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

Sugar Beets on Cash Rent Excluding Joint venture

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of fields 45 8 9 9
Number of farms 44 8 9 9
Acres 200.35 169.34 161.31 177.11
Yield per acre (ton) 19.87 17.91 18.48 23.08
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 41.18 40.69 41.03 40.53
Total product return per acre 818.28 728.86 758.03 935.60
Miscellaneous income per acre 6.24 1.40 24.22 1.60
Gross return per acre 824.52 730.26 782.25 937.20
Direct Expenses
Seed 43.73 46.03 45.85 43.05
Fertilizer 29.76 22.65 27.45 28.10
Crop chemicals 125.77 132.39 117.24 123.79
Crop insurance 16.31 14.19 13.18 21.29
Fuel & oil 29.54 32.15 34.17 25.29
Repairs 71.63 90.71 60.17 44.92
Custom hire 9.67 22.45 14.11 6.07
Hired labor 23.79 18.61 23.92 16.18
Land rent 76.25 71.65 71.52 69.77
Machinery & bldg leases 1.39 - - 0.10
Operating interest 11.43 10.12 13.96 13.70
Miscellaneous 0.37 0.05 0.92 0.04
Total direct expenses per acre 439.64 461.00 422.50 392.28
Return over direct exp per acre 384.88 269.26 359.75 544.91
Overhead Expenses
Custom hire 3.27 10.39 1.47 2.97
Hired labor 28.37 39.44 20.28 21.00
Machinery & bldg leases 7.32 4.33 4.47 4.40
Farm insurance 4.94 4.17 5.50 4.90
Utilities 5.70 12.04 6.43 3.89
Dues & professional fees 6.24 6.01 6.46 4.48
Interest 11.75 18.22 12.60 11.09
Mach & bldg depreciation 47.21 51.60 46.36 53.51
Miscellaneous 6.58 5.10 12.06 4.69
Total overhead expenses per acre 121.39 151.30 115.62 110.94
Total dir & ovhd expenses per acre 561.03 612.30 538.12 503.22
Net return per acre 263.49 117.96 244.13 433.98
Lbr & mgt charge per acre 83.59 67.57 76.71 68.69
Net return over lbr & mgt 179.89 50.39 167.43 365.28
Government payments 13.93 16.25 13.58 16.13
Net return with govt payments 193.83 66.65 181.00 381.41
Cost of Production
Total direct expense per ton 22.12 25.74 22.87 16.99
Total dir & ovhd exp per ton 28.23 34.18 29.12 21.80
With labor & management 32.44 37.96 33.28 24.78
Total exp less govt & oth income 31.43 36.97 31.23 24.01
Est. labor hours per acre 6.04 5.96 6.46 4.22