Operator and Labor Information
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of farms 73 14 14 15
Operator Information
Average number of operators 1.2 1.0 1.1 1.6
Average age of operators 43.9 48.0 37.3 47.3
Average number of years farming 21.7 23.9 14.2 25.5
Results Per Operator
Working capital 79,388 -16,897 93,340 129,679
Total assets (market) 1,294,085 819,046 852,679 1,802,916
Total liabilities 760,256 514,334 460,179 1,087,554
Net worth (market) 533,830 304,712 392,500 715,362
Net worth excl deferred liabs 674,062 361,694 483,529 951,174
Gross farm income 462,802 250,525 375,871 642,852
Total farm expense 378,247 248,467 312,969 491,914
Net farm income 84,555 2,058 62,902 150,938
Net nonfarm income 12,363 24,274 13,815 7,389
Family living withdrawals 46,152 35,735 38,393 54,200
Total acres owned 319.3 295.6 110.1 392.3
Total crop acres 1,457.4 1,144.3 1,310.2 1,683.2
Crop acres owned 277.7 247.1 98.5 354.7
Crop acres cash rented 1,144.5 782.5 1,211.8 1,313.6
Crop acres share rented 35.1 114.8 - 14.9
Total pasture acres - - - -
Labor Analysis
Number of farms 73 14 14 15
Total unpaid labor hours 2,153 1,514 2,214 3,067
Total hired labor hours 1,728 587 1,131 3,743
Total labor hours per farm 3,881 2,102 3,346 6,810
Unpaid hours per operator 1,871 1,514 1,938 1,917
Value of farm production / hour 137.20 119.11 128.40 151.05
Net farm income / unpaid hour 45.18 1.36 32.47 78.75
Partnerships
Number of farms 6 - 2 4
Number of operators 2.2 - - -
Owner withdrawals per farm 105,541 - - -
Withdrawals per operator 48,711 - - -