Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	20
Number of farms	15

Acres	91.00
Yield per acre (cwt)	14.98
Operators share of yield %	100.00
Value per cwt	9.96
Total product return per acre	149.22
Miscellaneous income per acre	15.80
Gross return per acre	165.01

Direct Expenses
Seed	15.74
Fertilizer	17.43
Crop chemicals	10.63
Crop insurance	6.69
Drying fuel	0.47
Fuel & oil	11.22
Repairs	17.06
Custom hire	3.21
Operating interest	3.21
Miscellaneous	0.08
Total direct expenses per acre	85.74
Return over direct exp per acre	79.28

Overhead Expenses
Custom hire	1.39
Hired labor	5.03
Machinery & bldg leases	1.84
RE & pers. property taxes	6.45
Farm insurance	3.34
Utilities	2.57
Dues & professional fees	1.06
Interest	23.62
Mach & bldg depreciation	13.96
Miscellaneous	1.89
Total overhead expenses per acre	61.14
Total dir & ovhd expenses per acre	146.88
Net return per acre	18.13

Lbr & mgt charge per acre	16.94
Net return over lbr & mgt	1.19
Government payments	33.93
Net return with govt payments	35.12

Cost of Production
Total direct expense per cwt	5.72
Total dir & ovhd exp per cwt	9.80
With labor & management	10.94
Total exp less govt & oth income	7.62

Est. labor hours per acre	2.06