Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	5
Number of farms	5

Acres	21.80
Yield per acre (ton)	14.94
Operators share of yield %	51.93
Value per ton	15.71
Total product return per acre	124.53
Miscellaneous income per acre	6.88
Gross return per acre	131.41

Direct Expenses
Seed	20.81
Fertilizer	19.13
Crop chemicals	10.69
Crop insurance	3.44
Fuel & oil	9.46
Repairs	14.00
Operating interest	3.72
Miscellaneous	0.78
Total direct expenses per acre	82.02
Return over direct exp per acre	49.39

Overhead Expenses
Custom hire	0.69
Hired labor	5.19
Machinery & bldg leases	0.72
Farm insurance	1.06
Utilities	2.91
Dues & professional fees	1.10
Interest	4.33
Mach & bldg depreciation	11.99
Miscellaneous	1.10
Total overhead expenses per acre	29.08
Total dir & ovhd expenses per acre	111.10
Net return per acre	20.31

Lbr & mgt charge per acre	18.78
Net return over lbr & mgt	1.53
Government payments	18.05
Net return with govt payments	19.57

Cost of Production
Total direct expense per ton	10.57
Total dir & ovhd exp per ton	14.32
With labor & management	16.74
Total exp less govt & oth income	13.52

Est. labor hours per acre	2.35