Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	18
Number of farms	18

Acres	60.24
Yield per acre (ton)	3.36
Operators share of yield %	57.08
Value per ton	56.49
Total product return per acre	107.93
Miscellaneous income per acre	-
Gross return per acre	107.93

Direct Expenses
Seed	0.10
Fertilizer	5.22
Crop chemicals	0.56
Crop insurance	1.39
Fuel & oil	6.92
Repairs	14.46
Custom hire	4.86
Machinery & bldg leases	0.29
Operating interest	6.43
Miscellaneous	2.90
Total direct expenses per acre	43.10
Return over direct exp per acre	64.83

Overhead Expenses
Custom hire	1.76
Hired labor	2.24
Machinery & bldg leases	1.15
Farm insurance	2.56
Utilities	3.27
Dues & professional fees	0.50
Interest	5.40
Mach & bldg depreciation	12.81
Miscellaneous	5.50
Total overhead expenses per acre	35.18
Total dir & ovhd expenses per acre	78.28
Net return per acre	29.65

Lbr & mgt charge per acre	16.27
Net return over lbr & mgt	13.38
Government payments	12.49
Net return with govt payments	25.87

Cost of Production
Total direct expense per ton	22.45
Total dir & ovhd exp per ton	40.77
With labor & management	49.24
Total exp less govt & oth income	42.74

Est. labor hours per acre	2.02