TABLE 11 - 22
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn Silage on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 38 6 8
Number of farms 34 6 6
Acres 52.18 29.15 48.64
Yield per acre (ton) 9.73 5.72 15.10
Operators share of yield % 100.00 99.99 100.00
Value per ton 17.20 15.83 17.86
Total product return per acre 167.43 90.51 269.72
Miscellaneous income per acre 7.22 2.13 6.38
Gross return per acre 174.65 92.64 276.09
Direct Expenses
Seed 15.28 16.85 14.33
Fertilizer 12.23 22.07 10.80
Crop chemicals 15.56 19.10 12.31
Crop insurance 3.25 3.22 3.44
Fuel & oil 12.39 12.46 10.67
Repairs 16.94 17.60 18.54
Custom hire 0.80 0.58 1.54
Operating interest 3.88 3.87 1.99
Miscellaneous 0.66 - -
Total direct expenses per acre 81.00 95.75 73.61
Return over direct exp per acre 93.65 -3.12 202.48
Overhead Expenses
Hired labor 3.03 2.74 0.60
Machinery & bldg leases 0.88 0.14 0.66
RE & pers. property taxes 3.53 4.73 1.78
Farm insurance 2.03 2.58 2.19
Utilities 2.08 2.99 1.77
Dues & professional fees 0.33 0.59 0.61
Interest 15.13 20.66 11.97
Mach & bldg depreciation 11.15 12.14 8.39
Miscellaneous 3.16 3.74 2.73
Total overhead expenses per acre 41.32 50.29 30.70
Total dir & ovhd expenses per acre 122.32 146.05 104.31
Net return per acre 52.33 -53.41 171.78
Lbr & mgt charge per acre 19.88 24.05 19.13
Net return over lbr & mgt 32.45 -77.46 152.65
Government payments 17.92 23.27 16.29
Net return with govt payments 50.38 -54.19 168.94
Cost of Production
Total direct expense per ton 8.32 16.75 4.87
Total dir & ovhd exp per ton 12.57 25.54 6.91
With labor & management 14.61 29.75 8.17
Total exp less govt & oth income 12.02 25.31 6.67