TABLE 11 - 49
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Native Grass on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 84 8 13
Number of farms 37 7 7
Acres 41.10 69.93 34.00
Yield per acre (ton) 1.44 0.92 1.96
Operators share of yield % 100.00 100.00 100.00
Value per ton 26.51 27.30 28.04
Total product return per acre 38.11 25.13 54.98
Miscellaneous income per acre - - -
Gross return per acre 38.11 25.13 54.98
Direct Expenses
Fuel & oil 6.86 11.50 5.30
Repairs 6.61 10.29 4.86
Land rent 6.94 8.60 5.78
Operating interest 1.47 1.73 1.11
Miscellaneous 0.32 0.34 0.40
Total direct expenses per acre 22.20 32.45 17.45
Return over direct exp per acre 15.91 -7.33 37.53
Overhead Expenses
Hired labor 1.64 1.87 0.86
Machinery & bldg leases 0.31 1.05 -
Farm insurance 0.99 1.17 0.98
Utilities 0.70 1.55 0.62
Interest 3.29 3.37 3.81
Mach & bldg depreciation 6.37 7.15 3.31
Miscellaneous 1.47 4.07 0.91
Total overhead expenses per acre 14.76 20.22 10.48
Total dir & ovhd expenses per acre 36.96 52.68 27.93
Net return per acre 1.15 -27.55 27.05
Lbr & mgt charge per acre 9.09 10.80 9.86
Net return over lbr & mgt -7.94 -38.35 17.19
Government payments - - -
Net return with govt payments -7.94 -38.35 17.19
Cost of Production
Total direct expense per ton 15.44 35.26 8.90
Total dir & ovhd exp per ton 25.71 57.23 14.24
With labor & management 32.03 68.96 19.27
Total exp less govt & oth income 32.03 68.96 19.27