Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	5
Number of farms	5

Acres	111.94
Yield per acre (lb)	128.55
Operators share of yield %	100.00
Value per lb	0.40
Total product return per acre	51.98
Miscellaneous income per acre	3.84
Gross return per acre	55.83

Direct Expenses
Seed	7.58
Crop chemicals	5.25
Crop insurance	3.93
Fuel & oil	4.67
Repairs	7.80
Custom hire	1.34
Land rent	33.55
Operating interest	1.90
Total direct expenses per acre	66.01
Return over direct exp per acre	-10.18

Overhead Expenses
Custom hire	0.16
Hired labor	1.67
Machinery & bldg leases	2.48
Farm insurance	0.71
Utilities	1.00
Dues & professional fees	0.30
Interest	2.40
Mach & bldg depreciation	3.59
Miscellaneous	0.59
Total overhead expenses per acre	12.91
Total dir & ovhd expenses per acre	78.92
Net return per acre	-23.10

Lbr & mgt charge per acre	7.61
Net return over lbr & mgt	-30.71
Government payments	20.22
Net return with govt payments	-10.49

Cost of Production
Total direct expense per lb	0.51
Total dir & ovhd exp per lb	0.61
With labor & management	0.67
Total exp less govt & oth income	0.49

Est. labor hours per acre	1.09