TABLE 11 - 55
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Native Grass on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 80 13 18
Number of farms 42 8 8
Acres 47.45 63.38 40.17
Yield per acre (ton) 1.42 0.87 1.95
Operators share of yield % 100.00 100.00 100.00
Value per ton 24.48 27.22 26.73
Total product return per acre 34.66 23.72 52.22
Miscellaneous income per acre 0.07 - -
Gross return per acre 34.73 23.72 52.22
Direct Expenses
Fuel & oil 6.30 8.91 4.83
Repairs 7.33 7.73 5.42
Land rent 6.54 5.89 4.46
Operating interest 1.89 2.73 1.93
Miscellaneous 0.70 0.32 -
Total direct expenses per acre 22.77 25.58 16.64
Return over direct exp per acre 11.97 -1.86 35.58
Overhead Expenses
Hired labor 1.19 3.00 0.57
Machinery & bldg leases 0.40 0.88 0.01
Farm insurance 1.05 1.80 0.87
Utilities 0.64 0.96 0.51
Interest 3.72 6.81 2.86
Mach & bldg depreciation 3.84 5.31 3.24
Miscellaneous 1.44 2.48 0.66
Total overhead expenses per acre 12.28 21.24 8.73
Total dir & ovhd expenses per acre 35.05 46.82 25.37
Net return per acre -0.32 -23.10 26.85
Lbr & mgt charge per acre 9.01 10.14 9.11
Net return over lbr & mgt -9.33 -33.25 17.74
Government payments 0.75 0.48 -
Net return with govt payments -8.57 -32.77 17.74
Cost of Production
Total direct expense per ton 16.08 29.36 8.52
Total dir & ovhd exp per ton 24.76 53.74 12.99
With labor & management 31.12 65.38 17.65
Total exp less govt & oth income 30.53 64.83 17.65