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

Soybeans on Owned Land Excluding Roundup Ready

Avg. Of
All Farms
Number of fields 15
Number of farms 15
Acres 132.67
Yield per acre (bushel) 35.95
Operators share of yield % 100.00
Value per bushel 5.24
Total product return per acre 188.25
Miscellaneous income per acre 9.36
Gross return per acre 197.61
Direct Expenses
Seed 8.61
Fertilizer 2.08
Crop chemicals 22.58
Crop insurance 8.38
Fuel & oil 6.47
Repairs 13.03
Custom hire 3.70
Hired labor 0.97
Operating interest 2.41
Miscellaneous 0.34
Total direct expenses per acre 68.59
Return over direct exp per acre 129.02
Overhead Expenses
Custom hire 0.89
Hired labor 4.29
Machinery & bldg leases 1.60
RE & pers. property taxes 12.41
Farm insurance 4.10
Utilities 2.65
Dues & professional fees 2.56
Interest 28.22
Mach & bldg depreciation 8.34
Miscellaneous 5.69
Total overhead expenses per acre 70.76
Total dir & ovhd expenses per acre 139.35
Net return per acre 58.26
Lbr & mgt charge per acre 17.71
Net return over lbr & mgt 40.55
Government payments 23.41
Net return with govt payments 63.96
Cost of Production
Total direct expense per bushel 1.91
Total dir & ovhd exp per bushel 3.88
With labor & management 4.37
Total exp less govt & oth income 3.46
Est. labor hours per acre 1.71