TABLE 11 - 18
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Canola on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 82 13 17
Number of farms 45 9 9
Acres 101.41 99.18 104.45
Yield per acre (cwt) 14.79 9.91 19.45
Operators share of yield % 67.74 69.69 68.67
Value per cwt 9.95 9.96 9.71
Total product return per acre 100.70 68.10 129.57
Miscellaneous income per acre 1.23 7.58 -
Gross return per acre 101.93 75.68 129.57
Direct Expenses
Seed 18.65 19.92 18.00
Fertilizer 19.01 22.71 21.72
Crop chemicals 14.51 18.50 12.06
Crop insurance 5.03 8.28 3.89
Fuel & oil 7.55 7.90 7.48
Repairs 10.33 9.37 9.81
Custom hire 3.26 2.23 1.85
Operating interest 2.87 3.69 2.21
Miscellaneous 1.32 2.71 0.10
Total direct expenses per acre 82.54 95.32 77.12
Return over direct exp per acre 19.39 -19.64 52.45
Overhead Expenses
Hired labor 3.91 3.32 5.24
Machinery & bldg leases 3.33 15.49 1.54
Farm insurance 1.58 2.41 1.32
Utilities 1.29 1.24 1.01
Dues & professional fees 0.72 0.93 0.38
Interest 3.14 4.04 2.58
Mach & bldg depreciation 6.63 6.82 5.68
Miscellaneous 1.92 3.46 2.08
Total overhead expenses per acre 22.51 37.71 19.82
Total dir & ovhd expenses per acre 105.05 133.02 96.94
Net return per acre -3.12 -57.35 32.62
Lbr & mgt charge per acre 12.96 13.48 13.23
Net return over lbr & mgt -16.08 -70.82 19.39
Government payments 11.86 11.56 12.47
Net return with govt payments -4.22 -59.27 31.86
Cost of Production
Total direct expense per cwt 8.24 13.80 5.77
Total dir & ovhd exp per cwt 10.49 19.27 7.26
With labor & management 11.78 21.22 8.25
Total exp less govt & oth income 10.47 18.45 7.32