Crop Enterprise Analysis
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By RoundUp Ready)
Soybeans on Share Rent
| Avg. Of | 100% | |
| All Farms | RR | |
| Number of fields | 7 | 7 |
| Number of farms | 7 | 7 |
| Acres | 90.33 | 90.33 |
| Yield per acre (bu.) | 24.85 | 24.85 |
| Operators share of yield % | 66.70 | 66.70 |
| Value per bu. | 6.44 | 6.44 |
| Total product return per acre | 106.64 | 106.64 |
| Miscellaneous income per acre | 27.79 | 27.79 |
| Gross return per acre | 134.42 | 134.42 |
| Direct Expenses | ||
| Seed | 35.20 | 35.20 |
| Fertilizer | 2.82 | 2.82 |
| Crop chemicals | 12.86 | 12.86 |
| Crop insurance | 12.23 | 12.23 |
| Fuel & oil | 8.07 | 8.07 |
| Repairs | 16.44 | 16.44 |
| Operating interest | 3.47 | 3.47 |
| Miscellaneous | 0.13 | 0.13 |
| Total direct expenses per acre | 91.21 | 91.21 |
| Return over direct exp per acre | 43.22 | 43.22 |
| Overhead Expenses | ||
| Custom hire | 3.22 | 3.22 |
| Hired labor | 0.67 | 0.67 |
| Farm insurance | 4.23 | 4.23 |
| Utilities | 2.63 | 2.63 |
| Dues & professional fees | 1.84 | 1.84 |
| Interest | 3.42 | 3.42 |
| Mach & bldg depreciation | 10.80 | 10.80 |
| Miscellaneous | 6.83 | 6.83 |
| Total overhead expenses per acre | 33.65 | 33.65 |
| Total dir & ovhd expenses per acre | 124.85 | 124.85 |
| Net return per acre | 9.57 | 9.57 |
| Lbr & mgt charge per acre | 22.16 | 22.16 |
| Net return over lbr & mgt | -12.58 | -12.58 |
| Government payments | 9.14 | 9.14 |
| Net return with govt payments | -3.44 | -3.44 |
| Cost of Production | ||
| Total direct expense per bu. | 5.50 | 5.50 |
| Total dir & ovhd exp per bu. | 7.53 | 7.53 |
| With labor & management | 8.87 | 8.87 |
| Total exp less govt & oth income | 6.64 | 6.64 |
| Est. labor hours per acre | 1.37 | 1.37 |