TABLE 11 - 7
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Wheat, Winter on Owned Land
Avg. Of
All Farms
Number of fields 7
Number of farms 6
Acres 112.21
Yield per acre (bushel) 30.53
Operators share of yield % 100.00
Value per bushel 2.50
Total product return per acre 76.43
Miscellaneous income per acre 3.08
Gross return per acre 79.50
Direct Expenses
Seed 4.62
Fertilizer 13.98
Crop chemicals 5.75
Crop insurance 4.56
Fuel & oil 6.64
Repairs 9.98
Custom hire 3.00
Operating interest 2.37
Total direct expenses per acre 50.90
Return over direct exp per acre 28.61
Overhead Expenses
Hired labor 0.80
Machinery & bldg leases 0.53
RE & pers. property taxes 3.37
Farm insurance 1.01
Utilities 1.48
Dues & professional fees 1.85
Interest 18.64
Mach & bldg depreciation 5.39
Miscellaneous 3.06
Total overhead expenses per acre 36.12
Total dir & ovhd expenses per acre 87.02
Net return per acre -7.51
Lbr & mgt charge per acre 13.90
Net return over lbr & mgt -21.42
Government payments 21.44
Net return with govt payments 0.03
Cost of Production
Total direct expense per bushel 1.67
Total dir & ovhd exp per bushel 2.85
With labor & management 3.31
Total exp less govt & oth income 2.50