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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 Owned Land

  Avg. Of          
  All Farms Low 20% 20 - 40% 40 - 60% 60 - 80% High 20%
 
Number of fields 28 5 6 5 6 6
Number of farms 28 5 6 5 6 6
 
Acres 50.71 24.70 64.73 37.40 74.50 45.68
Yield per acre (bu.) 70.18 28.79 59.49 52.60 82.08 96.54
Operators share of yield % 100.00 100.00 100.00 100.00 100.00 100.00
Value per bu. 2.43 1.82 1.99 1.73 2.76 2.70
Total product return per acre 170.60 52.31 118.17 91.08 226.68 260.96
Miscellaneous income per acre 22.94 31.53 10.41 51.18 7.94 42.01
Gross return per acre 193.53 83.84 128.59 142.26 234.62 302.97
 
Direct Expenses
Seed 9.12 6.17 8.29 8.26 9.70 11.26
Fertilizer 24.53 28.93 29.42 15.89 25.86 19.34
Crop chemicals 13.07 7.90 13.00 9.41 16.02 13.19
Crop insurance 5.47 3.21 8.06 1.16 5.97 4.95
Drying fuel 1.47 1.01 2.20 - 2.49 -
Fuel & oil 10.47 10.58 12.07 11.32 10.00 8.34
Repairs 16.17 16.94 16.59 20.60 15.27 13.69
Custom hire 3.01 2.07 4.38 1.26 4.66 -
Hired labor 0.46 - - 3.50 - -
Operating interest 3.29 3.47 5.01 5.16 1.71 2.07
Miscellaneous 0.28 0.38 0.31 0.70 0.17 0.11
Total direct expenses per acre 87.35 80.65 99.32 77.27 91.85 72.94
Return over direct exp per acre 106.19 3.19 29.26 64.99 142.78 230.03
 
Overhead Expenses
Custom hire 1.75 1.96 1.27 0.92 1.12 3.93
Hired labor 4.50 3.78 4.55 11.47 2.51 3.23
Machinery & bldg leases 1.24 0.92 0.22 0.12 0.60 4.65
RE & pers. property taxes 6.40 2.12 6.74 4.76 5.23 10.89
Farm insurance 3.05 2.17 2.74 3.12 2.65 4.48
Utilities 2.88 3.00 2.65 2.50 3.97 1.63
Dues & professional fees 1.22 0.36 0.70 0.68 1.55 2.15
Interest 20.29 12.98 18.72 16.54 23.87 22.52
Mach & bldg depreciation 11.66 7.90 9.49 14.61 10.87 15.72
Miscellaneous 2.05 1.64 1.89 1.36 2.22 2.66
Total overhead expenses per acre 55.04 36.85 48.97 56.08 54.60 71.85
Total dir & ovhd expenses per acre 142.39 117.50 148.30 133.34 146.45 144.79
Net return per acre 51.15 -33.66 -19.71 8.91 88.18 158.18
 
Lbr & mgt charge per acre 17.55 15.65 14.28 27.86 17.23 16.52
Net return over lbr & mgt 33.60 -49.31 -33.99 -18.95 70.95 141.66
Government payments 14.54 8.39 12.73 20.97 15.80 13.44
Net return with govt payments 48.14 -40.93 -21.26 2.03 86.75 155.10
 
Cost of Production
Total direct expense per bu. 1.24 2.80 1.67 1.47 1.12 0.76
Total dir & ovhd exp per bu. 2.03 4.08 2.49 2.54 1.78 1.50
With labor & management 2.28 4.62 2.73 3.06 1.99 1.67
Total exp less govt & oth income 1.74 3.24 2.34 1.69 1.70 1.10
 
Est. labor hours per acre 1.92 2.13 1.61 4.27 1.57 1.24


 

 

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