TABLE 11 - 22
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn Silage on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 27 6 5
Number of farms 26 5 5
Acres 59.38 37.38 64.40
Yield per acre (ton) 11.16 7.62 15.97
Operators share of yield % 100.00 100.00 100.00
Value per ton 17.29 15.68 17.52
Total product return per acre 192.99 119.53 279.71
Miscellaneous income per acre 3.61 3.70 2.05
Gross return per acre 196.60 123.23 281.76
Direct Expenses
Seed 19.77 18.35 19.41
Fertilizer 22.12 35.04 13.57
Crop chemicals 15.21 15.61 19.40
Crop insurance 3.68 3.26 3.43
Fuel & oil 13.00 20.14 15.60
Repairs 18.58 32.96 17.74
Custom hire 6.21 14.32 0.54
Land rent 25.83 26.32 30.04
Operating interest 3.11 4.63 4.33
Miscellaneous 1.96 10.46 2.42
Total direct expenses per acre 129.47 181.10 126.47
Return over direct exp per acre 67.12 -57.87 155.29
Overhead Expenses
Hired labor 9.78 13.16 5.30
Machinery & bldg leases 1.40 1.06 3.97
Farm insurance 1.85 2.33 2.07
Utilities 2.26 3.25 2.10
Dues & professional fees 0.34 0.33 0.69
Interest 6.47 5.37 3.69
Mach & bldg depreciation 9.67 10.55 13.77
Miscellaneous 2.55 2.68 3.44
Total overhead expenses per acre 34.32 38.73 35.02
Total dir & ovhd expenses per acre 163.79 219.83 161.49
Net return per acre 32.81 -96.60 120.27
Lbr & mgt charge per acre 19.13 26.44 23.11
Net return over lbr & mgt 13.67 -123.04 97.16
Government payments 17.13 17.83 17.57
Net return with govt payments 30.80 -105.22 114.73
Cost of Production
Total direct expense per ton 11.60 23.76 7.92
Total dir & ovhd exp per ton 14.67 28.85 10.11
With labor & management 16.39 32.32 11.56
Total exp less govt & oth income 14.53 29.49 10.33