TABLE 11 - 19
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 27 5 5
Number of farms 26 5 5
Acres 88.38 49.98 172.12
Yield per acre (bushel) 82.81 37.53 103.83
Operators share of yield % 100.00 100.00 100.00
Value per bushel 1.72 1.44 1.75
Other product return per acre 0.31 - -
Total product return per acre 142.72 54.06 181.60
Miscellaneous income per acre 7.50 - -
Gross return per acre 150.22 54.06 181.60
Direct Expenses
Seed 22.39 19.59 20.54
Fertilizer 19.79 9.95 17.11
Crop chemicals 19.49 27.66 16.66
Crop insurance 7.39 1.10 8.60
Drying fuel 2.04 1.15 2.58
Fuel & oil 9.95 8.58 8.15
Repairs 11.61 12.13 8.93
Custom hire 10.20 6.68 20.06
Operating interest 4.12 3.18 2.86
Miscellaneous 0.39 0.16 0.58
Total direct expenses per acre 107.36 90.17 106.07
Return over direct exp per acre 42.86 -36.10 75.53
Overhead Expenses
Hired labor 4.64 3.10 3.62
Machinery & bldg leases 0.80 0.75 0.08
RE & pers. property taxes 4.60 4.37 3.90
Farm insurance 2.59 1.85 1.83
Utilities 2.11 1.01 2.02
Dues & professional fees 0.49 1.31 -
Interest 17.77 27.02 7.44
Mach & bldg depreciation 9.63 4.09 7.38
Miscellaneous 2.18 1.10 1.53
Total overhead expenses per acre 44.80 44.61 27.79
Total dir & ovhd expenses per acre 152.16 134.77 133.86
Net return per acre -1.94 -80.71 47.74
Lbr & mgt charge per acre 18.16 14.89 16.13
Net return over lbr & mgt -20.10 -95.61 31.61
Government payments 22.85 25.31 17.80
Net return with govt payments 2.74 -70.30 49.41
Cost of Production
Total direct expense per bushel 1.30 2.40 1.02
Total dir & ovhd exp per bushel 1.84 3.59 1.29
With labor & management 2.06 3.99 1.44
Total exp less govt & oth income 1.69 3.31 1.27