TABLE 11 - 23
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Flax on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 41 6 6
Number of farms 33 6 6
Acres 88.16 65.65 74.25
Yield per acre (bushel) 19.96 12.22 28.33
Operators share of yield % 100.00 100.00 100.00
Value per bushel 5.30 4.95 5.29
Total product return per acre 105.82 60.42 149.90
Miscellaneous income per acre 1.29 1.66 0.06
Gross return per acre 107.11 62.08 149.96
Direct Expenses
Seed 5.77 6.03 6.59
Fertilizer 13.26 14.53 12.56
Crop chemicals 14.95 16.49 17.12
Crop insurance 3.30 4.93 4.86
Fuel & oil 7.50 13.18 6.98
Repairs 9.37 12.24 9.31
Custom hire 8.96 2.19 2.10
Operating interest 1.71 1.92 3.06
Miscellaneous 0.03 0.00 0.24
Total direct expenses per acre 64.84 71.53 62.81
Return over direct exp per acre 42.27 -9.45 87.15
Overhead Expenses
Hired labor 5.42 3.78 1.68
Machinery & bldg leases 0.60 2.76 0.18
RE & pers. property taxes 5.70 4.77 4.37
Farm insurance 2.01 2.22 1.13
Utilities 1.79 0.60 1.07
Dues & professional fees 0.79 0.51 0.62
Interest 15.90 26.33 12.04
Mach & bldg depreciation 7.55 7.49 9.72
Miscellaneous 3.19 2.83 1.77
Total overhead expenses per acre 42.95 51.29 32.58
Total dir & ovhd expenses per acre 107.80 122.82 95.39
Net return per acre -0.68 -60.74 54.57
Lbr & mgt charge per acre 16.09 14.42 13.25
Net return over lbr & mgt -16.77 -75.15 41.32
Government payments 15.74 18.59 18.01
Net return with govt payments -1.04 -56.57 59.33
Cost of Production
Total direct expense per bushel 3.25 5.85 2.22
Total dir & ovhd exp per bushel 5.40 10.05 3.37
With labor & management 6.21 11.23 3.83
Total exp less govt & oth income 5.35 9.58 3.20