FBM LogoFarm Business Managementwww.mgt.org

HomeInstructorsReportsLinks


Red River Valley Reports For 1999

 

                                            TABLE 12 - 9                                  
                                   Crop Enterprise Analysis, 1999                         
                       Minnesota and North Dakota Farm Business Mgmt Education            
                                          Red River Valley                                
                                (Farms sorted by Return to Overhead)                      
                                      CORN ON CASH RENTED LAND                            
                                                   Average Of   Average Of   Average Of
                                                    All Farms     Low 20%      High 20%  
                                                   
          Number of fields                                 77           17           15
          Number of farms                                  63           13           13
          Acres                                        190.14       129.33       219.67
          Yield per acre (bushel)                      126.90       108.64       142.47
          Operators share of yield %                   100.00       100.00       100.00
          Value per bushel                               1.67         1.41         1.85
          Total product return per acre                211.81       152.89       263.44
          Miscellaneous income per acre                 22.36        22.35        26.43
          Gross return per acre                        234.18       175.24       289.87
          Direct expenses per acre
            Seed                                        33.76        37.65        35.02
            Fertilizer                                  33.33        33.97        29.89
            Crop chemicals                              22.06        21.46        20.84
            Crop insurance                               6.79         8.20         6.33
            Drying fuel                                  5.00         6.07         6.45
            Fuel & oil                                   8.83         9.14         8.59
            Repairs                                     17.29        16.62        21.18
            Custom hire                                  3.17         5.28         2.38
            Hired labor                                  0.66         0.33         2.22
            Land rent                                   63.00        69.18        53.24
            Operating interest                           8.66         8.67         7.52
            Miscellaneous                                1.82         0.00         7.35
          Total direct expenses per acre               204.38       216.58       201.02
          Return over direct expenses per acre          29.80       -41.34        88.85
          Overhead expenses per acre
            Custom hire                                  2.21         4.16         0.85
            Hired labor                                  8.91         4.57        15.50
            Machinery & bldg leases                      4.77         6.02         3.63
            Farm insurance                               2.95         1.46         6.03
            Utilities                                    2.22         2.22         2.74
            Dues & professional fees                     1.62         1.57         1.20
            Interest                                     7.61         6.91         8.97
            Mach & bldg depreciation                    13.35        10.38        11.32
            Miscellaneous                                3.09         1.63         4.51
          Total overhead expenses per acre              46.74        38.92        54.76
          Total listed expenses per acre               251.12       255.50       255.79
          Net return per acre                          -16.95       -80.26        34.09
          Total direct expense per bushel                1.61         1.99         1.41
          Total listed expense per bushel                1.98         2.35         1.80
          Net return per bushel                         -0.13        -0.74         0.24
          Breakeven yield per acre                     137.05       165.67       124.04
          
          Net return including govt. payments           10.65       -52.42        54.60
          Lbr & mgt charge per acre                     19.57        21.40        18.02
          Net return over lbr & mgt                     -8.92       -73.82        36.58

 


[ HOME | CURRICULUM | INSTRUCTORS | REPORTS | LINKS ]

MnSCUpartnershipNovartis Seeds