TABLE 11 - 21
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn Silage on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 32 6 6
Number of farms 31 6 6
Acres 49.15 40.33 46.17
Yield per acre (ton) 9.15 6.43 13.17
Operators share of yield % 100.00 100.00 100.00
Value per ton 17.13 15.66 18.36
Other product return per acre 0.32 - 1.81
Total product return per acre 156.98 100.78 243.55
Miscellaneous income per acre 10.35 9.27 0.42
Gross return per acre 167.33 110.05 243.97
Direct Expenses
Seed 18.66 19.71 21.55
Fertilizer 14.32 10.74 7.67
Crop chemicals 14.49 9.26 13.60
Crop insurance 3.18 4.28 3.65
Fuel & oil 14.34 18.91 14.20
Repairs 19.10 29.17 22.55
Custom hire 4.04 - 2.06
Hired labor 0.32 - 1.79
Operating interest 3.17 3.28 4.34
Miscellaneous 0.53 - 0.08
Total direct expenses per acre 92.14 95.35 91.49
Return over direct exp per acre 75.19 14.70 152.48
Overhead Expenses
Hired labor 4.33 5.68 3.97
Machinery & bldg leases 1.33 3.45 0.57
RE & pers. property taxes 3.47 4.29 3.50
Farm insurance 2.06 3.45 2.12
Utilities 2.42 3.90 1.97
Dues & professional fees 0.43 0.74 0.89
Interest 16.04 17.99 14.37
Mach & bldg depreciation 11.01 9.03 14.08
Miscellaneous 5.27 11.67 2.77
Total overhead expenses per acre 46.37 60.20 44.23
Total dir & ovhd expenses per acre 138.50 155.56 135.72
Net return per acre 28.82 -45.50 108.25
Lbr & mgt charge per acre 21.00 24.89 22.60
Net return over lbr & mgt 7.83 -70.40 85.65
Government payments 16.52 24.03 15.50
Net return with govt payments 24.34 -46.37 101.15
Cost of Production
Total direct expense per ton 10.07 14.82 6.95
Total dir & ovhd exp per ton 15.14 24.18 10.31
With labor & management 17.44 28.05 12.02
Total exp less govt & oth income 14.46 22.87 10.68