Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	15
Number of farms	11

Acres	76.59
Yield per acre (bushel)	65.13
Operators share of yield %	71.82
Value per bushel	2.18
Total product return per acre	102.47
Miscellaneous income per acre	0.94
Gross return per acre	103.41

Direct Expenses
Seed	6.19
Fertilizer	16.41
Crop chemicals	15.02
Crop insurance	5.82
Fuel & oil	9.94
Repairs	15.63
Custom hire	4.77
Marketing	0.06
Operating interest	2.15
Miscellaneous	0.51
Total direct expenses per acre	76.49
Return over direct exp per acre	26.92

Overhead Expenses
Custom hire	2.02
Hired labor	6.27
Machinery & bldg leases	4.46
Farm insurance	1.68
Utilities	1.61
Dues & professional fees	0.89
Interest	2.90
Mach & bldg depreciation	8.25
Miscellaneous	1.21
Total overhead expenses per acre	29.30
Total dir & ovhd expenses per acre	105.80
Net return per acre	-2.39

Lbr & mgt charge per acre	15.88
Net return over lbr & mgt	-18.27
Government payments	23.66
Net return with govt payments	5.39

Cost of Production
Total direct expense per bushel	1.64
Total dir & ovhd exp per bushel	2.26
With labor & management	2.60
Total exp less govt & oth income	2.08

Est. labor hours per acre	1.82