Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of fields	8
Number of farms	8

Acres	69.39
Yield per acre (bushel)	48.38
Operators share of yield %	100.00
Value per bushel	3.14
Total product return per acre	152.07
Miscellaneous income per acre	8.43
Gross return per acre	160.50

Direct Expenses
Seed	8.59
Fertilizer	21.16
Crop chemicals	11.05
Crop insurance	4.67
Drying fuel	0.76
Fuel & oil	8.37
Repairs	13.50
Custom hire	4.41
Hired labor	0.64
Land rent	36.22
Utilities	0.04
Marketing	0.89
Operating interest	5.85
Miscellaneous	0.21
Total direct expenses per acre	116.35
Return over direct exp per acre	44.15

Overhead Expenses
Custom hire	1.14
Hired labor	4.93
Machinery & bldg leases	1.72
Farm insurance	1.56
Utilities	1.90
Dues & professional fees	0.48
Interest	6.45
Mach & bldg depreciation	7.95
Miscellaneous	2.08
Total overhead expenses per acre	28.21
Total dir & ovhd expenses per acre	144.56
Net return per acre	15.93

Lbr & mgt charge per acre	16.03
Net return over lbr & mgt	-0.09
Government payments	33.89
Net return with govt payments	33.80

Cost of Production
Total direct expense per bushel	2.40
Total dir & ovhd exp per bushel	2.99
With labor & management	3.32
Total exp less govt & oth income	2.44

Est. labor hours per acre	1.67