Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	10
Number of farms	7

Acres	28.41
Yield per acre (ton)	4.89
Operators share of yield %	100.00
Value per ton	28.39
Other product return per acre	11.54
Total product return per acre	150.35
Miscellaneous income per acre	0.24
Gross return per acre	150.59

Direct Expenses
Seed	3.73
Fertilizer	11.41
Crop chemicals	2.52
Crop insurance	0.09
Fuel & oil	12.14
Repairs	20.23
Custom hire	9.64
Operating interest	2.30
Miscellaneous	7.63
Total direct expenses per acre	69.69
Return over direct exp per acre	80.90

Overhead Expenses
Hired labor	10.34
Machinery & bldg leases	0.51
RE & pers. property taxes	2.72
Farm insurance	3.37
Utilities	3.47
Dues & professional fees	0.75
Interest	9.49
Mach & bldg depreciation	19.59
Miscellaneous	1.68
Total overhead expenses per acre	51.91
Total dir & ovhd expenses per acre	121.60
Net return per acre	28.99

Lbr & mgt charge per acre	24.63
Net return over lbr & mgt	4.36
Government payments	14.90
Net return with govt payments	19.26

Cost of Production
Total direct expense per ton	14.25
Total dir & ovhd exp per ton	24.87
With labor & management	29.91
Total exp less govt & oth income	24.45

Est. labor hours per acre	9.36