Farm Business Management -- Reports -- Minnesota STATEWIDE

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

Number of fields	30	5	5	5
Number of farms	27	5	5	5

Acres	50.65	52.74	45.58	65.00
Yield per acre (lb)	3,178.98	1,659.92	3,594.58	3,727.08
Operators share of yield %	100.00	100.00	99.99	100.00
Value per lb	0.08	0.09	0.07	0.08
Total product return per acre	258.09	143.26	262.77	280.98
Miscellaneous income per acre	31.79	19.34	-	115.40
Gross return per acre	289.88	162.60	262.77	396.38

Direct Expenses
Fertilizer	14.22	11.40	-	9.43
Crop chemicals	12.00	12.01	7.79	10.71
Crop insurance	4.93	11.41	0.88	2.25
Fuel & oil	7.56	6.60	8.17	7.41
Repairs	14.98	13.90	20.61	12.91
Custom hire	0.92	1.88	-	0.98
Hired labor	0.64	-	-	2.27
Machinery & bldg leases	0.63	1.38	-	-
Marketing	1.95	-	-	-
Operating interest	6.19	3.92	4.71	6.53
Miscellaneous	1.60	0.39	8.59	0.22
Total direct expenses per acre	65.60	62.90	50.74	52.70
Return over direct exp per acre	224.28	99.70	212.03	343.68

Overhead Expenses
Hired labor	6.72	3.22	1.27	5.04
Machinery & bldg leases	2.71	1.00	2.37	0.78
RE & pers. property taxes	13.61	15.00	9.84	15.90
Farm insurance	2.48	2.01	2.69	2.63
Utilities	2.16	1.28	1.94	1.73
Dues & professional fees	0.66	1.50	0.73	0.97
Interest	44.63	40.10	71.95	41.94
Mach & bldg depreciation	15.83	10.87	18.17	17.73
Miscellaneous	2.25	4.26	1.27	1.42
Total overhead expenses per acre	91.05	79.25	110.24	88.14
Total dir & ovhd expenses per acre	156.65	142.15	160.98	140.84
Net return per acre	133.23	20.45	101.80	255.54

Lbr & mgt charge per acre	19.48	26.91	19.24	14.04
Net return over lbr & mgt	113.75	-6.46	82.55	241.50
Government payments	-	-	-	-
Net return with govt payments	113.75	-6.46	82.55	241.50

Cost of Production
Total direct expense per lb	0.02	0.04	0.01	0.01
Total dir & ovhd exp per lb	0.05	0.09	0.04	0.04
With labor & management	0.06	0.10	0.05	0.04
Total exp less govt & oth income	0.05	0.09	0.05	0.01

Est. labor hours per acre	1.73	2.24	1.71	1.76