Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	24
Number of farms	21

Acres	211.72
Yield per acre (cwt)	15.33
Operators share of yield %	100.00
Value per cwt	13.87
Total product return per acre	212.67
Miscellaneous income per acre	3.47
Gross return per acre	216.15

Direct Expenses
Seed	21.45
Fertilizer	16.21
Crop chemicals	14.62
Crop insurance	7.32
Drying fuel	0.26
Fuel & oil	9.23
Repairs	13.25
Custom hire	4.38
Hired labor	0.20
Land rent	52.12
Machinery & bldg leases	0.21
Utilities	0.49
Operating interest	4.34
Miscellaneous	0.48
Total direct expenses per acre	144.57
Return over direct exp per acre	71.57

Overhead Expenses
Custom hire	1.53
Hired labor	7.93
Machinery & bldg leases	1.98
Farm insurance	2.73
Utilities	1.74
Dues & professional fees	1.62
Interest	4.36
Mach & bldg depreciation	9.86
Miscellaneous	2.55
Total overhead expenses per acre	34.31
Total dir & ovhd expenses per acre	178.88
Net return per acre	37.27

Lbr & mgt charge per acre	17.82
Net return over lbr & mgt	19.45
Government payments	33.69
Net return with govt payments	53.14

Cost of Production
Total direct expense per cwt	9.43
Total dir & ovhd exp per cwt	11.67
With labor & management	12.83
Total exp less govt & oth income	10.40

Est. labor hours per acre	1.98