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 6
Number of farms 6
Acres 205.72
Yield per acre (bu.) 18.16
Operators share of yield % 100.00
Value per bu. 6.43
Total product return per acre 116.85
Miscellaneous income per acre 54.26
Gross return per acre 171.11
Direct Expenses
Seed 10.49
Crop chemicals 27.23
Crop insurance 10.09
Fuel & oil 6.39
Repairs 12.05
Custom hire 1.72
Land rent 58.51
Operating interest 3.64
Total direct expenses per acre 130.10
Return over direct exp per acre 41.01
Overhead Expenses
Custom hire 0.13
Hired labor 4.59
Machinery & bldg leases 1.85
Farm insurance 5.33
Utilities 1.94
Dues & professional fees 3.87
Interest 3.61
Mach & bldg depreciation 9.96
Miscellaneous 1.81
Total overhead expenses per acre 33.08
Total dir & ovhd expenses per acre 163.18
Net return per acre 7.93
Lbr & mgt charge per acre 13.19
Net return over lbr & mgt -5.26
Government payments 13.64
Net return with govt payments 8.38
Cost of Production
Total direct expense per bu. 7.16
Total dir & ovhd exp per bu. 8.99
With labor & management 9.71
Total exp less govt & oth income 5.97
Est. labor hours per acre 1.14