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

Sugar Beets on Cash Rent Including Joint venture

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of fields 47 7 10 6
Number of farms 29 5 6 6
Acres 197.97 183.83 257.28 127.38
Yield per acre (ton) 19.44 18.32 18.38 23.57
Operators share of yield % 100.00 100.00 100.00 100.00
Value per ton 35.88 34.49 35.92 39.23
Total product return per acre 697.62 631.95 660.11 924.89
Miscellaneous income per acre 22.80 52.10 20.08 2.98
Gross return per acre 720.41 684.05 680.18 927.88
Direct Expenses
Seed 52.07 54.88 44.71 43.97
Fertilizer 34.27 39.24 28.47 31.64
Crop chemicals 110.59 126.15 104.20 112.19
Crop insurance 17.09 20.57 19.47 11.64
Fuel & oil 39.12 43.93 38.53 36.21
Repairs 58.12 74.14 45.68 49.86
Custom hire 7.64 9.94 8.65 4.85
Hired labor 25.83 31.57 30.91 16.82
Land rent 73.03 72.52 75.91 62.25
Stock/quota lease 191.57 211.98 178.30 203.45
Machinery & bldg leases 0.90 - - -
Operating interest 16.98 16.56 22.41 9.17
Miscellaneous 1.34 4.78 0.10 0.91
Total direct expenses per acre 628.54 706.27 597.33 582.96
Return over direct exp per acre 91.87 -22.22 82.86 344.91
Overhead Expenses
Custom hire 2.06 7.16 0.00 4.88
Hired labor 24.67 40.31 16.17 2.46
Machinery & bldg leases 4.41 3.82 1.82 0.91
Farm insurance 4.61 7.10 3.89 2.52
Utilities 4.72 6.73 4.29 4.81
Dues & professional fees 4.30 3.24 4.22 4.90
Interest 15.32 13.99 13.62 10.93
Mach & bldg depreciation 40.33 51.71 40.85 29.32
Miscellaneous 9.35 11.05 11.00 5.28
Total overhead expenses per acre 109.76 145.12 95.86 66.01
Total dir & ovhd expenses per acre 738.31 851.39 693.19 648.98
Net return per acre -17.89 -167.34 -13.01 278.90
Lbr & mgt charge per acre 61.60 68.15 53.22 69.67
Net return over lbr & mgt -79.49 -235.48 -66.22 209.23
Government payments 14.40 14.20 14.38 13.64
Net return with govt payments -65.09 -221.29 -51.85 222.87
Cost of Production
Total direct expense per ton 32.33 38.55 32.50 24.73
Total dir & ovhd exp per ton 37.97 46.47 37.72 27.53
With labor & management 41.14 50.19 40.62 30.48
Total exp less govt & oth income 39.23 46.57 38.74 29.78
Est. labor hours per acre 5.43 6.90 4.80 4.51