TABLE 11 - 9
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Wheat, Winter on Share Rent
Avg. Of
All Farms
Number of fields 7
Number of farms 6
Acres 144.39
Yield per acre (bushel) 50.17
Operators share of yield % 58.50
Value per bushel 2.55
Total product return per acre 72.84
Miscellaneous income per acre 0.69
Gross return per acre 73.53
Direct Expenses
Seed 3.39
Fertilizer 5.85
Crop chemicals 5.21
Crop insurance 3.08
Drying fuel 0.62
Fuel & oil 5.48
Repairs 6.93
Custom hire 1.26
Machinery & bldg leases 1.96
Operating interest 1.58
Total direct expenses per acre 35.37
Return over direct exp per acre 38.16
Overhead Expenses
Hired labor 2.90
Machinery & bldg leases 1.38
Farm insurance 0.57
Utilities 1.84
Dues & professional fees 0.69
Interest 2.02
Mach & bldg depreciation 5.87
Miscellaneous 1.84
Total overhead expenses per acre 17.09
Total dir & ovhd expenses per acre 52.46
Net return per acre 21.06
Lbr & mgt charge per acre 13.84
Net return over lbr & mgt 7.23
Government payments 13.54
Net return with govt payments 20.76
Cost of Production
Total direct expense per bushel 1.21
Total dir & ovhd exp per bushel 1.79
With labor & management 2.26
Total exp less govt & oth income 1.77