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

	Avg. Of
	All Farms

Number of fields	7
Number of farms	6

Acres	18.86
Yield per acre (ton)	2.68
Operators share of yield %	100.00
Value per ton	50.00
Total product return per acre	134.07
Miscellaneous income per acre	-
Gross return per acre	134.07

Direct Expenses
Fertilizer	22.08
Fuel & oil	4.73
Repairs	3.01
Land rent	5.97
Operating interest	1.81
Total direct expenses per acre	37.60
Return over direct exp per acre	96.47

Overhead Expenses
Hired labor	3.06
Machinery & bldg leases	1.51
Farm insurance	0.83
Utilities	0.60
Interest	0.78
Mach & bldg depreciation	3.89
Miscellaneous	2.10
Total overhead expenses per acre	12.76
Total dir & ovhd expenses per acre	50.36
Net return per acre	83.71

Lbr & mgt charge per acre	8.05
Net return over lbr & mgt	75.66
Government payments	5.70
Net return with govt payments	81.36

Cost of Production
Total direct expense per ton	14.02
Total dir & ovhd exp per ton	18.78
With labor & management	21.78
Total exp less govt & oth income	19.66

Est. labor hours per acre	0.77