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 40 8 8 8
Number of farms 39 7 8 8
Acres 177.12 118.26 124.22 165.45
Yield per acre (ton) 19.96 18.13 19.74 23.58
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 35.19 32.48 34.18 37.42
Total product return per acre 702.39 589.03 674.71 882.42
Miscellaneous income per acre 15.46 12.10 15.22 9.52
Gross return per acre 717.85 601.13 689.93 891.94
Direct Expenses
Seed 50.07 52.18 51.00 45.13
Fertilizer 35.08 34.84 34.18 32.90
Crop chemicals 106.32 119.83 100.37 121.54
Crop insurance 16.61 14.68 20.61 12.14
Fuel & oil 40.91 41.04 42.58 44.14
Repairs 72.51 106.65 70.38 63.43
Custom hire 9.56 - 7.60 19.71
Hired labor 29.94 23.70 31.57 30.63
Land rent 77.10 73.38 73.36 72.55
Operating interest 9.32 9.74 10.71 3.77
Miscellaneous 3.11 1.95 1.56 0.63
Total direct expenses per acre 450.53 477.97 443.93 446.57
Return over direct exp per acre 267.31 123.16 246.00 445.36
Overhead Expenses
Custom hire 3.71 14.73 1.57 3.67
Hired labor 36.52 11.32 44.25 25.19
Machinery & bldg leases 4.59 13.56 1.30 2.76
Farm insurance 4.96 5.12 5.79 2.68
Utilities 6.64 7.42 5.61 6.90
Dues & professional fees 5.89 6.63 5.53 7.08
Interest 14.57 19.58 13.74 7.22
Mach & bldg depreciation 50.94 58.15 48.35 48.31
Miscellaneous 8.48 8.66 8.29 3.88
Total overhead expenses per acre 136.29 145.17 134.43 107.69
Total dir & ovhd expenses per acre 586.83 623.14 578.36 554.26
Net return per acre 131.02 -22.01 111.57 337.67
Lbr & mgt charge per acre 82.91 72.50 64.52 78.00
Net return over lbr & mgt 48.11 -94.51 47.05 259.67
Government payments 14.68 15.56 14.37 14.40
Net return with govt payments 62.79 -78.95 61.42 274.08
Cost of Production
Total direct expense per ton 22.57 26.36 22.49 18.94
Total dir & ovhd exp per ton 29.40 34.36 29.30 23.51
With labor & management 33.56 38.36 32.57 26.81
Total exp less govt & oth income 32.05 36.84 31.07 25.80
Est. labor hours per acre 7.05 4.69 7.72 6.35