TABLE 11 - 58
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Small Grain on Owned Land
Avg. Of
All Farms
Number of fields 11
Number of farms 11
Acres 99.51
Yield per acre (ton) 1.79
Operators share of yield % 100.00
Value per ton 34.20
Total product return per acre 61.10
Miscellaneous income per acre 22.95
Gross return per acre 84.05
Direct Expenses
Seed 6.37
Fertilizer 7.83
Crop chemicals 1.16
Crop insurance 0.78
Fuel & oil 5.05
Repairs 8.00
Operating interest 1.53
Miscellaneous 1.09
Total direct expenses per acre 31.81
Return over direct exp per acre 52.24
Overhead Expenses
Hired labor 1.18
RE & pers. property taxes 3.34
Farm insurance 1.90
Utilities 2.07
Interest 16.96
Mach & bldg depreciation 8.60
Miscellaneous 3.03
Total overhead expenses per acre 37.07
Total dir & ovhd expenses per acre 68.88
Net return per acre 15.17
Lbr & mgt charge per acre 14.91
Net return over lbr & mgt 0.26
Government payments 14.16
Net return with govt payments 14.42
Cost of Production
Total direct expense per ton 17.80
Total dir & ovhd exp per ton 38.55
With labor & management 46.90
Total exp less govt & oth income 26.13