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 78 15 15 16
Operator Information
Average number of operators 1.1 1.0 1.2 1.4
Average age of operators 43.2 47.2 40.1 45.2
Average number of years farming 21.2 23.9 18.5 23.9
Results Per Operator
Working capital 143,935 58,977 132,014 232,423
Total assets (market) 1,516,450 668,322 1,319,902 2,157,227
Total liabilities 685,967 227,403 635,759 959,421
Net worth (market) 830,484 440,918 684,142 1,197,807
Net worth excl deferred liabs 987,544 493,693 832,524 1,444,933
Gross farm income 556,551 165,909 489,745 793,329
Total farm expense 434,120 143,596 387,563 586,984
Net farm income 122,432 22,313 102,182 206,345
Net nonfarm income 15,396 24,948 10,946 15,371
Family living & tax withdrawals 59,575 36,448 47,810 82,352
Total acres owned 316.2 252.8 279.3 399.5
Total crop acres 1,566.5 697.0 1,564.7 1,858.2
Crop acres owned 262.9 145.3 267.3 385.5
Crop acres cash rented 1,260.9 474.9 1,219.8 1,434.9
Crop acres share rented 42.8 76.9 77.6 37.8
Total pasture acres - - - -
Labor Analysis
Number of farms 78 15 15 16
Total unpaid labor hours 1,647 1,243 1,800 2,145
Total hired labor hours 2,005 125 1,677 3,612
Total labor hours per farm 3,652 1,368 3,477 5,757
Unpaid hours per operator 1,477 1,243 1,500 1,560
Value of farm production / hour 168.82 119.44 163.16 189.65
Net farm income / unpaid hour 82.91 17.95 68.12 132.27
Corporations
Number of farms 5 - 2 1
Number of operators 1.8 - - -