TABLE 11 - 47
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Grass on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 106 27 14
Number of farms 63 12 12
Acres 92.17 75.78 93.79
Yield per acre (ton) 1.32 0.84 2.00
Operators share of yield % 100.00 100.00 100.00
Value per ton 26.61 27.36 30.32
Total product return per acre 35.13 22.97 60.63
Miscellaneous income per acre 0.10 - -
Gross return per acre 35.23 22.97 60.63
Direct Expenses
Fertilizer 0.16 0.74 -
Fuel & oil 4.94 5.55 4.47
Repairs 6.75 8.26 6.26
Land rent 8.41 9.74 5.24
Operating interest 2.01 2.08 2.62
Miscellaneous 0.48 0.78 0.48
Total direct expenses per acre 22.70 27.16 19.07
Return over direct exp per acre 12.53 -4.20 41.57
Overhead Expenses
Hired labor 1.09 1.73 1.16
Machinery & bldg leases 0.44 0.50 1.46
Farm insurance 0.74 0.92 0.35
Utilities 0.71 1.06 0.29
Interest 2.10 2.34 3.02
Mach & bldg depreciation 3.13 3.66 2.07
Miscellaneous 1.24 1.32 1.23
Total overhead expenses per acre 9.44 11.53 9.59
Total dir & ovhd expenses per acre 32.15 38.69 28.66
Net return per acre 3.08 -15.73 31.97
Lbr & mgt charge per acre 8.88 7.90 11.37
Net return over lbr & mgt -5.80 -23.63 20.61
Government payments 0.39 0.55 0.27
Net return with govt payments -5.41 -23.08 20.88
Cost of Production
Total direct expense per ton 17.20 32.36 9.54
Total dir & ovhd exp per ton 24.35 46.10 14.33
With labor & management 31.08 55.52 20.02
Total exp less govt & oth income 30.71 54.87 19.88