TABLE 11 - 57
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Fallow on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 31 8 5
Number of farms 28 5 5
Acres 64.75 47.20 95.04
Yield per acre (unit) - - -
Operators share of yield % 100.00 100.00 100.00
Value per unit - - -
Total product return per acre - - -
Miscellaneous income per acre - - -
Gross return per acre - - -
Direct Expenses
Crop chemicals 2.36 3.32 0.18
Fuel & oil 5.51 7.41 3.15
Repairs 6.16 9.29 5.77
Operating interest 1.37 0.74 1.80
Miscellaneous 0.08 0.42 -
Total direct expenses per acre 15.47 21.19 10.90
Return over direct exp per acre -15.47 -21.19 -10.90
Overhead Expenses
Hired labor 0.81 0.58 0.21
Machinery & bldg leases 0.19 0.81 0.02
RE & pers. property taxes 2.96 1.99 3.67
Farm insurance 0.99 1.77 0.53
Utilities 1.08 1.68 0.33
Dues & professional fees 0.35 1.35 0.07
Interest 13.54 22.43 6.34
Mach & bldg depreciation 5.64 8.14 6.41
Miscellaneous 2.09 2.17 1.04
Total overhead expenses per acre 27.65 40.93 18.63
Total dir & ovhd expenses per acre 43.12 62.12 29.53
Net return per acre -43.12 -62.12 -29.53
Lbr & mgt charge per acre 9.41 12.52 8.99
Net return over lbr & mgt -52.53 -74.64 -38.52
Government payments 14.08 19.36 8.74
Net return with govt payments -38.45 -55.28 -29.78