Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	15
Number of farms	14

Acres	76.41
Yield per acre (cwt)	14.00
Operators share of yield %	100.00
Value per cwt	13.54
Total product return per acre	189.57
Miscellaneous income per acre	61.20
Gross return per acre	250.77

Direct Expenses
Seed	33.87
Fertilizer	22.68
Crop chemicals	30.92
Crop insurance	16.64
Fuel & oil	11.89
Repairs	18.02
Custom hire	8.46
Hired labor	0.26
Operating interest	8.33
Total direct expenses per acre	151.06
Return over direct exp per acre	99.71

Overhead Expenses
Custom hire	3.56
Hired labor	8.47
Machinery & bldg leases	5.58
RE & pers. property taxes	10.53
Farm insurance	5.26
Utilities	2.63
Dues & professional fees	1.47
Interest	33.19
Mach & bldg depreciation	14.06
Miscellaneous	9.94
Total overhead expenses per acre	94.69
Total dir & ovhd expenses per acre	245.75
Net return per acre	5.02

Lbr & mgt charge per acre	23.96
Net return over lbr & mgt	-18.94
Government payments	2.02
Net return with govt payments	-16.92

Cost of Production
Total direct expense per cwt	10.79
Total dir & ovhd exp per cwt	17.56
With labor & management	19.27
Total exp less govt & oth income	14.75

Est. labor hours per acre	2.81