Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	17
Number of farms	13

Acres	104.74
Yield per acre (cwt)	14.74
Operators share of yield %	100.00
Value per cwt	12.01
Total product return per acre	177.03
Miscellaneous income per acre	28.49
Gross return per acre	205.52

Direct Expenses
Seed	25.55
Fertilizer	16.68
Crop chemicals	19.56
Crop insurance	16.42
Fuel & oil	12.30
Repairs	19.52
Custom hire	3.24
Land rent	47.94
Machinery & bldg leases	1.14
Operating interest	7.04
Miscellaneous	0.01
Total direct expenses per acre	169.39
Return over direct exp per acre	36.12

Overhead Expenses
Custom hire	1.95
Hired labor	8.16
Machinery & bldg leases	7.68
Farm insurance	5.12
Utilities	2.34
Dues & professional fees	1.89
Interest	4.29
Mach & bldg depreciation	13.11
Miscellaneous	3.12
Total overhead expenses per acre	47.65
Total dir & ovhd expenses per acre	217.04
Net return per acre	-11.52

Lbr & mgt charge per acre	25.42
Net return over lbr & mgt	-36.94
Government payments	-
Net return with govt payments	-36.94

Cost of Production
Total direct expense per cwt	11.49
Total dir & ovhd exp per cwt	14.72
With labor & management	16.45
Total exp less govt & oth income	14.51

Est. labor hours per acre	2.34