Farm Business Management -- Reports -- South Central Minnesota

	Avg. Of
	All Farms

Number of fields	15
Number of farms	15

Acres	21.69
Yield per acre (bushel)	42.48
Operators share of yield %	100.00
Value per bushel	2.73
Total product return per acre	116.11
Miscellaneous income per acre	40.50
Gross return per acre	156.61

Direct Expenses
Seed	15.68
Fertilizer	12.77
Crop chemicals	5.68
Crop insurance	2.42
Fuel & oil	6.75
Repairs	14.88
Custom hire	4.43
Operating interest	5.55
Miscellaneous	0.82
Total direct expenses per acre	68.98
Return over direct exp per acre	87.63

Overhead Expenses
Hired labor	1.57
Machinery & bldg leases	3.10
RE & pers. property taxes	14.28
Farm insurance	3.86
Utilities	2.46
Dues & professional fees	0.83
Interest	45.69
Mach & bldg depreciation	17.73
Miscellaneous	2.47
Total overhead expenses per acre	91.97
Total dir & ovhd expenses per acre	160.95
Net return per acre	-4.34

Lbr & mgt charge per acre	17.65
Net return over lbr & mgt	-21.99
Government payments	25.98
Net return with govt payments	3.99

Cost of Production
Total direct expense per bushel	1.62
Total dir & ovhd exp per bushel	3.79
With labor & management	4.20
Total exp less govt & oth income	2.64

Est. labor hours per acre	1.27