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

Soybeans on Share Rent

Avg. Of
All Farms
Number of fields 12
Number of farms 11
Acres 193.69
Yield per acre (bu.) 41.89
Operators share of yield % 70.14
Value per bu. 6.04
Total product return per acre 177.37
Miscellaneous income per acre 0.19
Gross return per acre 177.56
Direct Expenses
Seed 39.87
Fertilizer 2.32
Crop chemicals 15.61
Crop insurance 10.44
Fuel & oil 13.28
Repairs 13.03
Operating interest 7.07
Miscellaneous 0.18
Total direct expenses per acre 101.79
Return over direct exp per acre 75.77
Overhead Expenses
Custom hire 0.49
Hired labor 3.18
Machinery leases 1.20
Farm insurance 3.56
Utilities 1.79
Dues & professional fees 1.66
Interest 3.41
Mach & bldg depreciation 8.09
Miscellaneous 2.38
Total overhead expenses per acre 25.75
Total dir & ovhd expenses per acre 127.54
Net return per acre 50.02
Government payments 10.01
Net return with govt pmts 60.03
Labor & management charge 18.31
Net return over lbr & mgt 41.72
Cost of Production
Total direct expense per bu. 3.46
Total dir & ovhd exp per bu. 4.34
Less govt & other income 3.99
With labor & management 4.62
Machinery cost per acre 39.19
Est. labor hours per acre 1.16