TABLE 11 - 53
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Mixed Alfalfa/Grass on Cash Rent
Avg. Of
All Farms
Number of fields 31
Number of farms 21
Acres 102.20
Yield per acre (ton) 1.24
Operators share of yield % 100.00
Value per ton 34.11
Other product return per acre 0.05
Total product return per acre 42.35
Miscellaneous income per acre 0.75
Gross return per acre 43.10
Direct Expenses
Fuel & oil 5.98
Repairs 7.25
Custom hire 0.80
Land rent 13.98
Operating interest 1.69
Miscellaneous 0.74
Total direct expenses per acre 30.44
Return over direct exp per acre 12.67
Overhead Expenses
Hired labor 0.64
Machinery & bldg leases 0.14
Farm insurance 0.99
Utilities 0.85
Interest 2.83
Mach & bldg depreciation 4.65
Miscellaneous 1.79
Total overhead expenses per acre 11.89
Total dir & ovhd expenses per acre 42.33
Net return per acre 0.77
Lbr & mgt charge per acre 9.29
Net return over lbr & mgt -8.51
Government payments 4.46
Net return with govt payments -4.05
Cost of Production
Total direct expense per ton 24.54
Total dir & ovhd exp per ton 34.13
With labor & management 41.62
Total exp less govt & oth income 37.38