TABLE 11 - 10
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 145 25 27
Number of farms 87 17 17
Acres 113.10 106.57 94.32
Yield per acre (bushel) 54.15 41.65 60.51
Operators share of yield % 100.00 100.00 100.00
Value per bushel 1.93 1.56 2.35
Other product return per acre 0.06 0.39 -
Total product return per acre 104.75 65.24 142.10
Miscellaneous income per acre 2.58 0.71 13.24
Gross return per acre 107.32 65.96 155.34
Direct Expenses
Seed 5.76 5.74 7.94
Fertilizer 16.69 17.79 19.41
Crop chemicals 9.72 12.91 10.65
Crop insurance 5.43 5.99 6.30
Fuel & oil 7.61 9.75 6.25
Repairs 10.75 15.40 10.13
Custom hire 2.41 0.16 4.45
Land rent 29.29 28.14 29.79
Operating interest 3.19 4.01 1.66
Miscellaneous 0.21 0.09 0.16
Total direct expenses per acre 91.05 99.98 96.75
Return over direct exp per acre 16.27 -34.03 58.59
Overhead Expenses
Hired labor 3.20 3.85 1.98
Machinery & bldg leases 2.03 0.21 1.24
Farm insurance 1.69 1.46 1.96
Utilities 1.36 1.65 1.84
Dues & professional fees 0.48 0.58 0.34
Interest 3.38 3.24 2.47
Mach & bldg depreciation 7.86 7.88 7.62
Miscellaneous 2.42 2.00 2.62
Total overhead expenses per acre 22.42 20.88 20.06
Total dir & ovhd expenses per acre 113.47 120.86 116.81
Net return per acre -6.15 -54.90 38.53
Lbr & mgt charge per acre 13.29 14.68 14.49
Net return over lbr & mgt -19.44 -69.58 24.05
Government payments 16.89 17.78 16.64
Net return with govt payments -2.55 -51.80 40.69
Cost of Production
Total direct expense per bushel 1.68 2.40 1.60
Total dir & ovhd exp per bushel 2.10 2.90 1.93
With labor & management 2.34 3.25 2.17
Total exp less govt & oth income 1.98 2.80 1.68