TABLE 11 - 20
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 40 6 7
Number of farms 31 6 6
Acres 85.15 29.80 79.17
Yield per acre (bushel) 100.73 60.63 130.00
Operators share of yield % 100.00 99.99 100.00
Value per bushel 1.77 1.64 1.86
Total product return per acre 178.60 99.50 241.99
Miscellaneous income per acre 4.94 - 3.17
Gross return per acre 183.55 99.50 245.16
Direct Expenses
Seed 25.61 20.17 24.94
Fertilizer 21.30 18.20 21.13
Crop chemicals 22.58 28.35 20.85
Crop insurance 7.30 3.72 5.20
Drying fuel 0.91 0.21 -
Fuel & oil 11.00 11.55 11.83
Repairs 14.43 15.08 11.93
Custom hire 2.14 6.34 3.59
Land rent 36.16 29.19 33.30
Operating interest 4.44 3.61 5.37
Miscellaneous 0.13 0.23 -
Total direct expenses per acre 146.00 136.63 138.13
Return over direct exp per acre 37.54 -37.13 107.03
Overhead Expenses
Hired labor 5.90 3.51 6.60
Machinery & bldg leases 4.82 3.43 7.58
Farm insurance 1.91 1.78 0.64
Utilities 1.46 1.07 2.00
Dues & professional fees 0.44 0.82 0.05
Interest 4.35 5.89 4.84
Mach & bldg depreciation 8.76 7.14 7.20
Miscellaneous 2.18 1.35 5.58
Total overhead expenses per acre 29.83 24.99 34.47
Total dir & ovhd expenses per acre 175.83 161.63 172.61
Net return per acre 7.71 -62.13 72.55
Lbr & mgt charge per acre 14.46 16.91 12.46
Net return over lbr & mgt -6.75 -79.03 60.09
Government payments 24.33 23.05 28.79
Net return with govt payments 17.58 -55.98 88.88
Cost of Production
Total direct expense per bushel 1.45 2.25 1.06
Total dir & ovhd exp per bushel 1.75 2.67 1.33
With labor & management 1.89 2.95 1.42
Total exp less govt & oth income 1.60 2.56 1.18