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