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

Corn on Cash Rent

Avg. Of
All Farms 40 - 60% High 20%
Number of fields 26 7 5
Number of farms 24 5 5
Acres 412.65 295.03 181.60
Yield per acre (bu.) 135.67 122.85 154.83
Operators share of yield % 100.00 100.00 100.00
Value per bu. 2.81 2.96 2.88
Total product return per acre 380.81 364.08 445.65
Miscellaneous income per acre 4.76 6.78 -
Gross return per acre 385.57 370.86 445.65
Direct Expenses
Seed 47.24 49.52 45.78
Fertilizer 58.82 51.50 46.80
Crop chemicals 16.73 15.19 25.58
Crop insurance 13.23 12.62 15.64
Drying fuel 6.64 7.95 3.99
Fuel & oil 26.48 25.07 26.11
Repairs 28.46 25.34 26.11
Custom hire 1.31 0.49 0.80
Land rent 80.65 66.03 72.32
Hauling and trucking 0.96 - -
Marketing 1.33 - -
Operating interest 13.93 16.51 16.14
Miscellaneous 1.32 - -
Total direct expenses per acre 297.11 270.22 279.25
Return over direct exp per acre 88.45 100.63 166.40
Overhead Expenses
Custom hire 2.21 0.18 2.71
Hired labor 11.91 10.98 9.45
Machinery leases 23.60 6.15 1.31
Building leases 0.12 - 1.38
Farm insurance 4.69 3.67 7.15
Utilities 4.00 2.69 4.84
Dues & professional fees 3.21 2.26 2.71
Interest 4.31 11.16 5.66
Mach & bldg depreciation 14.62 20.74 21.63
Miscellaneous 1.79 2.78 0.77
Total overhead expenses per acre 70.48 60.60 57.61
Total dir & ovhd expenses per acre 367.60 330.83 336.86
Net return per acre 17.97 40.03 108.79
Government payments 16.62 14.64 15.48
Net return with govt pmts 34.59 54.67 124.27
Labor & management charge 29.90 22.74 40.62
Net return over lbr & mgt 4.69 31.93 83.65
Cost of Production
Total direct expense per bu. 2.19 2.20 1.80
Total dir & ovhd exp per bu. 2.71 2.69 2.18
Less govt & other income 2.55 2.52 2.08
With labor & management 2.77 2.70 2.34
Machinery cost per acre 100.11 87.51 83.97
Est. labor hours per acre 1.93 1.86 2.22