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

Sugar Beets on Cash Rent , Joint venture

Avg. Of
All Farms Low 20% High 20%
Number of fields 48 6 20
Number of farms 30 6 6
Acres 187.28 207.18 129.92
Yield per acre (ton) 17.73 10.57 14.68
Operators share of yield % 100.00 100.00 100.00
Value per ton 30.32 29.41 30.74
Total product return per acre 537.55 310.88 451.37
Miscellaneous income per acre 144.89 264.98 329.53
Gross return per acre 682.44 575.87 780.90
Direct Expenses
Seed 39.64 41.63 38.76
Fertilizer 31.26 32.66 33.78
Crop chemicals 103.54 103.65 92.76
Crop insurance 15.02 22.95 11.07
Fuel & oil 25.40 24.90 21.42
Repairs 41.90 55.78 42.04
Custom hire 5.68 4.32 -
Hired labor 8.64 9.60 6.25
Land rent 71.38 68.10 69.59
Joint Venture 183.65 178.60 155.56
Operating interest 19.91 24.62 19.69
Miscellaneous 0.12 0.53 -
Total direct expenses per acre 546.14 567.34 490.90
Return over direct exp per acre 136.30 8.53 290.00
Overhead Expenses
Custom hire 15.04 9.35 9.49
Hired labor 13.34 20.80 16.13
Machinery & bldg leases 16.17 12.52 16.68
Farm insurance 3.73 4.22 2.31
Utilities 4.40 4.48 3.66
Dues & professional fees 3.19 3.70 3.35
Interest 17.68 10.80 19.57
Mach & bldg depreciation 25.66 39.50 15.49
Miscellaneous 7.31 12.75 3.60
Total overhead expenses per acre 106.52 118.11 90.29
Total dir & ovhd expenses per acr 652.66 685.45 581.20
Net return per acre 29.78 -109.58 199.71
Lbr & mgt charge per acre 50.48 53.06 55.08
Net return over lbr & mgt -20.70 -162.65 144.63
Government payments 27.67 27.65 29.94
Net return with govt payments 6.97 -135.00 174.57
Cost of Producton
Total direct expense per ton 30.81 53.68 33.43
Total dir & ovhd exp per ton 36.82 64.85 39.58
With labor & management 39.07 69.87 40.86
Total exp less govt & oth income 30.46 42.19 21.05
Est. labor hours per acre 4.76 5.50 4.54