TABLE 11 - 16
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Canola on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 77 13 14
Number of farms 45 9 9
Acres 92.82 85.37 144.67
Yield per acre (cwt) 14.01 11.57 16.81
Operators share of yield % 100.00 100.00 100.00
Value per cwt 10.11 9.24 10.59
Total product return per acre 141.61 106.85 178.00
Miscellaneous income per acre 1.34 2.41 1.30
Gross return per acre 142.95 109.26 179.30
Direct Expenses
Seed 21.09 24.59 22.82
Fertilizer 19.44 22.43 21.17
Crop chemicals 17.49 9.89 22.31
Crop insurance 6.76 6.05 5.38
Fuel & oil 6.98 6.61 6.92
Repairs 10.79 8.92 9.34
Custom hire 4.90 21.47 2.44
Operating interest 1.89 1.52 0.42
Miscellaneous 0.37 - 0.03
Total direct expenses per acre 89.73 101.49 90.82
Return over direct exp per acre 53.22 7.77 88.48
Overhead Expenses
Hired labor 3.28 7.08 3.09
Machinery & bldg leases 0.70 0.13 0.48
RE & pers. property taxes 4.62 7.38 4.06
Farm insurance 1.82 2.44 1.62
Utilities 1.87 2.28 1.60
Dues & professional fees 0.80 1.12 0.55
Interest 11.46 14.10 4.60
Mach & bldg depreciation 7.38 8.58 8.73
Miscellaneous 2.66 3.94 3.05
Total overhead expenses per acre 34.60 47.04 27.78
Total dir & ovhd expenses per acre 124.32 148.53 118.60
Net return per acre 18.62 -39.27 60.71
Lbr & mgt charge per acre 15.05 15.99 13.95
Net return over lbr & mgt 3.57 -55.26 46.76
Government payments 17.93 16.90 17.61
Net return with govt payments 21.50 -38.36 64.36
Cost of Production
Total direct expense per cwt 6.40 8.78 5.40
Total dir & ovhd exp per cwt 8.87 12.84 7.06
With labor & management 9.95 14.23 7.89
Total exp less govt & oth income 8.57 12.56 6.76