FBM LogoFarm Business Managementwww.mgt.org

HomeInstructorsReportsLinks

State-wide Reports for 2004


Crop Enterprise Analysis
Minnesota State Colleges and Universities Statewide Farm Business Management Database
(Farms Sorted By Return to Overhead)

Oats on Owned Land

  Avg. Of          
  All Farms Low 20% 20 - 40% 40 - 60% 60 - 80% High 20%
 
Number of fields 75 15 15 15 15 15
Number of farms 75 15 15 15 15 15
 
Acres 28.82 27.95 37.61 32.45 26.60 19.51
Yield per acre (bu.) 79.57 50.16 85.19 77.15 98.96 88.43
Operators share of yield % 100.00 100.00 100.00 100.00 100.00 100.00
Value per bu. 1.42 1.35 1.41 1.41 1.48 1.43
Other product return per acre 3.99 - 2.52 0.64 14.63 3.61
Total product return per acre 116.96 67.60 122.63 109.16 160.80 129.92
Miscellaneous income per acre 37.05 18.98 5.81 24.61 32.64 149.87
Gross return per acre 154.01 86.57 128.45 133.77 193.44 279.79
 
Direct Expenses
Seed 8.42 8.79 6.42 8.62 9.47 10.01
Fertilizer 15.45 21.35 17.18 14.82 15.91 4.09
Crop chemicals 4.85 2.69 9.35 3.32 3.66 3.42
Crop insurance 2.55 2.09 3.95 1.07 4.35 0.47
Fuel & oil 10.30 10.43 10.32 10.23 9.61 11.10
Repairs 14.26 15.78 15.58 9.51 15.34 16.01
Custom hire 3.83 3.20 6.02 3.75 1.01 4.47
Hired labor 0.46 2.36 - - - -
Utilities 0.11 0.55 - - - -
Operating interest 1.62 1.11 2.02 1.39 2.01 1.44
Miscellaneous 1.30 3.37 0.52 0.84 0.55 1.64
Total direct expenses per acre 63.15 71.72 71.37 53.56 61.90 52.66
Return over direct exp per acre 90.87 14.85 57.08 80.22 131.54 227.13
 
Overhead Expenses
Custom hire 1.16 1.54 1.43 0.60 1.16 1.06
Hired labor 3.64 6.20 2.92 1.94 3.57 4.26
Machinery & bldg leases 1.66 2.08 0.72 0.68 1.58 4.58
RE & pers. property taxes 6.57 5.24 5.53 4.96 8.95 9.89
Farm insurance 2.32 2.39 2.03 2.15 2.57 2.69
Utilities 1.73 1.98 2.19 1.40 1.28 1.68
Dues & professional fees 0.38 0.15 0.47 0.23 0.51 0.60
Interest 18.75 21.64 17.05 14.19 22.85 19.93
Mach & bldg depreciation 12.36 11.61 12.60 11.85 10.61 16.24
Miscellaneous 1.88 2.70 1.42 1.28 2.39 1.89
Total overhead expenses per acre 50.45 55.52 46.36 39.27 55.48 62.82
Total dir & ovhd expenses per acre 113.60 127.24 117.73 92.82 117.38 115.48
Net return per acre 40.42 -40.67 10.72 40.95 76.06 164.31
 
Lbr & mgt charge per acre 16.15 15.69 16.15 17.64 14.17 17.05
Net return over lbr & mgt 24.26 -56.36 -5.44 23.31 61.89 147.26
Government payments 10.39 8.52 9.57 8.51 12.69 14.66
Net return with govt payments 34.66 -47.84 4.14 31.82 74.58 161.92
 
Cost of Production
Total direct expense per bu. 0.79 1.43 0.84 0.69 0.63 0.60
Total dir & ovhd exp per bu. 1.43 2.54 1.38 1.20 1.19 1.31
With labor & management 1.63 2.85 1.57 1.43 1.33 1.50
Total exp less govt & oth income 0.98 2.30 1.36 0.99 0.72 -0.40
 
Est. labor hours per acre 2.02 2.25 1.88 1.78 1.86 2.60


 

 

[ HOME | CURRICULUM | INSTRUCTORS | REPORTS | LINKS ]