TABLE 11 - 28
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Peas, Field on Cash Rent
Avg. Of
All Farms
Number of fields 16
Number of farms 7
Acres 60.36
Yield per acre (bushel) 23.53
Operators share of yield % 100.00
Value per bushel 3.47
Total product return per acre 81.63
Miscellaneous income per acre 1.24
Gross return per acre 82.88
Direct Expenses
Seed 19.69
Fertilizer 1.55
Crop chemicals 11.96
Crop insurance 3.01
Fuel & oil 6.68
Repairs 11.55
Custom hire 5.44
Land rent 27.73
Operating interest 2.89
Total direct expenses per acre 90.50
Return over direct exp per acre -7.62
Overhead Expenses
Hired labor 4.91
Machinery & bldg leases 0.60
Farm insurance 0.90
Utilities 0.89
Dues & professional fees 0.63
Interest 2.37
Mach & bldg depreciation 7.20
Miscellaneous 2.15
Total overhead expenses per acre 19.64
Total dir & ovhd expenses per acre 110.14
Net return per acre -27.27
Lbr & mgt charge per acre 11.25
Net return over lbr & mgt -38.51
Government payments 15.32
Net return with govt payments -23.19
Cost of Production
Total direct expense per bushel 3.85
Total dir & ovhd exp per bushel 4.68
With labor & management 5.16
Total exp less govt & oth income 4.46