TABLE 11 - 27
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Oats on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 55 9 9
Number of farms 43 8 8
Acres 45.80 54.70 41.22
Yield per acre (bushel) 53.46 32.58 78.64
Operators share of yield % 100.00 100.00 100.00
Value per bushel 1.16 1.10 1.30
Other product return per acre 1.47 - 9.97
Total product return per acre 63.38 35.99 112.14
Miscellaneous income per acre 4.85 2.78 3.60
Gross return per acre 68.23 38.76 115.74
Direct Expenses
Seed 5.03 5.25 6.14
Fertilizer 8.28 8.46 12.19
Crop chemicals 3.30 5.35 3.10
Crop insurance 2.53 3.96 1.71
Fuel & oil 7.56 9.66 7.52
Repairs 10.84 13.78 8.52
Custom hire 2.90 1.21 2.77
Operating interest 3.45 4.02 0.80
Miscellaneous 0.08 - 0.05
Total direct expenses per acre 44.67 51.69 42.81
Return over direct exp per acre 23.56 -12.92 72.93
Overhead Expenses
Hired labor 1.84 2.67 0.83
RE & pers. property taxes 2.85 3.46 3.56
Farm insurance 1.77 2.60 1.78
Utilities 1.47 2.12 0.90
Dues & professional fees 0.40 0.58 0.76
Interest 11.10 10.79 10.30
Mach & bldg depreciation 7.87 8.74 7.09
Miscellaneous 2.55 2.97 2.02
Total overhead expenses per acre 29.86 33.92 27.25
Total dir & ovhd expenses per acre 74.53 85.61 70.06
Net return per acre -6.30 -46.85 45.68
Lbr & mgt charge per acre 13.75 13.03 14.76
Net return over lbr & mgt -20.06 -59.88 30.93
Government payments 16.76 19.62 15.89
Net return with govt payments -3.29 -40.26 46.81
Cost of Production
Total direct expense per bushel 0.84 1.59 0.54
Total dir & ovhd exp per bushel 1.39 2.63 0.89
With labor & management 1.65 3.03 1.08
Total exp less govt & oth income 1.22 2.34 0.70