Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	12
Number of farms	11

Acres	50.33
Yield per acre (unit)	8.08
Operators share of yield %	100.00
Value per unit	13.36
Other product return per acre	19.35
Total product return per acre	127.23
Miscellaneous income per acre	9.70
Gross return per acre	136.93

Direct Expenses
Seed	1.60
Fertilizer	14.72
Crop chemicals	0.70
Fuel & oil	4.68
Repairs	9.84
Custom hire	2.39
Operating interest	4.13
Total direct expenses per acre	38.07
Return over direct exp per acre	98.86

Overhead Expenses
Custom hire	0.19
Hired labor	2.80
Machinery & bldg leases	1.05
RE & pers. property taxes	6.78
Farm insurance	1.78
Utilities	0.80
Dues & professional fees	2.28
Interest	28.08
Mach & bldg depreciation	6.48
Miscellaneous	2.56
Total overhead expenses per acre	52.81
Total dir & ovhd expenses per acre	90.88
Net return per acre	46.05

Lbr & mgt charge per acre	6.22
Net return over lbr & mgt	39.83
Government payments	20.76
Net return with govt payments	60.59

Cost of Production
Total direct expense per unit	4.71
Total dir & ovhd exp per unit	11.25
With labor & management	12.02
Total exp less govt & oth income	5.86

Est. labor hours per acre	1.18