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State-wide Reports for 2004


Crop Enterprise Analysis
Minnesota State Colleges and Universities Statewide Farm Business Management Database
(Farms Sorted By Return to Overhead)

Barley on Cash Rent

  Avg. Of          
  All Farms Low 20% 20 - 40% 40 - 60% 60 - 80% High 20%
 
Number of fields 45 12 7 11 8 7
Number of farms 35 7 7 7 7 7
 
Acres 104.66 70.92 74.39 93.17 158.91 148.80
Yield per acre (bu.) 70.57 34.26 67.49 82.25 67.52 93.99
Operators share of yield % 100.00 100.00 100.00 100.00 100.00 100.00
Value per bu. 2.52 2.32 1.75 2.18 2.83 2.88
Other product return per acre 0.01 0.05 - - - -
Total product return per acre 177.86 79.55 117.91 178.96 190.99 271.02
Miscellaneous income per acre 13.41 17.15 11.50 1.03 18.55 17.22
Gross return per acre 191.27 96.70 129.41 179.99 209.54 288.25
 
Direct Expenses
Seed 8.36 8.59 6.60 7.68 8.77 9.24
Fertilizer 27.00 34.98 29.27 22.27 23.69 28.03
Crop chemicals 17.04 9.40 14.57 24.06 15.42 19.57
Crop insurance 7.79 5.09 3.43 10.49 7.63 9.69
Drying fuel 0.59 - 1.26 0.83 0.76 0.28
Fuel & oil 9.27 10.42 6.71 10.03 9.83 8.16
Repairs 14.51 20.11 12.42 16.78 12.29 11.45
Custom hire 1.46 3.27 1.44 1.43 1.48 -
Hired labor 0.72 - 3.55 - - 1.48
Land rent 46.55 33.07 38.43 52.53 51.41 49.82
Operating interest 2.46 3.42 1.13 2.31 2.17 2.85
Miscellaneous 0.67 0.30 3.36 - 0.61 0.39
Total direct expenses per acre 136.41 128.65 122.14 148.41 134.06 140.96
Return over direct exp per acre 54.85 -31.95 7.27 31.58 75.48 147.28
 
Overhead Expenses
Custom hire 2.04 2.16 2.68 3.26 0.51 2.29
Hired labor 3.80 1.88 2.74 8.92 1.99 3.08
Machinery & bldg leases 1.01 0.85 1.27 0.78 0.95 1.32
Farm insurance 3.50 2.19 1.57 3.54 4.98 3.70
Utilities 2.20 2.12 1.18 1.92 2.59 2.59
Dues & professional fees 1.12 0.56 0.45 1.06 1.30 1.78
Interest 3.07 4.64 1.61 2.24 3.18 3.20
Mach & bldg depreciation 10.40 10.63 6.99 9.33 12.87 9.97
Miscellaneous 1.35 0.62 1.18 1.05 1.90 1.64
Total overhead expenses per acre 28.51 25.64 19.68 32.10 30.27 29.57
Total dir & ovhd expenses per acre 164.92 154.29 141.82 180.51 164.33 170.53
Net return per acre 26.35 -57.59 -12.41 -0.52 45.21 117.72
 
Lbr & mgt charge per acre 14.56 14.67 11.21 12.82 15.46 16.75
Net return over lbr & mgt 11.79 -72.26 -23.62 -13.35 29.75 100.97
Government payments 14.15 13.12 14.66 15.27 14.05 13.75
Net return with govt payments 25.94 -59.15 -8.97 1.93 43.80 114.72
 
Cost of Production
Total direct expense per bu. 1.93 3.75 1.81 1.80 1.99 1.50
Total dir & ovhd exp per bu. 2.34 4.50 2.10 2.19 2.43 1.81
With labor & management 2.54 4.93 2.27 2.35 2.66 1.99
Total exp less govt & oth income 2.15 4.05 1.88 2.15 2.18 1.66
 
Est. labor hours per acre 1.51 1.43 1.82 1.51 1.68 1.23


 

 

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