TABLE 11 - 57
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Oats on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 39 6 7
Number of farms 32 6 6
Acres 66.14 90.28 57.67
Yield per acre (ton) 2.04 0.67 3.53
Operators share of yield % 100.00 100.00 100.00
Value per ton 35.20 40.09 33.04
Total product return per acre 71.74 26.97 116.81
Miscellaneous income per acre 7.15 3.46 13.65
Gross return per acre 78.88 30.43 130.46
Direct Expenses
Seed 6.00 6.97 4.25
Fertilizer 8.77 12.35 8.90
Crop chemicals 2.62 2.89 0.05
Crop insurance 0.50 0.26 0.20
Fuel & oil 5.06 4.11 6.33
Repairs 6.90 6.44 5.98
Custom hire 1.75 0.42 2.89
Land rent 18.87 17.16 21.07
Operating interest 2.40 5.31 1.30
Miscellaneous 1.23 - 2.55
Total direct expenses per acre 54.10 55.91 53.53
Return over direct exp per acre 24.78 -25.47 76.93
Overhead Expenses
Hired labor 2.63 1.14 0.20
Machinery & bldg leases 0.61 0.69 2.27
Farm insurance 1.12 0.80 0.87
Utilities 0.96 0.85 0.62
Interest 2.55 4.11 3.13
Mach & bldg depreciation 4.71 2.39 4.91
Miscellaneous 1.77 1.37 2.40
Total overhead expenses per acre 14.34 11.35 14.40
Total dir & ovhd expenses per acre 68.44 67.26 67.93
Net return per acre 10.44 -36.83 62.53
Lbr & mgt charge per acre 9.88 8.29 10.52
Net return over lbr & mgt 0.56 -45.11 52.01
Government payments 14.51 10.89 17.12
Net return with govt payments 15.07 -34.22 69.13
Cost of Production
Total direct expense per ton 26.55 83.10 15.14
Total dir & ovhd exp per ton 33.58 99.97 19.22
With labor & management 38.43 112.29 22.19
Total exp less govt & oth income 27.80 90.96 13.49