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 Excluding Joint venture

Avg. Of
All Farms Low 20% High 20%
Number of fields 43 8 10
Number of farms 40 8 8
Acres 164.58 127.88 105.02
Yield per acre (ton) 17.14 16.40 11.77
Operators share of yield % 100.00 100.00 100.00
Value per ton 29.82 29.38 29.33
Total product return per acre 510.99 481.70 345.27
Miscellaneous income per acre 164.63 72.92 474.20
Gross return per acre 675.63 554.62 819.46
Direct Expenses
Seed 39.01 40.23 36.24
Fertilizer 27.90 30.67 29.78
Crop chemicals 108.56 108.72 95.85
Crop insurance 13.76 18.15 12.67
Fuel & oil 29.68 28.13 27.73
Repairs 48.18 71.51 33.54
Custom hire 10.57 7.62 12.76
Hired labor 12.73 7.90 3.20
Land rent 73.78 64.22 73.88
Operating interest 16.62 22.28 14.34
Miscellaneous 0.96 0.78 0.16
Total direct expenses per acre 381.76 400.21 340.14
Return over direct exp per acre 293.87 154.41 479.32
Overhead Expenses
Custom hire 10.25 10.60 19.16
Hired labor 23.33 16.86 19.87
Machinery & bldg leases 14.25 32.14 6.83
Farm insurance 4.22 2.85 2.62
Utilities 5.95 7.97 3.27
Dues & professional fees 6.15 6.31 5.51
Interest 26.37 43.77 19.87
Mach & bldg depreciation 35.49 48.67 34.24
Miscellaneous 8.67 9.37 4.65
Total overhead expenses per acre 134.66 178.55 116.03
Total dir & ovhd expenses per acr 516.42 578.76 456.17
Net return per acre 159.21 -24.14 363.29
Lbr & mgt charge per acre 65.26 59.85 66.71
Net return over lbr & mgt 93.95 -83.99 296.58
Government payments 31.91 28.24 33.74
Net return with govt payments 125.86 -55.74 330.32
Cost of Producton
Total direct expense per ton 22.28 24.41 28.89
Total dir & ovhd exp per ton 30.14 35.30 38.75
With labor & management 32.60 38.95 31.24
Total exp less govt & oth income 23.91 32.78 15.37
Est. labor hours per acre 6.54 5.54 5.42