Farm Business Management -- Reports -- South Central Minnesota

	Avg. Of
	All Farms

Number of fields	13
Number of farms	10

Acres	47.85
Yield per acre (ton)	5.93
Operators share of yield %	100.00
Value per ton	41.02
Total product return per acre	243.42
Miscellaneous income per acre	12.66
Gross return per acre	256.07

Direct Expenses
Seed	0.30
Fertilizer	33.94
Crop chemicals	21.16
Crop insurance	6.23
Fuel & oil	8.86
Repairs	30.41
Custom hire	3.81
Hired labor	1.21
Operating interest	7.30
Miscellaneous	1.10
Total direct expenses per acre	114.32
Return over direct exp per acre	141.76

Overhead Expenses
Hired labor	26.93
Machinery & bldg leases	2.38
RE & pers. property taxes	13.63
Farm insurance	3.76
Utilities	4.07
Dues & professional fees	1.18
Interest	33.31
Mach & bldg depreciation	9.73
Miscellaneous	3.62
Total overhead expenses per acre	98.60
Total dir & ovhd expenses per acre	212.92
Net return per acre	43.16

Lbr & mgt charge per acre	24.79
Net return over lbr & mgt	18.36
Government payments	-
Net return with govt payments	18.36

Cost of Production
Total direct expense per ton	19.27
Total dir & ovhd exp per ton	35.88
With labor & management	40.06
Total exp less govt & oth income	37.93

Est. labor hours per acre	2.20