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

Soybeans on Share Rent

Avg. Of
All Farms
Number of fields 7
Number of farms 7
Acres 177.86
Yield per acre (bushel) 34.29
Operators share of yield % 65.83
Value per bushel 5.02
Total product return per acre 112.99
Miscellaneous income per acre 11.65
Gross return per acre 124.63
Direct Expenses
Seed 18.87
Crop chemicals 16.37
Crop insurance 5.33
Fuel & oil 7.46
Repairs 12.97
Custom hire 0.40
Machinery & bldg leases 0.98
Operating interest 5.66
Miscellaneous 0.37
Total direct expenses per acre 68.41
Return over direct exp per acre 56.23
Overhead Expenses
Hired labor 3.74
Machinery & bldg leases 3.13
Farm insurance 2.70
Utilities 1.90
Dues & professional fees 1.86
Interest 6.20
Mach & bldg depreciation 8.52
Miscellaneous 3.58
Total overhead expenses per acre 31.63
Total dir & ovhd expenses per acre 100.04
Net return per acre 24.60
Lbr & mgt charge per acre 18.11
Net return over lbr & mgt 6.49
Government payments 16.53
Net return with govt payments 23.02
Cost of Production
Total direct expense per bushel 3.03
Total dir & ovhd exp per bushel 4.43
With labor & management 5.23
Total exp less govt & oth income 3.99
Est. labor hours per acre 1.82