TABLE 11 - 9
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 113 17 24
Number of farms 81 16 16
Acres 103.89 97.12 127.68
Yield per acre (bushel) 53.23 44.43 65.91
Operators share of yield % 100.00 100.00 100.00
Value per bushel 1.89 1.53 2.13
Other product return per acre 0.13 0.23 -
Total product return per acre 100.73 68.12 140.49
Miscellaneous income per acre 2.77 1.56 6.19
Gross return per acre 103.50 69.68 146.68
Direct Expenses
Seed 6.25 6.49 6.69
Fertilizer 15.94 17.57 18.56
Crop chemicals 10.17 14.02 11.30
Crop insurance 5.43 5.18 6.35
Fuel & oil 7.63 9.14 7.65
Repairs 10.72 14.63 7.73
Custom hire 1.57 0.67 4.27
Operating interest 2.57 3.74 1.70
Miscellaneous 0.61 - 1.20
Total direct expenses per acre 60.89 71.44 65.46
Return over direct exp per acre 42.61 -1.76 81.22
Overhead Expenses
Hired labor 2.42 2.64 3.36
Machinery & bldg leases 1.11 0.58 1.21
RE & pers. property taxes 4.28 5.00 4.32
Farm insurance 1.68 1.15 1.83
Utilities 1.54 1.95 1.46
Interest 13.70 21.89 8.60
Mach & bldg depreciation 7.38 7.87 10.12
Miscellaneous 2.95 3.91 2.60
Total overhead expenses per acre 35.07 44.98 33.48
Total dir & ovhd expenses per acre 95.96 116.42 98.94
Net return per acre 7.54 -46.75 47.74
Lbr & mgt charge per acre 13.20 13.22 13.26
Net return over lbr & mgt -5.66 -59.97 34.48
Government payments 16.50 18.92 17.37
Net return with govt payments 10.84 -41.04 51.86
Cost of Production
Total direct expense per bushel 1.14 1.61 0.99
Total dir & ovhd exp per bushel 1.80 2.62 1.50
With labor & management 2.05 2.92 1.70
Total exp less govt & oth income 1.69 2.45 1.34