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

Soybeans on Owned Land

	Avg. Of	100%
	All Farms	RR

Number of fields	38	34
Number of farms	36	32

Acres	196.32	202.95
Yield per acre (bu.)	31.37	31.56
Operators share of yield %	100.00	100.00
Value per bu.	7.05	7.10
Total product return per acre	221.32	223.95
Miscellaneous income per acre	13.25	13.43
Gross return per acre	234.57	237.39

Direct Expenses
Seed	33.36	34.68
Fertilizer	4.58	4.77
Crop chemicals	14.32	13.89
Crop insurance	11.73	12.08
Fuel & oil	6.26	6.30
Repairs	11.84	11.97
Custom hire	2.79	2.70
Operating interest	3.77	3.66
Miscellaneous	0.18	0.15
Total direct expenses per acre	88.83	90.21
Return over direct exp per acre	145.74	147.18

Overhead Expenses
Custom hire	1.85	2.00
Hired labor	4.65	4.40
Machinery & bldg leases	2.14	2.13
RE & pers. property taxes	10.40	10.38
Farm insurance	4.59	4.48
Utilities	2.09	2.12
Dues & professional fees	1.70	1.71
Interest	35.54	35.81
Mach & bldg depreciation	10.48	10.81
Miscellaneous	3.05	3.10
Total overhead expenses per acre	76.49	76.95
Total dir & ovhd expenses per acre	165.31	167.15
Net return per acre	69.25	70.23

Lbr & mgt charge per acre	18.27	18.81
Net return over lbr & mgt	50.98	51.43
Government payments	14.50	14.43
Net return with govt payments	65.47	65.86

Cost of Production
Total direct expense per bu.	2.83	2.86
Total dir & ovhd exp per bu.	5.27	5.30
With labor & management	5.85	5.89
Total exp less govt & oth income	4.97	5.01

Est. labor hours per acre	1.18	1.18