TABLE 11 - 60
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Summer Annual Grass on Cash Rent
Avg. Of
All Farms
Number of fields 10
Number of farms 9
Acres 32.98
Yield per acre (ton) 1.69
Operators share of yield % 100.00
Value per ton 34.38
Total product return per acre 58.26
Miscellaneous income per acre 10.72
Gross return per acre 68.98
Direct Expenses
Seed 7.88
Fertilizer 4.32
Crop chemicals 3.30
Crop insurance 1.14
Fuel & oil 7.20
Repairs 13.13
Custom hire 0.93
Land rent 17.86
Operating interest 3.50
Miscellaneous 0.53
Total direct expenses per acre 59.80
Return over direct exp per acre 9.19
Overhead Expenses
Hired labor 1.06
Farm insurance 2.26
Utilities 1.38
Interest 7.91
Mach & bldg depreciation 8.99
Miscellaneous 5.59
Total overhead expenses per acre 27.19
Total dir & ovhd expenses per acre 86.99
Net return per acre -18.00
Lbr & mgt charge per acre 20.02
Net return over lbr & mgt -38.02
Government payments 13.77
Net return with govt payments -24.25
Cost of Production
Total direct expense per ton 35.29
Total dir & ovhd exp per ton 51.33
With labor & management 63.14
Total exp less govt & oth income 48.69