Crop Enterprise Analysis 
Farm Business Management - Moorhead 
Northland Community and Technical College 
(Farms Sorted By Net Return) 
Wheat, Spring on Owned Land 
| Avg. Of | ||||
| All Farms | Low 20% | 40 - 60% | High 20% | |
| Number of fields | 45 | 8 | 8 | 8 | 
| Number of farms | 42 | 8 | 8 | 8 | 
| Acres | 263.74 | 269.02 | 439.50 | 256.88 | 
| Yield per acre (bushel) | 51.78 | 45.24 | 54.45 | 52.67 | 
| Operators share of yield % | 100.00 | 100.00 | 100.00 | 100.00 | 
| Value per bushel | 3.21 | 3.14 | 3.13 | 3.25 | 
| Total product return per acre | 166.26 | 142.26 | 170.23 | 171.33 | 
| Miscellaneous income per acre | 2.43 | 5.12 | 0.31 | 4.20 | 
| Gross return per acre | 168.68 | 147.38 | 170.55 | 175.53 | 
| Direct Expenses | ||||
| Seed | 9.78 | 8.81 | 8.90 | 8.93 | 
| Fertilizer | 28.81 | 29.89 | 31.50 | 28.90 | 
| Crop chemicals | 19.11 | 20.64 | 17.69 | 15.15 | 
| Crop insurance | 7.18 | 7.85 | 6.00 | 5.45 | 
| Fuel & oil | 6.97 | 7.48 | 7.85 | 6.49 | 
| Repairs | 11.41 | 13.77 | 7.86 | 10.50 | 
| Custom hire | 1.47 | 1.14 | 0.27 | 2.35 | 
| Operating interest | 4.00 | 5.30 | 3.06 | 2.70 | 
| Miscellaneous | 0.46 | - | 0.73 | 0.12 | 
| Total direct expenses per acre | 89.19 | 94.87 | 83.87 | 80.59 | 
| Return over direct exp per acre | 79.49 | 52.51 | 86.68 | 94.95 | 
| Overhead Expenses | ||||
| Custom hire | 1.16 | 2.79 | 1.62 | 0.25 | 
| Hired labor | 4.70 | 6.18 | 4.52 | 4.28 | 
| Machinery & bldg leases | 1.81 | 3.29 | 2.09 | 0.89 | 
| RE & pers. property taxes | 12.78 | 10.75 | 14.82 | 10.09 | 
| Farm insurance | 3.62 | 3.27 | 3.68 | 2.39 | 
| Utilities | 2.26 | 2.08 | 1.73 | 2.06 | 
| Dues & professional fees | 1.81 | 1.49 | 1.70 | 2.96 | 
| Interest | 37.09 | 56.13 | 40.87 | 16.47 | 
| Mach & bldg depreciation | 7.93 | 5.76 | 8.04 | 6.85 | 
| Miscellaneous | 3.22 | 2.69 | 1.03 | 1.79 | 
| Total overhead expenses per acre | 76.39 | 94.45 | 80.09 | 48.04 | 
| Total dir & ovhd expenses per acre | 165.58 | 189.32 | 163.96 | 128.62 | 
| Net return per acre | 3.10 | -41.94 | 6.59 | 46.91 | 
| Lbr & mgt charge per acre | 13.78 | 10.90 | 12.27 | 15.31 | 
| Net return over lbr & mgt | -10.67 | -52.84 | -5.68 | 31.60 | 
| Government payments | 24.31 | 26.55 | 23.06 | 24.75 | 
| Net return with govt payments | 13.63 | -26.29 | 17.38 | 56.35 | 
| Cost of Production | ||||
| Total direct expense per bushel | 1.72 | 2.10 | 1.54 | 1.53 | 
| Total dir & ovhd exp per bushel | 3.20 | 4.18 | 3.01 | 2.44 | 
| With labor & management | 3.46 | 4.43 | 3.24 | 2.73 | 
| Total exp less govt & oth income | 2.95 | 3.73 | 2.81 | 2.18 | 
| Est. labor hours per acre | 1.38 | 1.37 | 1.24 | 1.44 |