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

	Avg. Of
	All Farms

Number of fields	8
Number of farms	8

Acres	15.32
Yield per acre (ton)	2.95
Operators share of yield %	100.00
Value per ton	53.76
Total product return per acre	158.79
Miscellaneous income per acre	-
Gross return per acre	158.79

Direct Expenses
Fertilizer	8.46
Fuel & oil	4.28
Repairs	6.67
Custom hire	24.31
Hired labor	0.29
Operating interest	1.69
Miscellaneous	0.29
Total direct expenses per acre	45.99
Return over direct exp per acre	112.80

Overhead Expenses
Hired labor	1.90
Machinery & bldg leases	0.64
RE & pers. property taxes	6.92
Farm insurance	1.04
Utilities	0.80
Dues & professional fees	0.06
Interest	4.81
Mach & bldg depreciation	6.39
Miscellaneous	1.47
Total overhead expenses per acre	24.03
Total dir & ovhd expenses per acre	70.01
Net return per acre	88.77

Lbr & mgt charge per acre	7.37
Net return over lbr & mgt	81.40
Government payments	4.90
Net return with govt payments	86.30

Cost of Production
Total direct expense per ton	15.57
Total dir & ovhd exp per ton	23.71
With labor & management	26.20
Total exp less govt & oth income	24.54

Est. labor hours per acre	1.06