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

Sugar Beets on Cash Rent , Joint venture

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of fields 38 6 5 12
Number of farms 30 6 5 6
Acres 233.44 292.53 343.20 172.83
Yield per acre (ton) 17.02 15.00 16.28 17.92
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 34.70 32.93 34.20 34.72
Total product return per acre 590.66 493.83 556.83 621.97
Miscellaneous income per acre 25.13 42.46 33.96 39.26
Gross return per acre 615.79 536.29 590.79 661.23
Direct Expenses
Seed 37.70 32.63 45.95 35.36
Fertilizer 29.48 33.59 29.30 29.21
Crop chemicals 99.56 111.06 93.90 84.55
Crop insurance 13.49 15.90 11.53 13.59
Fuel & oil 25.86 24.30 19.73 30.65
Repairs 51.93 49.94 53.80 41.55
Custom hire 3.18 0.78 7.36 3.93
Hired labor 12.24 13.94 11.07 7.44
Land rent 68.62 61.70 74.25 68.07
Machinery & bldg leases 2.16 2.08 6.04 -
Marketing 140.41 149.26 146.19 124.81
Operating interest 14.72 19.43 7.44 13.77
Miscellaneous 0.20 - 0.31 -
Total direct expenses per acre 499.55 514.60 506.87 452.92
Return over direct exp per acre 116.24 21.69 83.92 208.31
Overhead Expenses
Custom hire 7.83 19.90 2.00 2.53
Hired labor 17.66 14.22 19.02 15.79
Machinery & bldg leases 12.80 19.74 10.79 7.27
Farm insurance 2.62 2.50 4.60 2.45
Utilities 3.93 4.21 1.86 5.30
Dues & professional fees 3.41 4.49 3.34 2.23
Interest 12.21 17.46 4.53 9.30
Mach & bldg depreciation 24.81 28.79 25.84 26.32
Miscellaneous 10.67 9.23 12.21 4.34
Total overhead expenses per acre 95.95 120.54 84.20 75.55
Total dir & ovhd expenses per acre 595.50 635.15 591.07 528.47
Net return per acre 20.30 -98.86 -0.28 132.76
Lbr & mgt charge per acre 53.78 45.65 50.52 58.00
Net return over lbr & mgt -33.48 -144.51 -50.80 74.75
Government payments 21.99 29.80 20.46 14.66
Net return with govt payments -11.49 -114.71 -30.34 89.42
Cost of Production
Total direct expense per ton 29.35 34.31 31.13 25.28
Total dir & ovhd exp per ton 34.98 42.35 36.30 29.50
With labor & management 38.14 45.39 39.40 32.74
Total exp less govt & oth income 35.37 40.58 36.06 29.73
Est. labor hours per acre 4.95 4.20 4.53 5.19