TABLE 11 - 11
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 102 12 24
Number of farms 51 10 10
Acres 92.33 99.20 90.72
Yield per acre (bushel) 54.20 40.68 67.16
Operators share of yield % 68.32 65.29 69.26
Value per bushel 1.90 1.47 2.07
Other product return per acre 0.04 0.34 -
Total product return per acre 70.86 41.01 96.15
Miscellaneous income per acre 3.89 3.71 0.27
Gross return per acre 74.76 44.72 96.41
Direct Expenses
Seed 6.15 4.66 6.44
Fertilizer 15.11 12.03 17.05
Crop chemicals 10.64 7.13 12.03
Crop insurance 4.33 5.23 4.63
Fuel & oil 7.95 9.67 8.29
Repairs 11.02 13.55 9.04
Custom hire 0.99 1.53 0.30
Operating interest 2.90 5.47 1.45
Miscellaneous 0.51 0.40 -
Total direct expenses per acre 59.61 59.67 59.25
Return over direct exp per acre 15.15 -14.96 37.17
Overhead Expenses
Hired labor 3.13 3.13 2.16
Machinery & bldg leases 1.77 0.72 0.33
Farm insurance 1.58 1.33 1.34
Utilities 1.26 1.46 0.92
Dues & professional fees 0.54 0.48 0.16
Interest 3.25 5.12 3.00
Mach & bldg depreciation 7.23 7.27 7.42
Miscellaneous 1.89 2.11 1.56
Total overhead expenses per acre 20.65 21.62 16.90
Total dir & ovhd expenses per acre 80.26 81.29 76.15
Net return per acre -5.50 -36.58 20.27
Lbr & mgt charge per acre 12.91 13.46 12.09
Net return over lbr & mgt -18.41 -50.03 8.17
Government payments 11.49 13.96 10.80
Net return with govt payments -6.92 -36.08 18.97
Cost of Production
Total direct expense per bushel 1.61 2.25 1.27
Total dir & ovhd exp per bushel 2.17 3.06 1.64
With labor & management 2.52 3.57 1.90
Total exp less govt & oth income 2.10 2.89 1.66