TABLE 11 - 54
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
CRP on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 91 14 19
Number of farms 65 13 13
Acres 164.07 143.91 203.88
Yield per acre (unit) 33.95 33.93 39.79
Operators share of yield % 100.00 100.00 100.00
Value per unit 1.00 1.00 1.00
Total product return per acre 33.95 33.93 39.79
Miscellaneous income per acre - - -
Gross return per acre 33.95 33.93 39.79
Direct Expenses
Seed 0.28 2.01 -
Crop chemicals 0.87 1.79 0.64
Fuel & oil 0.59 1.97 0.31
Repairs 0.66 1.78 0.43
Miscellaneous 0.63 3.80 0.15
Total direct expenses per acre 3.02 11.34 1.53
Return over direct exp per acre 30.94 22.59 38.26
Overhead Expenses
Hired labor 0.50 2.63 0.17
RE & pers. property taxes 3.54 4.61 4.12
Farm insurance 0.35 0.54 0.89
Interest 7.71 12.38 3.51
Mach & bldg depreciation 0.64 2.30 0.39
Miscellaneous 0.73 0.83 0.82
Total overhead expenses per acre 13.47 23.30 9.90
Total dir & ovhd expenses per acre 16.48 34.64 11.43
Net return per acre 17.47 -0.71 28.36