TABLE 10
CROP PRODUCTION AND MARKETING SUMMARY
Minnesota and North Dakota Farm Business Mgmt. Education
Red River Valley, 2004
(Farms Sorted By Net Farm Income)
Avg. Of
All Farms Low 20% 40 - 60% High 20%
Number of farms 230 46 46 46
Acreage Summary
Total acres owned 377 320 314 493
Total crop acres 1,726 1,432 1,665 2,438
Crop acres owned 351 278 292 480
Crop acres cash rented 1,291 1,094 1,339 1,767
Crop acres share rented 84 60 33 192
Total pasture acres 2 - - 10
Average Price Received (Cash SalesOnly)
Soybeans per bushel 6.69 6.33 6.38 6.82
Wheat, Spring per bushel 3.47 3.27 3.47 3.50
Corn per bushel 2.27 2.11 2.22 2.42
Barley per bushel 2.41 2.35 2.20 2.36
Sunflowers per cwt 12.55 - - 13.25
Sugar Beets per ton 40.55 - - -
Beans, Navy per cwt 20.22 - - -
Sunflowers, Confectionary per cwt 16.75 - 16.55 -
Hay, Alfalfa per ton 73.26 - - -
Beans, Black Turtle per cwt 17.39 - - -
Beans, Pinto per cwt 24.34 - - -
Average Yield Per Acre
Soybeans (bushel) 22.38 17.18 20.96 27.93
Wheat, Spring (bushel) 63.70 61.79 63.87 65.26
Sugar Beets (ton) 19.65 18.76 19.35 20.51
Corn (bushel) 114.50 104.43 126.54 127.73
Rented Out ($) 93.15 - - 77.49
CRP ($) 57.75 - - 55.02
Barley (bushel) 83.94 - - -
Sunflowers (cwt) 11.15 - - -
Beans, Navy (cwt) 7.80 - - -
Soybeans, Food (bushel) 15.78 - - -
Sunflowers, Confectionary (cwt) 8.77 - 6.60 -
Hay, Alfalfa (ton) 3.92 - - -
Beans, Black Turtle (cwt) 6.61 - - -
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