Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	7
Number of farms	5

Acres	46.50
Yield per acre (bushel)	40.34
Operators share of yield %	100.00
Value per bushel	1.46
Other product return per acre	19.44
Total product return per acre	78.20
Miscellaneous income per acre	42.24
Gross return per acre	120.44

Direct Expenses
Seed	0.72
Fertilizer	11.61
Crop insurance	0.46
Fuel & oil	7.51
Repairs	12.41
Custom hire	0.87
Machinery & bldg leases	0.23
Operating interest	0.11
Miscellaneous	10.30
Total direct expenses per acre	44.23
Return over direct exp per acre	76.21

Overhead Expenses
Hired labor	5.23
RE & pers. property taxes	2.30
Farm insurance	1.79
Utilities	1.04
Interest	19.62
Mach & bldg depreciation	19.28
Miscellaneous	2.46
Total overhead expenses per acre	51.73
Total dir & ovhd expenses per acre	95.95
Net return per acre	24.48

Lbr & mgt charge per acre	15.53
Net return over lbr & mgt	8.95
Government payments	19.92
Net return with govt payments	28.87

Cost of Production
Total direct expense per bushel	1.10
Total dir & ovhd exp per bushel	2.38
With labor & management	2.76
Total exp less govt & oth income	0.74

Est. labor hours per acre	2.99