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

Soybeans on Owned Land , Roundup Ready

Avg. Of
All Farms
Number of fields 15
Number of farms 15
Acres 229.06
Yield per acre (bushel) 30.39
Operators share of yield % 100.00
Value per bushel 5.07
Total product return per acre 154.07
Miscellaneous income per acre 18.33
Gross return per acre 172.40
Direct Expenses
Seed 31.52
Fertilizer 2.64
Crop chemicals 15.12
Crop insurance 8.69
Fuel & oil 5.72
Repairs 8.45
Custom hire 0.88
Operating interest 4.85
Miscellaneous 0.06
Total direct expenses per acre 77.93
Return over direct exp per acre 94.47
Overhead Expenses
Custom hire 1.14
Hired labor 6.52
Machinery & bldg leases 0.96
RE & pers. property taxes 9.75
Farm insurance 3.04
Utilities 2.13
Dues & professional fees 1.39
Interest 34.92
Mach & bldg depreciation 9.79
Miscellaneous 3.94
Total overhead expenses per acre 73.57
Total dir & ovhd expenses per acre 151.51
Net return per acre 20.89
Lbr & mgt charge per acre 13.69
Net return over lbr & mgt 7.21
Government payments 23.75
Net return with govt payments 30.96
Cost of Production
Total direct expense per bushel 2.56
Total dir & ovhd exp per bushel 4.99
With labor & management 5.44
Total exp less govt & oth income 4.05
Est. labor hours per acre 1.40