Crop Enterprise Analysis 
Farm Business Management - Moorhead 
Northland Community and Technical College 
(Farms Sorted By Net Return) 
Wheat, Spring on Owned Land 
| Avg. Of | ||||
| All Farms | Low 20% | 40 - 60% | High 20% | |
| Number of fields | 40 | 7 | 7 | 10 | 
| Number of farms | 38 | 7 | 7 | 8 | 
| Acres | 247.49 | 248.26 | 284.26 | 192.02 | 
| Yield per acre (bu.) | 64.53 | 62.89 | 60.14 | 70.49 | 
| Operators share of yield % | 100.00 | 100.00 | 100.00 | 100.00 | 
| Value per bu. | 3.46 | 3.31 | 3.67 | 3.42 | 
| Total product return per acre | 223.40 | 208.18 | 220.88 | 240.75 | 
| Miscellaneous income per acre | 2.05 | 0.47 | 0.58 | 3.04 | 
| Gross return per acre | 225.45 | 208.65 | 221.45 | 243.79 | 
| Direct Expenses | ||||
| Seed | 13.12 | 15.08 | 10.85 | 12.61 | 
| Fertilizer | 35.67 | 34.78 | 37.33 | 36.51 | 
| Crop chemicals | 22.20 | 32.87 | 19.01 | 16.57 | 
| Crop insurance | 9.45 | 8.90 | 8.46 | 7.58 | 
| Drying fuel | 0.59 | 1.06 | 1.05 | - | 
| Fuel & oil | 7.68 | 8.56 | 8.02 | 7.17 | 
| Repairs | 12.41 | 14.58 | 10.13 | 12.50 | 
| Custom hire | 2.84 | 2.19 | 1.14 | 1.81 | 
| Operating interest | 3.44 | 3.31 | 3.93 | 1.63 | 
| Miscellaneous | 0.45 | 1.59 | 0.30 | 0.59 | 
| Total direct expenses per acre | 107.83 | 122.93 | 100.23 | 96.97 | 
| Return over direct exp per acre | 117.62 | 85.72 | 121.22 | 146.82 | 
| Overhead Expenses | ||||
| Custom hire | 0.83 | 2.98 | 0.05 | 0.44 | 
| Hired labor | 5.98 | 5.28 | 11.46 | 4.69 | 
| Machinery & bldg leases | 0.79 | 1.05 | - | 1.90 | 
| RE & pers. property taxes | 11.00 | 12.60 | 9.16 | 12.03 | 
| Farm insurance | 4.54 | 6.64 | 3.39 | 3.84 | 
| Utilities | 2.03 | 2.60 | 2.40 | 1.81 | 
| Dues & professional fees | 1.82 | 2.50 | 1.91 | 1.98 | 
| Interest | 32.91 | 37.28 | 33.94 | 21.07 | 
| Mach & bldg depreciation | 11.08 | 15.90 | 9.56 | 8.33 | 
| Miscellaneous | 2.95 | 6.07 | 3.58 | 2.03 | 
| Total overhead expenses per acre | 73.92 | 92.89 | 75.45 | 58.11 | 
| Total dir & ovhd expenses per acre | 181.76 | 215.82 | 175.69 | 155.08 | 
| Net return per acre | 43.69 | -7.17 | 45.77 | 88.71 | 
| Lbr & mgt charge per acre | 15.58 | 16.99 | 15.95 | 18.36 | 
| Net return over lbr & mgt | 28.12 | -24.15 | 29.82 | 70.35 | 
| Government payments | 14.77 | 14.88 | 15.17 | 15.59 | 
| Net return with govt payments | 42.88 | -9.27 | 44.99 | 85.94 | 
| Cost of Production | ||||
| Total direct expense per bu. | 1.67 | 1.95 | 1.67 | 1.38 | 
| Total dir & ovhd exp per bu. | 2.82 | 3.43 | 2.92 | 2.20 | 
| With labor & management | 3.06 | 3.70 | 3.19 | 2.46 | 
| Total exp less govt & oth income | 2.80 | 3.46 | 2.92 | 2.20 | 
| Est. labor hours per acre | 1.19 | 1.14 | 1.38 | 1.45 |