Operator and Labor Information
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of farms 75 15 15 15
Operator Information
Average number of operators 1.1 1.0 1.1 1.4
Average age of operators 43.4 42.3 42.7 48.8
Average number of years farming 21.3 17.9 21.1 25.7
Results Per Operator
Working capital 90,583 45,070 90,253 162,547
Total assets (market) 1,411,782 703,739 1,140,949 2,298,639
Total liabilities 678,494 269,410 498,027 1,093,745
Net worth (market) 733,288 434,329 642,922 1,204,894
Net worth excl deferred liabs 889,307 482,880 747,601 1,504,635
Gross farm income 509,931 182,682 433,112 773,744
Total farm expense 389,340 168,625 338,752 530,471
Net farm income 120,591 14,057 94,360 243,273
Net nonfarm income 12,319 22,634 7,029 5,649
Family living & tax withdrawals 56,598 33,200 48,882 79,178
Total acres owned 311.9 283.2 330.3 438.1
Total crop acres 1,507.9 879.9 1,528.7 1,801.9
Crop acres owned 252.6 160.9 284.3 358.9
Crop acres cash rented 1,226.0 702.4 1,244.4 1,430.7
Crop acres share rented 29.3 16.7 - 12.3
Total pasture acres - - - -
Labor Analysis
Number of farms 75 15 15 15
Total unpaid labor hours 2,127 1,547 2,133 2,721
Total hired labor hours 1,900 293 1,026 4,162
Total labor hours per farm 4,027 1,839 3,159 6,883
Unpaid hours per operator 1,877 1,547 2,000 1,944
Value of farm production / hour 142.33 98.15 146.24 157.74
Net farm income / unpaid hour 64.26 9.09 47.18 125.15