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

Soybeans on Cash Rent

	Avg. Of	100%	No
	All Farms	RR	RR

Number of fields	70	48	19
Number of farms	62	48	19

Acres	440.52	463.28	398.46
Yield per acre (bu.)	35.30	37.40	28.99
Operators share of yield %	100.00	100.00	100.00
Value per bu.	5.30	5.28	5.41
Total product return per acre	187.17	197.53	156.73
Miscellaneous income per acre	16.43	10.01	36.28
Gross return per acre	203.60	207.53	193.01

Direct Expenses
Seed	26.62	30.95	14.22
Fertilizer	2.80	3.03	2.09
Crop chemicals	16.27	14.54	21.68
Crop insurance	9.22	9.38	8.62
Fuel & oil	5.43	5.05	6.52
Repairs	10.56	10.08	12.06
Custom hire	1.50	1.30	2.14
Land rent	63.44	62.71	64.90
Operating interest	2.95	2.69	3.63
Miscellaneous	0.69	0.70	0.76
Total direct expenses per acre	139.49	140.45	136.60
Return over direct exp per acre	64.11	67.09	56.41

Overhead Expenses
Custom hire	1.91	2.10	1.49
Hired labor	4.05	3.98	4.60
Machinery & bldg leases	2.18	2.40	1.78
Farm insurance	3.59	3.62	3.61
Utilities	1.84	1.80	1.95
Dues & professional fees	1.61	1.68	1.47
Interest	2.70	3.06	1.85
Mach & bldg depreciation	7.93	8.39	6.82
Miscellaneous	2.17	2.01	2.64
Total overhead expenses per acre	27.97	29.05	26.20
Total dir & ovhd expenses per acre	167.46	169.50	162.80
Net return per acre	36.14	38.04	30.20

Lbr & mgt charge per acre	13.87	13.62	14.40
Net return over lbr & mgt	22.27	24.41	15.80
Government payments	13.51	13.63	13.12
Net return with govt payments	35.78	38.05	28.92

Cost of Production
Total direct expense per bu.	3.95	3.75	4.71
Total dir & ovhd exp per bu.	4.74	4.53	5.62
With labor & management	5.14	4.90	6.11
Total exp less govt & oth income	4.29	4.26	4.41

Est. labor hours per acre	1.29	1.28	1.32