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

Sugar Beets on Owned Land Including Joint venture

Avg. Of
All Farms
Number of fields 13
Number of farms 11
Acres 147.98
Yield per acre (ton) 18.38
Operators share of yield % 100.00
Value per ton 37.60
Total product return per acre 690.88
Miscellaneous income per acre 40.25
Gross return per acre 731.13
Direct Expenses
Seed 44.20
Fertilizer 30.35
Crop chemicals 102.75
Crop insurance 18.37
Fuel & oil 31.66
Repairs 66.05
Custom hire 14.77
Hired labor 28.55
Stock/quota lease 212.32
Operating interest 17.95
Miscellaneous 1.00
Total direct expenses per acre 567.97
Return over direct exp per acre 163.15
Overhead Expenses
Custom hire 3.45
Hired labor 20.46
Machinery & bldg leases 13.36
RE & pers. property taxes 8.10
Farm insurance 5.70
Utilities 3.49
Dues & professional fees 3.44
Interest 43.13
Mach & bldg depreciation 46.30
Miscellaneous 6.23
Total overhead expenses per acre 153.65
Total dir & ovhd expenses per acre 721.63
Net return per acre 9.50
Lbr & mgt charge per acre 61.87
Net return over lbr & mgt -52.36
Government payments 12.08
Net return with govt payments -40.28
Cost of Production
Total direct expense per ton 30.91
Total dir & ovhd exp per ton 39.27
With labor & management 42.64
Total exp less govt & oth income 39.79
Est. labor hours per acre 5.69