TABLE 11 - 45
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Alfalfa on Share Rent
Avg. Of
All Farms
Number of fields 13
Number of farms 12
Acres 72.47
Yield per acre (ton) 1.60
Operators share of yield % 64.32
Value per ton 39.22
Total product return per acre 42.59
Miscellaneous income per acre -
Gross return per acre 42.59
Direct Expenses
Fertilizer 0.75
Fuel & oil 5.93
Repairs 5.78
Operating interest 0.54
Miscellaneous 0.89
Total direct expenses per acre 13.89
Return over direct exp per acre 28.70
Overhead Expenses
Hired labor 0.55
Farm insurance 0.88
Utilities 0.90
Dues & professional fees 0.38
Interest 2.51
Mach & bldg depreciation 3.19
Miscellaneous 1.18
Total overhead expenses per acre 9.58
Total dir & ovhd expenses per acre 23.47
Net return per acre 19.12
Lbr & mgt charge per acre 9.05
Net return over lbr & mgt 10.07
Government payments 2.52
Net return with govt payments 12.59
Cost of Production
Total direct expense per ton 13.51
Total dir & ovhd exp per ton 22.83
With labor & management 31.63
Total exp less govt & oth income 29.18