TABLE 11 - 23
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn Silage on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 34 6 7
Number of farms 28 5 5
Acres 63.61 49.48 78.29
Yield per acre (ton) 8.98 6.16 11.39
Operators share of yield % 100.00 100.00 100.00
Value per ton 18.88 16.39 24.77
Total product return per acre 169.50 100.88 282.11
Miscellaneous income per acre 13.18 - 8.30
Gross return per acre 182.68 100.88 290.41
Direct Expenses
Seed 15.26 18.68 17.91
Fertilizer 17.99 24.09 18.57
Crop chemicals 15.11 21.65 14.88
Crop insurance 3.82 5.30 3.43
Fuel & oil 10.71 14.19 8.14
Repairs 15.21 16.59 9.40
Custom hire 3.96 11.59 4.06
Land rent 24.06 31.91 24.63
Operating interest 4.72 2.34 3.32
Miscellaneous 1.48 6.67 -
Total direct expenses per acre 112.32 153.01 104.34
Return over direct exp per acre 70.36 -52.13 186.08
Overhead Expenses
Hired labor 7.71 3.13 6.61
Machinery & bldg leases 1.67 0.47 3.47
Farm insurance 2.15 2.84 2.00
Utilities 1.57 2.75 1.07
Dues & professional fees 0.38 0.94 0.20
Interest 5.11 11.05 4.39
Mach & bldg depreciation 11.06 17.46 8.74
Miscellaneous 2.70 5.13 2.03
Total overhead expenses per acre 32.36 43.76 28.52
Total dir & ovhd expenses per acre 144.68 196.77 132.86
Net return per acre 38.00 -95.89 157.55
Lbr & mgt charge per acre 17.64 24.36 13.30
Net return over lbr & mgt 20.37 -120.25 144.25
Government payments 19.64 23.06 19.65
Net return with govt payments 40.01 -97.19 163.90
Cost of Production
Total direct expense per ton 12.51 24.85 9.16
Total dir & ovhd exp per ton 16.12 31.96 11.67
With labor & management 18.08 35.92 12.83
Total exp less govt & oth income 14.43 32.17 10.38