Farm Business Management -- Reports -- State-wide Minnesota 2003

	Avg. Of
	All Farms

Number of fields	12
Number of farms	10

Acres	156.01
Yield per acre (cwt.)	14.03
Operators share of yield %	100.00
Value per cwt.	10.19
Total product return per acre	142.96
Miscellaneous income per acre	12.24
Gross return per acre	155.20

Direct Expenses
Seed	22.06
Fertilizer	40.58
Crop chemicals	18.06
Crop insurance	7.44
Fuel & oil	9.96
Repairs	14.32
Custom hire	6.01
Land rent	26.28
Operating interest	1.69
Miscellaneous	0.37
Total direct expenses per acre	146.78
Return over direct exp per acre	8.42

Overhead Expenses
Custom hire	2.70
Hired labor	4.77
Machinery & bldg leases	0.69
Farm insurance	2.17
Utilities	2.23
Dues & professional fees	1.07
Interest	2.11
Mach & bldg depreciation	15.99
Miscellaneous	0.84
Total overhead expenses per acre	32.57
Total dir & ovhd expenses per acre	179.35
Net return per acre	-24.15

Lbr & mgt charge per acre	17.28
Net return over lbr & mgt	-41.43
Government payments	13.78
Net return with govt payments	-27.65

Cost of Production
Total direct expense per cwt.	10.46
Total dir & ovhd exp per cwt.	12.78
With labor & management	14.02
Total exp less govt & oth income	12.16

Est. labor hours per acre	1.67