TABLE 11 - 59
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Small Grain on Cash Rent
Avg. Of
All Farms
Number of fields 18
Number of farms 14
Acres 71.11
Yield per acre (ton) 1.31
Operators share of yield % 100.00
Value per ton 34.06
Total product return per acre 44.60
Miscellaneous income per acre 6.10
Gross return per acre 50.70
Direct Expenses
Seed 3.87
Fertilizer 4.79
Crop chemicals 1.72
Crop insurance 1.70
Fuel & oil 6.68
Repairs 7.69
Land rent 13.21
Operating interest 2.13
Miscellaneous 0.23
Total direct expenses per acre 42.03
Return over direct exp per acre 8.67
Overhead Expenses
Hired labor 0.98
Farm insurance 0.77
Utilities 0.82
Dues & professional fees 0.49
Interest 3.31
Mach & bldg depreciation 3.40
Miscellaneous 1.35
Total overhead expenses per acre 11.12
Total dir & ovhd expenses per acre 53.15
Net return per acre -2.45
Lbr & mgt charge per acre 9.66
Net return over lbr & mgt -12.11
Government payments 5.55
Net return with govt payments -6.56
Cost of Production
Total direct expense per ton 32.09
Total dir & ovhd exp per ton 40.59
With labor & management 47.96
Total exp less govt & oth income 39.06