TABLE 11 - 17
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Canola on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 192 29 33
Number of farms 94 18 19
Acres 117.96 140.73 135.40
Yield per acre (cwt) 11.47 8.47 14.80
Operators share of yield % 100.00 100.00 100.00
Value per cwt 10.29 9.71 11.20
Total product return per acre 117.94 82.23 165.76
Miscellaneous income per acre 8.86 9.87 4.97
Gross return per acre 126.79 92.10 170.73
Direct Expenses
Seed 21.39 23.16 19.50
Fertilizer 17.66 17.21 16.95
Crop chemicals 11.69 12.01 16.48
Crop insurance 6.18 7.90 6.27
Fuel & oil 6.34 6.62 6.19
Repairs 9.00 9.95 7.63
Custom hire 4.09 5.78 3.89
Land rent 30.40 32.39 29.18
Operating interest 2.99 4.57 1.66
Miscellaneous 0.38 0.64 0.00
Total direct expenses per acre 110.13 120.23 107.76
Return over direct exp per acre 16.67 -28.13 62.97
Overhead Expenses
Hired labor 2.41 3.39 1.71
Machinery & bldg leases 1.43 1.04 0.85
Farm insurance 1.26 1.68 1.27
Utilities 1.16 1.34 1.17
Dues & professional fees 0.57 0.57 0.96
Interest 3.51 6.98 1.82
Mach & bldg depreciation 7.60 11.71 6.42
Miscellaneous 2.22 2.01 1.54
Total overhead expenses per acre 20.16 28.72 15.74
Total dir & ovhd expenses per acre 130.28 148.95 123.51
Net return per acre -3.49 -56.85 47.22
Lbr & mgt charge per acre 13.28 15.16 13.90
Net return over lbr & mgt -16.78 -72.01 33.32
Government payments 20.60 21.97 21.73
Net return with govt payments 3.82 -50.04 55.05
Cost of Production
Total direct expense per cwt 9.61 14.19 7.28
Total dir & ovhd exp per cwt 11.36 17.59 8.35
With labor & management 12.52 19.38 9.29
Total exp less govt & oth income 9.95 15.62 7.48