Farm Business Management -- Reports -- Minnesota STATEWIDE

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

Number of fields	51	11	8	8	12	9
Number of farms	44	8	8	8	8	9

Acres	106.80	79.49	187.63	94.94	93.62	70.90
Yield per acre (unit)	2.34	1.00	1.78	2.60	2.94	4.87
Operators share of yield %	100.00	100.00	100.00	100.00	100.00	100.00
Value per unit	6.91	8.85	6.63	6.93	6.86	6.67
Other product return per acre	0.79	-	-	-	1.14	4.72
Total product return per acre	16.97	8.89	11.79	18.01	21.34	37.16
Miscellaneous income per acre	0.33	-	-	1.29	-	1.25
Gross return per acre	17.30	8.89	11.79	19.30	21.34	38.41

Direct Expenses
Seed	0.15	-	-	0.07	0.53	0.17
Fertilizer	0.94	1.22	0.49	0.97	2.32	-
Crop chemicals	0.49	1.99	-	-	0.78	0.11
Fuel & oil	0.90	0.98	1.09	1.11	0.82	0.59
Repairs	1.54	1.31	1.31	2.47	1.79	1.58
Custom hire	0.26	-	-	0.10	-	2.08
Land rent	11.04	17.88	10.23	12.22	7.88	9.94
Operating interest	0.52	0.54	0.90	0.99	0.17	0.09
Miscellaneous	0.07	0.02	-	0.00	0.12	0.34
Total direct expenses per acre	15.91	23.94	14.02	17.92	14.39	14.90
Return over direct exp per acre	1.39	-15.05	-2.23	1.39	6.95	23.51

Overhead Expenses
Farm insurance	0.74	1.29	0.68	0.54	0.64	1.12
Interest	0.60	0.61	0.81	0.61	0.66	0.32
Mach & bldg depreciation	0.73	0.56	0.60	0.88	0.76	0.99
Miscellaneous	0.86	0.86	1.22	1.33	0.29	0.47
Total overhead expenses per acre	2.93	3.31	3.31	3.36	2.34	2.90
Total dir & ovhd expenses per acre	18.84	27.25	17.33	21.27	16.74	17.80
Net return per acre	-1.54	-18.36	-5.55	-1.97	4.60	20.61

Lbr & mgt charge per acre	1.89	1.64	1.88	2.41	1.81	1.17
Net return over lbr & mgt	-3.43	-20.00	-7.43	-4.38	2.79	19.44
Government payments	4.71	9.89	2.27	1.05	10.68	-
Net return with govt payments	1.28	-10.11	-5.16	-3.33	13.48	19.44

Cost of Production
Total direct expense per unit	6.80	23.83	7.88	6.89	4.89	3.06
Total dir & ovhd exp per unit	8.05	27.13	9.75	8.19	5.69	3.66
With labor & management	8.85	28.76	10.80	9.11	6.30	3.90
Total exp less govt & oth income	6.37	18.91	9.53	8.21	2.28	2.67

Est. labor hours per acre	0.29	0.18	0.28	0.38	0.35	0.18