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

Wheat, Spring on Share Rent

Avg. Of
All Farms
Number of fields 9
Number of farms 8
Acres 174.49
Yield per acre (bu.) 42.21
Operators share of yield % 67.48
Value per bu. 3.52
Total product return per acre 100.40
Miscellaneous income per acre 12.62
Gross return per acre 113.02
Direct Expenses
Seed 11.78
Fertilizer 36.95
Crop chemicals 13.53
Crop insurance 7.87
Fuel & oil 12.36
Repairs 12.76
Custom hire 1.06
Operating interest 4.01
Miscellaneous 0.05
Total direct expenses per acre 100.36
Return over direct exp per acre 12.66
Overhead Expenses
Custom hire 1.48
Hired labor 2.82
Machinery leases 0.11
Farm insurance 4.52
Utilities 1.73
Dues & professional fees 1.78
Interest 3.23
Mach & bldg depreciation 7.03
Miscellaneous 2.44
Total overhead expenses per acre 25.14
Total dir & ovhd expenses per acre 125.50
Net return per acre -12.48
Government payments 11.38
Net return with govt pmts -1.10
Labor & management charge 21.71
Net return over lbr & mgt -22.81
Cost of Production
Total direct expense per bu. 3.52
Total dir & ovhd exp per bu. 4.41
Less govt & other income 3.56
With labor & management 4.33
Machinery cost per acre 37.65
Est. labor hours per acre 1.33