TABLE 11 - 18
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Canola on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 114 17 31
Number of farms 65 13 13
Acres 82.30 110.01 58.36
Yield per acre (cwt) 12.99 8.82 14.78
Operators share of yield % 67.47 72.45 63.82
Value per cwt 9.69 9.60 10.66
Total product return per acre 84.04 60.30 98.81
Miscellaneous income per acre 5.43 4.13 8.41
Gross return per acre 89.47 64.43 107.22
Direct Expenses
Seed 18.39 17.49 9.44
Fertilizer 14.51 18.08 13.47
Crop chemicals 12.48 17.08 11.22
Crop insurance 4.92 4.82 5.27
Fuel & oil 6.28 6.16 5.37
Repairs 9.87 11.85 7.31
Custom hire 2.25 5.47 0.97
Operating interest 3.06 4.02 1.74
Miscellaneous 0.78 3.87 0.04
Total direct expenses per acre 72.53 88.84 54.84
Return over direct exp per acre 16.94 -24.41 52.39
Overhead Expenses
Hired labor 2.80 1.84 2.11
Machinery & bldg leases 1.73 3.63 0.24
Farm insurance 1.41 1.90 1.23
Utilities 1.47 2.41 1.12
Dues & professional fees 0.72 0.41 0.62
Interest 3.67 3.75 3.21
Mach & bldg depreciation 7.63 6.10 6.71
Miscellaneous 1.74 2.35 1.62
Total overhead expenses per acre 21.18 22.39 16.86
Total dir & ovhd expenses per acre 93.71 111.23 71.70
Net return per acre -4.24 -46.80 35.53
Lbr & mgt charge per acre 13.15 15.19 12.54
Net return over lbr & mgt -17.39 -61.99 22.99
Government payments 13.74 14.03 14.26
Net return with govt payments -3.66 -47.96 37.24
Cost of Production
Total direct expense per cwt 8.27 13.91 5.81
Total dir & ovhd exp per cwt 10.69 17.41 7.60
With labor & management 12.19 19.79 8.93
Total exp less govt & oth income 10.00 16.94 6.53