FBM LogoFarm Business Managementwww.mgt.org

HomeInstructorsReportsLinks


Red River Valley Reports For 1999

 

                                     TABLE 12 - 4                                  
                            Crop Enterprise Analysis, 1999                         
                Minnesota and North Dakota Farm Business Mgmt Education            
                                   Red River Valley                                
                         (Farms sorted by Return to Overhead)                      
                            NAVY BEANS ON CASH RENTED LAND                         
                                            Average Of   Average Of   Average Of
                                             All Farms     Low 20%      High 20%  
                                                   
   Number of fields                                 26            5            5
   Number of farms                                  26            5            5
   Acres                                        164.03       169.66       202.82
   Yield per acre (cwt)                          12.12         5.34        13.63
   Operators share of yield %                   100.00       100.00       100.00
   Value per cwt                                 15.12        15.07        16.02
   Total product return per acre                183.30        80.50       218.26
   Miscellaneous income per acre                 73.05        71.73       125.30
   Gross return per acre                        256.35       152.23       343.56
   Direct expenses per acre
     Seed                                        27.96        27.53        30.52
     Fertilizer                                  18.63        25.61        20.32
     Crop chemicals                              27.89        28.65        28.51
     Crop insurance                              14.73        18.25        14.79
     Fuel & oil                                   7.66         9.04         7.44
     Repairs                                     17.81        18.43        16.89
     Custom hire                                  3.15         1.05         5.95
     Land rent                                   62.34        53.58        61.52
     Operating interest                           5.54         5.95         3.07
     Miscellaneous                                0.65         1.13         0.00
   Total direct expenses per acre               186.36       189.22       189.00
   Return over direct expenses per acre          69.99       -36.99       154.57
   Overhead expenses per acre
     Custom hire                                  1.69         4.18         2.31
     Hired labor                                 10.48        11.19        15.48
     Machinery & bldg leases                      4.11         6.25         1.53
     Farm insurance                               4.67         3.85         8.50
     Utilities                                    2.48         3.58         2.23
     Dues & professional fees                     2.02         2.18         3.22
     Interest                                     4.13         2.90         2.31
     Mach & bldg depreciation                     9.28         2.12        10.65
     Miscellaneous                                2.53         3.30         2.21
   Total overhead expenses per acre              41.38        39.54        48.44
   Total listed expenses per acre               227.74       228.76       237.44
   Net return per acre                           28.62       -76.53       106.13
   Total direct expense per cwt                  15.37        35.43        13.87
   Total listed expense per cwt                  18.78        42.84        17.43
   Net return per cwt                             2.36       -14.33         7.79
   Breakeven yield per acre                      10.23        10.42         7.00
        
   Net return including govt. payments           28.62       -76.53       106.13
   Lbr & mgt charge per acre                     18.70        22.96        18.21
   Net return over lbr & mgt                      9.92       -99.49        87.92

 


[ HOME | CURRICULUM | INSTRUCTORS | REPORTS | LINKS ]

MnSCUpartnershipNovartis Seeds