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

Soybeans on Share Rent

Avg. Of
All Farms
Number of fields 6
Number of farms 6
Acres 120.27
Yield per acre (bu.) 29.61
Operators share of yield % 69.59
Value per bu. 5.37
Total product return per acre 110.69
Miscellaneous income per acre 9.09
Gross return per acre 119.79
Direct Expenses
Seed 23.08
Fertilizer 2.25
Crop chemicals 16.73
Crop insurance 4.68
Fuel & oil 7.02
Repairs 11.17
Custom hire 0.42
Operating interest 2.76
Total direct expenses per acre 68.10
Return over direct exp per acre 51.68
Overhead Expenses
Custom hire 2.04
Hired labor 1.98
Machinery & bldg leases 1.45
Farm insurance 2.00
Utilities 1.20
Dues & professional fees 2.16
Interest 4.10
Mach & bldg depreciation 6.01
Miscellaneous 3.51
Total overhead expenses per acre 24.46
Total dir & ovhd expenses per acre 92.56
Net return per acre 27.23
Lbr & mgt charge per acre 20.29
Net return over lbr & mgt 6.94
Government payments 10.37
Net return with govt payments 17.31
Cost of Production
Total direct expense per bu. 3.31
Total dir & ovhd exp per bu. 4.49
With labor & management 5.48
Total exp less govt & oth income 4.53
Est. labor hours per acre 1.82