Farm Business Management -- Reports -- Minnesota STATEWIDE

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

Number of fields	112	24	21	21	22	22
Number of farms	109	21	21	21	22	22

Acres	91.76	96.74	84.84	128.90	60.23	83.19
Yield per acre (ton)	2.14	1.25	2.04	2.74	2.59	2.18
Operators share of yield %	100.00	100.00	100.00	100.00	100.00	100.00
Value per ton	35.93	30.22	32.36	33.94	42.04	41.41
Other product return per acre	0.03	-	0.16	-	-	-
Total product return per acre	76.89	37.64	66.20	92.98	108.87	90.10
Miscellaneous income per acre	17.32	0.08	0.10	2.34	2.35	91.92
Gross return per acre	94.22	37.72	66.30	95.32	111.22	182.02

Direct Expenses
Seed	0.18	-	0.32	-	0.79	-
Fertilizer	8.02	8.79	8.11	10.93	4.21	5.76
Crop insurance	0.94	0.18	0.41	0.50	0.20	3.73
Fuel & oil	7.66	8.56	8.66	8.92	7.92	3.13
Repairs	13.51	18.14	13.80	16.10	10.48	4.88
Custom hire	0.66	0.26	0.70	0.13	3.06	0.28
Operating interest	1.36	2.17	1.70	0.53	2.26	0.82
Miscellaneous	2.08	1.62	2.43	2.25	3.65	1.21
Total direct expenses per acre	34.41	39.73	36.12	39.37	32.59	19.81
Return over direct exp per acre	59.81	-2.01	30.18	55.95	78.63	162.21

Overhead Expenses
Custom hire	0.97	0.34	3.63	0.91	0.10	0.04
Hired labor	2.93	0.70	7.87	2.81	4.22	0.68
Machinery & bldg leases	0.66	1.45	0.09	0.37	1.51	0.15
RE & pers. property taxes	3.33	3.21	3.41	3.56	2.74	2.38
Farm insurance	1.90	2.79	1.90	1.11	2.71	1.25
Utilities	1.29	1.72	1.38	1.19	1.28	0.62
Dues & professional fees	0.41	0.78	0.50	0.01	0.75	0.26
Interest	14.35	14.63	10.77	12.49	13.90	17.23
Mach & bldg depreciation	11.05	10.35	11.41	15.92	13.84	3.16
Miscellaneous	1.95	1.27	2.32	2.14	3.83	0.99
Total overhead expenses per acre	38.85	37.24	43.27	40.51	44.89	26.76
Total dir & ovhd expenses per acre	73.26	76.97	79.40	79.88	77.48	46.57
Net return per acre	20.96	-39.25	-13.09	15.44	33.74	135.45

Lbr & mgt charge per acre	14.42	16.55	15.43	16.55	14.95	6.25
Net return over lbr & mgt	6.54	-55.81	-28.53	-1.11	18.79	129.20
Government payments	10.41	10.58	6.72	11.28	10.33	9.81
Net return with govt payments	16.95	-45.22	-21.81	10.17	29.13	139.01

Cost of Production
Total direct expense per ton	16.09	31.89	17.70	14.37	12.58	9.10
Total dir & ovhd exp per ton	34.25	61.79	38.91	29.15	29.92	21.40
With labor & management	40.99	75.08	46.47	35.19	35.69	24.27
Total exp less govt & oth income	28.01	66.52	43.05	30.22	30.79	-22.48

Est. labor hours per acre	2.79	2.70	3.37	3.36	3.75	0.71