Owned Beet Stock
Crop Enterprise Analysis, 1999
Northland Community and Technical College Farm Business Mgt.
Moorhead
(Farms sorted by Net Return)
SUGAR BEETS ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
---------- --------- ----------
Number of fields 43 8 9
Number of farms 41 8 8
Acres 257.10 511.64 228.01
Yield per acre (ton) 18.89 17.31 21.69
Operators share of yield % 100.00 100.00 100.00
Value per ton 32.95 33.61 33.76
Total product return per acre 622.36 581.96 732.22
Miscellaneous income per acre 17.78 2.03 47.27
Gross return per acre 640.14 583.99 779.49
Direct expenses per acre
Seed 43.26 46.31 40.04
Fertilizer 25.45 21.81 28.29
Crop chemicals 115.65 121.12 122.73
Crop insurance 10.82 10.69 10.29
Fuel & oil 25.06 29.86 23.07
Repairs 56.59 73.31 42.74
Custom hire 12.90 14.35 11.68
Hired labor 20.21 23.78 24.64
Land rent 73.92 73.00 76.28
Machinery & bldg leases 0.68 0.94 0.00
Operating interest 21.54 32.43 11.73
Miscellaneous 0.53 0.11 0.93
Total direct expenses per acre 406.62 447.70 392.42
Return over direct expenses per acre 233.52 136.29 387.07
Overhead expenses per acre
Custom hire 6.79 6.22 2.98
Hired labor 37.15 64.17 30.73
Machinery & bldg leases 9.29 6.85 24.20
Farm insurance 4.79 6.95 3.07
Utilities 7.40 8.91 7.22
Dues & professional fees 4.06 4.14 3.05
Interest 30.30 41.13 17.11
Mach & bldg depreciation 34.62 32.54 23.65
Miscellaneous 11.62 12.00 10.88
Total overhead expenses per acre 146.02 182.91 122.89
Total listed expenses per acre 552.64 630.61 515.31
Net return per acre 87.50 -46.62 264.17
Total direct expense per ton 21.53 25.86 18.09
Total listed expense per ton 29.26 36.42 23.76
Net return per ton 4.63 -2.69 12.18
Breakeven yield per acre 16.23 18.70 13.86
Est. labor hours per acre 9.19 12.86 8.39
Net return including govt. payments 113.87 -25.85 298.52
Lbr & mgt charge per acre 58.70 56.05 63.93
Net return over lbr & mgt 55.17 -81.91 234.59