Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	5
Number of farms	5

Acres	167.80
Yield per acre (bushel)	27.88
Operators share of yield %	100.00
Value per bushel	7.36
Total product return per acre	205.28
Miscellaneous income per acre	6.72
Gross return per acre	212.00

Direct Expenses
Fertilizer	3.78
Crop chemicals	16.96
Crop insurance	10.65
Fuel & oil	6.53
Repairs	10.86
Custom hire	0.66
Land rent	68.36
Machinery & bldg leases	0.17
Operating interest	3.39
Miscellaneous	1.26
Total direct expenses per acre	122.63
Return over direct exp per acre	89.37

Overhead Expenses
Custom hire	1.31
Hired labor	4.40
Machinery & bldg leases	1.16
Farm insurance	3.21
Utilities	1.01
Dues & professional fees	0.79
Interest	2.50
Mach & bldg depreciation	7.54
Miscellaneous	2.04
Total overhead expenses per acre	23.95
Total dir & ovhd expenses per acre	146.57
Net return per acre	65.43

Lbr & mgt charge per acre	16.99
Net return over lbr & mgt	48.44
Government payments	40.01
Net return with govt payments	88.45

Cost of Production
Total direct expense per bushel	4.40
Total dir & ovhd exp per bushel	5.26
With labor & management	5.87
Total exp less govt & oth income	4.19

Est. labor hours per acre	1.85