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

Soybeans on Owned Land

Avg. Of 100% No
All Farms RR RR
Number of fields 40 37 3
Number of farms 37 35 3
Acres 196.63 201.28 139.33
Yield per acre (bu.) 42.99 43.20 39.10
Operators share of yield % 100.00 100.00 100.00
Value per bu. 5.67 5.66 5.86
Total product return per acre 243.91 244.74 229.03
Miscellaneous income per acre 2.61 2.75 -
Gross return per acre 246.52 247.50 229.03
Direct Expenses
Seed 38.28 39.56 15.59
Fertilizer 4.45 4.41 5.20
Crop chemicals 13.01 12.31 25.48
Crop insurance 11.30 11.24 12.41
Fuel & oil 12.69 12.65 13.44
Repairs 12.27 12.24 12.77
Custom hire 2.43 2.43 2.43
Operating interest 4.72 4.78 3.67
Miscellaneous 0.05 0.05 -
Total direct expenses per acre 99.21 99.67 91.00
Return over direct exp per acre 147.31 147.83 138.03
Overhead Expenses
Custom hire 1.93 2.02 0.41
Hired labor 5.73 5.62 7.70
Machinery leases 0.96 1.02 -
RE & pers. property taxes 10.27 10.17 12.01
Farm insurance 5.27 5.28 5.12
Utilities 2.53 2.53 2.48
Dues & professional fees 2.31 2.38 1.17
Interest 31.98 32.44 23.86
Mach & bldg depreciation 12.30 11.95 18.56
Miscellaneous 2.04 2.07 1.55
Total overhead expenses per acre 75.32 75.46 72.84
Total dir & ovhd expenses per acre 174.53 175.13 163.84
Net return per acre 71.99 72.37 65.19
Government payments 16.78 16.83 16.04
Net return with govt pmts 88.77 89.19 81.23
Labor & management charge 19.33 19.08 23.79
Net return over lbr & mgt 69.44 70.11 57.44
Cost of Production
Total direct expense per bu. 2.31 2.31 2.33
Total dir & ovhd exp per bu. 4.06 4.05 4.19
Less govt & other income 3.61 3.60 3.78
With labor & management 4.06 4.04 4.39
Machinery cost per acre 44.54 44.44 46.29
Est. labor hours per acre 1.29 1.26 1.95

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

Soybeans on Cash Rent

Avg. Of 100% No
All Farms RR RR
Number of fields 73 70 3
Number of farms 65 63 3
Acres 458.74 463.90 338.23
Yield per acre (bu.) 40.88 40.94 39.11
Operators share of yield % 100.00 100.00 100.00
Value per bu. 5.65 5.64 5.88
Total product return per acre 230.93 230.96 230.00
Miscellaneous income per acre 0.87 0.93 -1.06
Gross return per acre 231.80 231.89 228.95
Direct Expenses
Seed 37.34 38.15 11.36
Fertilizer 4.02 3.96 5.90
Crop chemicals 11.75 11.44 21.70
Crop insurance 11.36 11.37 11.02
Fuel & oil 9.94 9.90 11.30
Repairs 12.90 12.95 11.17
Custom hire 2.57 2.59 1.84
Land rent 70.19 70.14 71.86
Operating interest 3.89 3.96 1.67
Miscellaneous 0.54 0.56 -
Total direct expenses per acre 164.50 165.02 147.83
Return over direct exp per acre 67.31 66.87 81.12
Overhead Expenses
Custom hire 1.62 1.61 1.87
Hired labor 6.84 6.87 5.98
Machinery leases 1.90 1.92 1.31
Farm insurance 4.40 4.35 6.19
Utilities 1.99 1.99 2.01
Dues & professional fees 2.13 2.15 1.42
Interest 2.79 2.76 3.83
Mach & bldg depreciation 9.71 9.48 17.02
Miscellaneous 2.15 2.18 1.14
Total overhead expenses per acre 33.53 33.30 40.76
Total dir & ovhd expenses per acre 198.03 198.32 188.59
Net return per acre 33.78 33.57 40.36
Government payments 15.88 15.88 15.86
Net return with govt pmts 49.66 49.46 56.22
Labor & management charge 18.29 18.34 16.73
Net return over lbr & mgt 31.37 31.12 39.48
Cost of Production
Total direct expense per bu. 4.02 4.03 3.78
Total dir & ovhd exp per bu. 4.84 4.84 4.82
Less govt & other income 4.43 4.43 4.44
With labor & management 4.88 4.88 4.87
Machinery cost per acre 41.06 40.85 47.81
Est. labor hours per acre 1.19 1.18 1.26

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

Soybeans on Share Rent

Avg. Of 100%
All Farms RR
Number of fields 13 13
Number of farms 12 12
Acres 124.90 124.90
Yield per acre (bu.) 37.09 37.09
Operators share of yield % 70.13 70.13
Value per bu. 5.67 5.67
Total product return per acre 147.60 147.60
Miscellaneous income per acre 0.05 0.05
Gross return per acre 147.65 147.65
Direct Expenses
Seed 37.90 37.90
Fertilizer 2.15 2.15
Crop chemicals 11.10 11.10
Crop insurance 8.77 8.77
Fuel & oil 11.94 11.94
Repairs 11.69 11.69
Custom hire 1.00 1.00
Operating interest 5.25 5.25
Miscellaneous 0.17 0.17
Total direct expenses per acre 89.97 89.97
Return over direct exp per acre 57.68 57.68
Overhead Expenses
Custom hire 1.43 1.43
Hired labor 3.76 3.76
Farm insurance 4.53 4.53
Utilities 2.30 2.30
Dues & professional fees 2.36 2.36
Interest 4.34 4.34
Mach & bldg depreciation 8.76 8.76
Miscellaneous 2.97 2.97
Total overhead expenses per acre 30.44 30.44
Total dir & ovhd expenses per acre 120.42 120.42
Net return per acre 27.24 27.24
Government payments 10.71 10.71
Net return with govt pmts 37.95 37.95
Labor & management charge 21.09 21.09
Net return over lbr & mgt 16.86 16.86
Cost of Production
Total direct expense per bu. 3.46 3.46
Total dir & ovhd exp per bu. 4.63 4.63
Less govt & other income 4.22 4.22
With labor & management 5.03 5.03
Machinery cost per acre 38.53 38.53
Est. labor hours per acre 1.43 1.43

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