Farm Business Management -- Reports -- Minnesota STATEWIDE

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

Number of fields	74	13	15	13	13	17
Number of farms	69	13	13	13	13	14

Acres	59.74	89.88	25.44	127.59	52.19	23.72
Yield per acre (ton)	1.71	1.49	1.32	1.27	2.51	3.20
Operators share of yield %	100.00	100.00	99.99	100.00	100.00	100.00
Value per ton	39.43	35.92	33.80	42.23	38.54	44.08
Total product return per acre	67.42	53.52	44.74	53.54	96.77	140.86
Miscellaneous income per acre	0.50	0.07	0.24	0.06	1.41	2.48
Gross return per acre	67.92	53.59	44.98	53.60	98.18	143.34

Direct Expenses
Seed	0.12	-	1.05	-	-	0.36
Fertilizer	1.47	0.51	2.25	1.19	4.04	0.80
Fuel & oil	12.36	32.40	7.89	3.55	4.98	7.07
Repairs	21.19	50.53	11.99	8.95	10.93	15.51
Custom hire	2.04	1.89	0.25	0.83	2.59	8.93
Land rent	19.27	32.50	18.35	8.12	27.09	15.97
Operating interest	3.77	2.49	2.17	5.76	1.85	4.38
Miscellaneous	0.66	0.51	3.33	0.22	0.47	0.83
Total direct expenses per acre	60.89	120.84	47.28	28.63	51.93	53.85
Return over direct exp per acre	7.03	-67.25	-2.30	24.97	46.25	89.48

Overhead Expenses
Hired labor	3.45	4.15	3.51	2.34	3.35	4.91
Machinery & bldg leases	1.23	1.36	2.50	0.26	2.07	2.46
Farm insurance	1.03	0.68	1.75	1.01	1.03	1.71
Utilities	1.39	2.76	2.20	0.58	0.52	0.84
Dues & professional fees	0.21	0.51	0.33	0.02	0.05	0.38
Interest	5.23	11.36	9.60	1.38	2.47	2.87
Mach & bldg depreciation	11.07	23.18	7.89	5.27	7.25	7.12
Miscellaneous	2.20	1.36	1.28	2.94	3.22	1.48
Total overhead expenses per acre	25.82	45.36	29.05	13.79	19.97	21.76
Total dir & ovhd expenses per acre	86.71	166.20	76.33	42.42	71.90	75.61
Net return per acre	-18.79	-112.61	-31.35	11.18	26.29	67.73

Lbr & mgt charge per acre	13.07	26.02	14.51	3.71	9.72	16.65
Net return over lbr & mgt	-31.86	-138.63	-45.86	7.47	16.57	51.08
Government payments	6.84	7.91	9.10	3.67	12.65	6.09
Net return with govt payments	-25.01	-130.72	-36.75	11.14	29.22	57.17

Cost of Production
Total direct expense per ton	35.61	81.10	35.72	22.59	20.68	16.85
Total dir & ovhd exp per ton	50.71	111.55	57.67	33.47	28.63	23.66
With labor & management	58.35	129.01	68.63	36.39	32.51	28.87
Total exp less govt & oth income	54.06	123.65	61.57	33.45	26.90	26.19

Est. labor hours per acre	2.30	3.07	2.38	1.59	1.99	2.65