Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	8
Number of farms	5

Acres	145.73
Yield per acre (ton)	20.82
Operators share of yield %	72.81
Value per ton	30.94
Total product return per acre	468.09
Miscellaneous income per acre	15.71
Gross return per acre	483.79

Direct Expenses
Seed	36.91
Fertilizer	22.40
Crop chemicals	100.74
Crop insurance	18.26
Fuel & oil	29.28
Repairs	42.92
Custom hire	15.53
Hired labor	9.94
Marketing	3.23
Operating interest	18.62
Miscellaneous	0.29
Total direct expenses per acre	298.11
Return over direct exp per acre	185.68

Overhead Expenses
Custom hire	0.73
Hired labor	19.04
Machinery & bldg leases	31.46
Farm insurance	4.15
Utilities	7.22
Dues & professional fees	7.77
Interest	23.67
Mach & bldg depreciation	51.66
Miscellaneous	10.90
Total overhead expenses per acre	156.60
Total dir & ovhd expenses per acre	454.71
Net return per acre	29.09

Lbr & mgt charge per acre	63.16
Net return over lbr & mgt	-34.08
Government payments	23.81
Net return with govt payments	-10.27

Cost of Production
Total direct expense per ton	19.66
Total dir & ovhd exp per ton	29.99
With labor & management	34.16
Total exp less govt & oth income	31.56

Est. labor hours per acre	6.37