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

Soybeans, Food on Cash Rent

Avg. Of
All Farms
Number of fields 7
Number of farms 7
Acres 243.66
Yield per acre (bu.) 27.23
Operators share of yield % 100.00
Value per bu. 8.45
Total product return per acre 230.05
Miscellaneous income per acre 16.51
Gross return per acre 246.56
Direct Expenses
Seed 9.76
Fertilizer 2.05
Crop chemicals 25.12
Crop insurance 12.92
Fuel & oil 7.61
Repairs 15.44
Custom hire 0.61
Hired labor 0.82
Land rent 64.34
Operating interest 2.14
Miscellaneous 0.08
Total direct expenses per acre 140.90
Return over direct exp per acre 105.66
Overhead Expenses
Custom hire 0.80
Hired labor 6.52
Machinery & bldg leases 2.78
Farm insurance 4.73
Utilities 1.25
Dues & professional fees 1.34
Interest 2.48
Mach & bldg depreciation 8.90
Miscellaneous 1.07
Total overhead expenses per acre 29.87
Total dir & ovhd expenses per acre 170.77
Net return per acre 75.79
Lbr & mgt charge per acre 17.28
Net return over lbr & mgt 58.51
Government payments 13.32
Net return with govt payments 71.83
Cost of Production
Total direct expense per bu. 5.17
Total dir & ovhd exp per bu. 6.27
With labor & management 6.91
Total exp less govt & oth income 5.81
Est. labor hours per acre 1.33