Operator and Labor Information
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)

Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of farms 75 15 15 15
Operator Information
Average number of operators 1.1 1.2 0.9 1.3
Average age of operators 44.6 42.9 44.1 47.0
Average number of years farming 22.7 22.5 19.7 24.5
Results Per Operator
Working capital 51,841 -60,554 63,533 227,311
Total assets (market) 1,782,306 2,289,301 1,442,759 2,147,075
Total liabilities 831,212 1,154,606 642,593 786,040
Net worth (market) 951,094 1,134,695 800,166 1,361,035
Net worth excl deferred liabs 1,114,402 1,341,704 904,484 1,592,119
Gross farm income 524,710 533,555 354,170 704,631
Total farm expense 489,174 593,683 314,932 576,919
Net farm income 35,536 -60,128 39,239 127,713
Net nonfarm income 15,327 15,703 18,271 6,951
Family living & tax withdrawals 64,929 68,979 57,910 77,638
Total acres owned 381.7 407.4 395.5 459.5
Total crop acres 1,599.6 1,726.5 1,204.3 1,933.1
Crop acres owned 323.1 322.6 347.0 388.2
Crop acres cash rented 1,236.6 1,378.8 846.1 1,524.5
Crop acres share rented 39.9 25.1 11.1 20.3
Total pasture acres - - - -
Labor Analysis
Number of farms 75 15 15 15
Total unpaid labor hours 1,524 1,540 1,267 1,900
Total hired labor hours 2,346 3,540 941 3,224
Total labor hours per farm 3,870 5,080 2,208 5,124
Unpaid hours per operator 1,389 1,283 1,367 1,425
Value of farm production / hour 147.58 126.03 148.63 178.78
Net farm income / unpaid hour 25.59 -46.85 28.71 89.62
Average hourly hired labor wage 15.72 16.43 13.28 17.33
Partnerships & LLCs
Number of farms 6 1 - 3
Number of operators 2.3 2.0 - 2.3
Owner withdrawals per farm 158,599 158,599 - -
Withdrawals per operator 79,300 79,300 - -
Corporations
Number of farms 6 3 - 2
Number of operators 1.5 1.7 - 1.5