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

	Avg. Of
	All Farms

Number of fields	33
Number of farms	20

Acres	139.20
Yield per acre	-
Operators share of yield %	-
Value per unit	-
Total product return per acre	-
Miscellaneous income per acre	79.99
Gross return per acre	79.99

Direct Expenses
Seed	0.46
Fertilizer	4.34
Crop chemicals	3.85
Crop insurance	10.03
Fuel & oil	6.73
Repairs	9.75
Custom hire	0.08
Machinery & bldg leases	0.44
Operating interest	2.95
Miscellaneous	0.02
Total direct expenses per acre	38.65
Return over direct exp per acre	41.35

Overhead Expenses
Custom hire	3.39
Hired labor	3.92
Machinery & bldg leases	1.16
RE & pers. property taxes	3.79
Farm insurance	3.59
Utilities	1.80
Dues & professional fees	1.02
Interest	11.05
Mach & bldg depreciation	9.07
Miscellaneous	1.19
Total overhead expenses per acre	39.98
Total dir & ovhd expenses per acre	78.63
Net return per acre	1.36

Lbr & mgt charge per acre	12.53
Net return over lbr & mgt	-11.17
Government payments	13.02
Net return with govt payments	1.85

Cost of Production
Total direct expense per unit	-
Total dir & ovhd exp per unit	-
With labor & management	-
Total exp less govt & oth income	-

Est. labor hours per acre	1.24