39.02
                    Net return per ton                                     0.83
                    Breakeven yield per acre                               2.73
                    

                    Net return including govt. payments                   29.26
                    Lbr & mgt charge per acre                             11.40
                    Net return over lbr & mgt                             17.86

[ HOME | CURRICULUM | INSTRUCTORS | REPORTS | LINKS ]