Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	25
Number of farms	22

Acres	59.40
Yield per acre (ton)	6.50
Operators share of yield %	100.00
Value per ton	42.40
Total product return per acre	275.55
Miscellaneous income per acre	1.62
Gross return per acre	277.17

Direct Expenses
Seed	2.62
Fertilizer	35.14
Crop chemicals	24.20
Crop insurance	5.94
Fuel & oil	9.95
Repairs	23.57
Custom hire	3.49
Hired labor	0.51
Marketing	0.63
Operating interest	6.69
Miscellaneous	0.49
Total direct expenses per acre	113.21
Return over direct exp per acre	163.96

Overhead Expenses
Hired labor	18.38
Machinery & bldg leases	2.92
RE & pers. property taxes	11.84
Farm insurance	3.73
Utilities	3.77
Dues & professional fees	1.74
Interest	41.87
Mach & bldg depreciation	25.18
Miscellaneous	4.20
Total overhead expenses per acre	113.63
Total dir & ovhd expenses per acre	226.84
Net return per acre	50.33

Lbr & mgt charge per acre	26.19
Net return over lbr & mgt	24.13
Government payments	-
Net return with govt payments	24.13

Cost of Production
Total direct expense per ton	17.42
Total dir & ovhd exp per ton	34.90
With labor & management	38.93
Total exp less govt & oth income	38.68

Est. labor hours per acre	2.27