Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms	Low 20%	20 - 40%	40 - 60%	60 - 80%	High 20%

Number of fields	108	26	20	19	20	22
Number of farms	100	20	20	19	20	20

Acres	81.32	168.43	64.56	99.48	37.97	20.03
Yield per acre (unit)	57.71	43.36	54.18	68.34	90.59	107.49
Operators share of yield %	100.00	100.00	99.99	100.00	99.99	99.98
Value per unit	1.00	1.00	1.00	1.00	1.00	1.00
Total product return per acre	57.71	43.36	54.18	68.34	90.59	107.49
Miscellaneous income per acre	1.31	0.66	2.22	2.99	-	0.21
Gross return per acre	59.02	44.02	56.40	71.32	90.59	107.70

Direct Expenses
Seed	2.18	2.41	0.71	3.09	2.50	-
Crop chemicals	2.33	3.96	1.08	0.63	0.59	0.19
Fuel & oil	1.70	1.63	1.40	2.28	1.30	1.52
Repairs	3.71	4.10	2.65	3.87	3.50	2.71
Operating interest	0.79	0.78	0.75	0.91	0.63	0.73
Miscellaneous	0.53	0.74	0.28	0.49	0.16	-
Total direct expenses per acre	11.24	13.61	6.87	11.27	8.68	5.15
Return over direct exp per acre	47.78	30.41	49.53	60.06	81.91	102.55

Overhead Expenses
Hired labor	0.72	0.81	0.28	0.85	0.96	0.19
Machinery & bldg leases	0.73	0.97	0.37	0.18	1.49	0.53
RE & pers. property taxes	6.09	4.81	6.00	6.92	9.05	10.25
Farm insurance	1.95	1.99	1.53	2.89	0.94	0.70
Utilities	0.49	0.40	0.31	0.94	0.30	0.32
Interest	20.16	17.76	25.70	17.45	26.22	26.68
Mach & bldg depreciation	2.26	1.73	2.06	3.14	3.79	1.80
Miscellaneous	0.94	0.74	0.59	1.61	1.19	0.61
Total overhead expenses per acre	33.35	29.22	36.84	33.98	43.94	41.07
Total dir & ovhd expenses per acre	44.59	42.83	43.71	45.25	52.61	46.23
Net return per acre	14.43	1.19	12.70	26.08	37.98	61.47

Lbr & mgt charge per acre	3.66	3.26	2.89	4.00	5.85	4.72
Net return over lbr & mgt	10.77	-2.07	9.81	22.07	32.13	56.76
Government payments	-	-	-	-	-	-
Net return with govt payments	10.77	-2.07	9.81	22.07	32.13	56.76

Cost of Production
Total direct expense per unit	0.19	0.31	0.13	0.16	0.10	0.05
Total dir & ovhd exp per unit	0.77	0.99	0.81	0.66	0.58	0.43
With labor & management	0.84	1.06	0.86	0.72	0.65	0.47
Total exp less govt & oth income	0.81	1.05	0.82	0.68	0.65	0.47

Est. labor hours per acre	0.41	0.45	0.32	0.35	0.53	0.41