Farm Business Management -- Reports -- Minnesota STATEWIDE

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

Number of fields	82	18	16	16	15	14
Number of farms	73	14	14	14	14	14

Acres	85.48	65.04	92.48	62.31	133.32	73.47
Yield per acre (ton)	2.23	1.72	1.98	1.89	2.40	3.15
Operators share of yield %	100.00	100.00	100.00	100.00	100.00	100.00
Value per ton	38.16	31.14	32.15	40.41	39.74	44.45
Other product return per acre	0.02	-	-	0.13	-	-
Total product return per acre	85.07	53.60	63.66	76.56	95.51	139.80
Miscellaneous income per acre	9.12	-	-	5.12	0.42	56.27
Gross return per acre	94.18	53.60	63.66	81.69	95.93	196.07

Direct Expenses
Seed	0.60	0.05	-	0.72	0.96	0.17
Fertilizer	7.48	6.79	5.23	8.63	9.14	6.04
Crop chemicals	0.69	3.27	-	-	0.27	0.46
Crop insurance	0.93	0.26	0.16	1.57	0.43	3.10
Fuel & oil	10.08	11.01	14.02	9.28	8.91	6.04
Repairs	14.92	24.41	14.27	14.11	11.13	12.91
Custom hire	1.74	6.23	-	-	2.19	-
Land rent	19.14	21.03	14.65	17.97	15.82	29.11
Operating interest	2.16	2.77	1.72	2.57	2.47	1.80
Miscellaneous	1.72	1.65	4.10	1.69	0.87	0.59
Total direct expenses per acre	59.46	77.47	54.14	56.54	52.19	60.22
Return over direct exp per acre	34.73	-23.87	9.52	25.15	43.74	135.84

Overhead Expenses
Custom hire	0.61	0.88	0.95	1.65	0.10	-
Hired labor	4.03	3.08	3.66	4.48	6.31	1.14
Machinery & bldg leases	1.62	6.99	0.35	0.39	0.42	0.82
Farm insurance	1.17	1.43	1.15	1.34	0.95	1.23
Utilities	1.81	1.58	1.23	4.40	1.40	1.12
Dues & professional fees	0.34	1.27	0.14	0.16	0.02	0.44
Interest	5.59	6.79	6.13	5.63	4.74	6.00
Mach & bldg depreciation	11.13	12.19	10.40	13.39	10.69	10.38
Miscellaneous	2.08	1.88	2.38	2.10	1.95	2.13
Total overhead expenses per acre	28.37	36.08	26.40	33.54	26.58	23.27
Total dir & ovhd expenses per acre	87.83	113.55	80.55	90.08	78.77	83.50
Net return per acre	6.35	-59.95	-16.89	-8.39	17.16	112.57

Lbr & mgt charge per acre	14.89	17.58	11.78	21.48	14.98	10.80
Net return over lbr & mgt	-8.54	-77.53	-28.67	-29.87	2.18	101.77
Government payments	16.01	20.18	13.50	14.08	14.87	16.13
Net return with govt payments	7.47	-57.36	-15.17	-15.79	17.05	117.90

Cost of Production
Total direct expense per ton	26.67	45.01	27.34	29.89	21.72	19.15
Total dir & ovhd exp per ton	39.40	65.98	40.68	47.62	32.78	26.55
With labor & management	46.09	76.19	46.63	58.98	39.01	29.98
Total exp less govt & oth income	34.80	64.47	39.81	48.76	32.65	6.96

Est. labor hours per acre	3.03	2.83	2.72	3.92	3.57	2.15