TABLE 11 - 24
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Flax on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 76 11 21
Number of farms 49 9 10
Acres 98.33 145.86 73.16
Yield per acre (bushel) 19.75 13.82 25.95
Operators share of yield % 100.00 100.00 100.00
Value per bushel 5.25 4.82 5.25
Other product return per acre 0.02 - 0.11
Total product return per acre 103.75 66.63 136.34
Miscellaneous income per acre 1.15 2.86 -
Gross return per acre 104.89 69.49 136.34
Direct Expenses
Seed 5.66 6.20 5.37
Fertilizer 16.15 22.49 13.89
Crop chemicals 17.36 19.78 15.57
Crop insurance 4.68 6.72 2.99
Fuel & oil 7.45 7.85 6.60
Repairs 10.28 12.02 8.32
Custom hire 2.73 2.03 1.55
Land rent 28.23 32.38 25.81
Operating interest 2.51 3.39 1.46
Miscellaneous 0.02 - -
Total direct expenses per acre 95.07 112.86 81.57
Return over direct exp per acre 9.82 -43.37 54.77
Overhead Expenses
Hired labor 2.98 2.81 5.26
Machinery & bldg leases 1.08 1.16 0.16
Farm insurance 1.31 1.79 1.53
Utilities 1.31 1.58 0.99
Dues & professional fees 0.61 0.36 0.90
Interest 3.31 4.97 2.96
Mach & bldg depreciation 9.31 13.42 7.95
Miscellaneous 2.25 3.66 1.34
Total overhead expenses per acre 22.15 29.75 21.08
Total dir & ovhd expenses per acre 117.22 142.61 102.66
Net return per acre -12.33 -73.12 33.68
Lbr & mgt charge per acre 13.65 14.02 12.51
Net return over lbr & mgt -25.97 -87.15 21.17
Government payments 16.72 16.32 14.55
Net return with govt payments -9.25 -70.83 35.72
Cost of Production
Total direct expense per bushel 4.81 8.17 3.14
Total dir & ovhd exp per bushel 5.93 10.32 3.96
With labor & management 6.62 11.34 4.44
Total exp less govt & oth income 5.72 9.95 3.87