TABLE 11 - 52
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Mixed Alfalfa/Grass on Owned Land
Avg. Of
All Farms
Number of fields 41
Number of farms 21
Acres 57.84
Yield per acre (ton) 1.57
Operators share of yield % 100.00
Value per ton 35.96
Other product return per acre 0.42
Total product return per acre 56.73
Miscellaneous income per acre -
Gross return per acre 56.73
Direct Expenses
Fuel & oil 5.87
Repairs 6.88
Custom hire 0.54
Operating interest 1.62
Miscellaneous 0.23
Total direct expenses per acre 15.14
Return over direct exp per acre 41.60
Overhead Expenses
Hired labor 0.43
Machinery & bldg leases 0.39
RE & pers. property taxes 3.34
Farm insurance 0.87
Utilities 0.76
Interest 17.42
Mach & bldg depreciation 2.87
Miscellaneous 1.80
Total overhead expenses per acre 27.88
Total dir & ovhd expenses per acre 43.02
Net return per acre 13.71
Lbr & mgt charge per acre 12.63
Net return over lbr & mgt 1.09
Government payments 9.66
Net return with govt payments 10.75
Cost of Production
Total direct expense per ton 9.66
Total dir & ovhd exp per ton 27.47
With labor & management 35.53
Total exp less govt & oth income 29.09