Crop Enterprise Analysis
Moorhead Farm Business Management
Northland Community and Technical College Farm Business Management
(Farms Sorted By Net return)

Wheat, Spring on Cash Rent

	Avg. Of
	All Farms	Low 20%	High 20%

Number of fields	78	13	25
Number of farms	65	13	13

Acres	445.45	355.44	291.97
Yield per acre (bushel)	47.83	41.05	47.86
Operators share of yield %	100.00	100.00	100.00
Value per bushel	3.78	3.68	3.86
Total product return per acre	180.57	151.20	184.85
Miscellaneous income per acre	8.69	8.74	21.21
Gross return per acre	189.26	159.93	206.06

Direct Expenses
Seed	9.37	8.58	8.67
Fertilizer	27.37	25.70	25.54
Crop chemicals	20.65	18.26	19.12
Crop insurance	7.08	9.23	6.47
Fuel & oil	6.21	7.07	5.54
Repairs	9.33	9.34	7.33
Custom hire	1.87	2.47	1.50
Land rent	64.74	69.48	59.31
Operating interest	3.58	6.93	2.34
Miscellaneous	0.51	0.29	0.12
Total direct expenses per acre	150.72	157.34	135.93
Return over direct exp per acre	38.54	2.59	70.14

Overhead Expenses
Custom hire	2.50	2.11	1.09
Hired labor	4.16	5.13	2.73
Machinery & bldg leases	2.90	2.32	1.46
Farm insurance	3.16	3.67	1.69
Utilities	1.45	2.19	1.30
Dues & professional fees	1.36	1.46	1.41
Interest	3.60	6.66	2.92
Mach & bldg depreciation	6.62	7.32	7.06
Miscellaneous	2.14	2.85	1.58
Total overhead expenses per acre	27.90	33.71	21.24
Total dir & ovhd expenses per acr	178.61	191.05	157.17
Net return per acre	10.65	-31.12	48.89

Lbr & mgt charge per acre	13.19	16.23	13.33
Net return over lbr & mgt	-2.54	-47.35	35.57
Government payments	30.39	30.25	31.19
Net return with govt payments	27.85	-17.10	66.76

Cost of Producton
Total direct expense per bushel	3.15	3.83	2.84
Total dir & ovhd exp per bushel	3.73	4.65	3.28
With labor & management	4.00	5.05	3.49
Total exp less govt & oth income	3.20	4.10	2.48

Est. labor hours per acre	1.26	1.67	1.06