Operator and Labor Information
Moorhead Farm Business Management
Northland Community and Technical College Farm Business Management
(Farms Sorted By Net Farm Income)
| Avg. Of | |||
| All Farms | Low 20% | High 20% | |
| Number of farms | 72 | 14 | 15 |
| Operator Information | |||
| Average number of operators | 1.1 | 1.0 | 1.1 |
| Average age of operators | 43.0 | 45.1 | 44.1 |
| Average number of years farming | 21.4 | 23.1 | 22.7 |
| Results Per Operator | |||
| Working capital | 92,583 | 26,625 | 197,529 |
| Total assets (market) | 1,235,653 | 721,771 | 1,800,384 |
| Total liabilities | 772,188 | 415,809 | 1,065,019 |
| Net worth (market) | 463,465 | 305,961 | 735,365 |
| Net worth excl deferred liabs | 601,214 | 366,277 | 943,895 |
| Gross farm income | 496,071 | 221,479 | 713,095 |
| Total farm expense | 392,231 | 206,954 | 492,045 |
| Net farm income | 103,840 | 14,525 | 221,051 |
| Net nonfarm income | 12,437 | 10,222 | 3,797 |
| Family living withdrawals | 46,418 | 27,379 | 61,310 |
| Total acres owned | 320.0 | 250.8 | 438.3 |
| Total crops acres | 1,529.4 | 924.4 | 1,975.0 |
| Crop acres owned | 284.8 | 251.0 | 393.3 |
| Crop acres cash rented | 1,197.7 | 577.9 | 1,572.8 |
| Crop acres share rented | 46.9 | 95.5 | 9.0 |
| Total pasture acres | - | - | - |
| Labor Analysis | |||
| Number of farms | 72 | 14 | 15 |
| Total unpaid labor hours | 2,063 | 1,786 | 2,400 |
| Total hired labor hours | 1,487 | 455 | 2,880 |
| Total labor hours per farm | 3,549 | 2,241 | 5,280 |
| Unpaid hours per operator | 1,904 | 1,786 | 2,118 |
| Value of farm production / hour | 151.38 | 98.76 | 153.05 |
| Net farm income / unpaid hour | 54.54 | 8.13 | 104.39 |
| Partnerships | |||
| Number of farms | 5 | ||
| Number of operators | 2.2 | - | - |
| Owner withdrawals per farm | 95,103.2 | - | - |
| Withdrawals per operator | 43,228.7 | - | - |