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

Soybeans, Food on Cash Rent

Avg. Of
All Farms
Number of fields 5
Number of farms 5
Acres 155.08
Yield per acre (bu.) 30.83
Operators share of yield % 100.00
Value per bu. 7.74
Total product return per acre 238.73
Miscellaneous income per acre 4.47
Gross return per acre 243.20
Direct Expenses
Seed 19.39
Fertilizer 4.20
Crop chemicals 36.56
Crop insurance 14.82
Fuel & oil 14.32
Repairs 12.50
Custom hire 0.87
Land rent 69.13
Machinery leases 2.18
Operating interest 2.00
Miscellaneous 0.88
Total direct expenses per acre 176.84
Return over direct exp per acre 66.36
Overhead Expenses
Custom hire 0.59
Hired labor 2.13
Farm insurance 1.32
Utilities 1.26
Dues & professional fees 1.24
Interest 0.97
Mach & bldg depreciation 12.41
Miscellaneous 1.69
Total overhead expenses per acre 21.61
Total dir & ovhd expenses per acre 198.45
Net return per acre 44.75
Government payments 15.12
Net return with govt pmts 59.87
Labor & management charge 18.98
Net return over lbr & mgt 40.89
Cost of Production
Total direct expense per bu. 5.74
Total dir & ovhd exp per bu. 6.44
Less govt & other income 5.80
With labor & management 6.42
Machinery cost per acre 43.60
Est. labor hours per acre 0.96