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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)

CRP on Owned Land

  Avg. Of          
  All Farms Low 20% 20 - 40% 40 - 60% 60 - 80% High 20%
 
Number of fields 185 43 35 36 35 36
Number of farms 172 34 34 35 34 35
 
Acres 61.73 94.96 113.45 61.00 22.01 11.13
Yield per acre ($) 57.15 37.97 52.69 72.75 94.62 139.35
Operators share of yield % 100.00 100.00 100.00 100.00 100.00 100.00
Value per $ 1.00 1.00 1.00 1.00 1.00 1.00
Total product return per acre 57.15 37.97 52.69 72.75 94.62 139.35
Miscellaneous income per acre 0.38 0.06 0.40 - 1.71 3.04
Gross return per acre 57.53 38.03 53.09 72.75 96.33 142.38
 
Direct Expenses
Seed 0.38 0.37 - 0.21 0.65 4.53
Crop chemicals 0.21 0.06 0.23 0.18 1.10 -
Fuel & oil 2.20 2.30 1.88 2.31 2.57 2.91
Repairs 3.98 4.37 2.78 4.90 4.93 5.02
Operating interest 0.62 0.63 0.42 0.75 0.86 1.27
Miscellaneous 0.17 0.15 0.17 - 0.47 0.80
Total direct expenses per acre 7.55 7.87 5.47 8.35 10.58 14.53
Return over direct exp per acre 49.99 30.16 47.61 64.40 85.75 127.86
 
Overhead Expenses
Custom hire 0.41 0.54 0.42 0.22 0.03 0.89
Hired labor 0.65 0.65 0.46 0.75 1.28 0.82
Machinery & bldg leases 0.57 1.09 0.22 0.25 0.28 0.89
RE & pers. property taxes 5.84 4.48 5.27 7.02 8.46 13.76
Farm insurance 2.52 2.37 3.33 1.94 1.38 1.42
Utilities 0.63 0.69 0.53 0.56 0.71 1.12
Dues & professional fees 0.42 0.21 0.80 0.23 0.23 0.23
Interest 16.74 17.68 15.17 11.31 25.34 36.00
Mach & bldg depreciation 3.07 2.39 2.09 5.01 4.79 5.89
Miscellaneous 0.59 0.63 0.21 0.62 2.01 1.10
Total overhead expenses per acre 31.44 30.73 28.50 27.92 44.52 62.11
Total dir & ovhd expenses per acre 38.99 38.60 33.97 36.27 55.10 76.64
Net return per acre 18.54 -0.57 19.12 36.48 41.23 65.74
 
Lbr & mgt charge per acre 4.48 3.82 3.51 6.25 6.14 7.87
Net return over lbr & mgt 14.06 -4.40 15.61 30.23 35.10 57.88
Government payments - - - - - -
Net return with govt payments 14.06 -4.40 15.61 30.23 35.10 57.88
 
Cost of Production
Total direct expense per $ 0.13 0.21 0.10 0.11 0.11 0.10
Total dir & ovhd exp per $ 0.68 1.02 0.64 0.50 0.58 0.55
With labor & management 0.76 1.12 0.71 0.58 0.65 0.61
Total exp less govt & oth income 0.75 1.12 0.70 0.58 0.63 0.58
 
Est. labor hours per acre 0.41 0.37 0.34 0.53 0.53 0.72


 

 

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