TABLE 11 - 16
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Canola on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 116 15 24
Number of farms 74 14 15
Acres 93.77 104.41 98.20
Yield per acre (cwt) 13.50 10.92 16.74
Operators share of yield % 100.00 100.00 100.00
Value per cwt 10.22 9.64 10.81
Total product return per acre 137.96 105.29 180.93
Miscellaneous income per acre 4.14 1.43 3.37
Gross return per acre 142.10 106.72 184.30
Direct Expenses
Seed 20.40 24.27 18.24
Fertilizer 16.18 17.84 17.87
Crop chemicals 12.78 15.96 15.12
Crop insurance 6.88 9.03 6.54
Fuel & oil 6.60 6.18 5.68
Repairs 10.36 12.00 6.54
Custom hire 3.05 5.16 0.72
Operating interest 2.93 4.59 1.66
Miscellaneous 0.13 0.01 0.09
Total direct expenses per acre 79.31 95.04 72.46
Return over direct exp per acre 62.79 11.68 111.84
Overhead Expenses
Hired labor 3.08 3.96 2.15
Machinery & bldg leases 1.25 2.39 0.74
RE & pers. property taxes 4.29 4.35 3.82
Farm insurance 1.49 1.54 1.23
Utilities 1.51 1.33 1.06
Dues & professional fees 0.71 1.71 0.43
Interest 17.17 35.89 13.64
Mach & bldg depreciation 8.68 9.81 7.51
Miscellaneous 2.03 2.22 2.14
Total overhead expenses per acre 40.21 63.20 32.73
Total dir & ovhd expenses per acre 119.52 158.23 105.20
Net return per acre 22.58 -51.51 79.10
Lbr & mgt charge per acre 14.35 15.03 14.32
Net return over lbr & mgt 8.23 -66.55 64.78
Government payments 21.38 22.64 21.82
Net return with govt payments 29.61 -43.91 86.60
Cost of Production
Total direct expense per cwt 5.87 8.70 4.33
Total dir & ovhd exp per cwt 8.85 14.49 6.28
With labor & management 9.91 15.86 7.14
Total exp less govt & oth income 8.02 13.66 5.63