TABLE 11 - 61
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Prevented Planting on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 209 36 43
Number of farms 95 19 19
Acres 100.29 89.46 66.84
Yield per acre (unit) - - -
Operators share of yield % 100.00 100.00 100.00
Value per unit - - -
Other product return per acre - - -
Total product return per acre - - -
Miscellaneous income per acre 55.66 30.86 76.63
Gross return per acre 55.66 30.86 76.63
Direct Expenses
Fertilizer 0.24 0.72 -
Crop chemicals 2.72 5.07 1.81
Crop insurance 5.26 4.67 5.40
Fuel & oil 3.42 3.91 1.68
Repairs 4.50 4.49 2.93
Custom hire 0.47 - 0.98
Land rent 28.36 27.77 30.61
Operating interest 1.02 0.88 0.40
Miscellaneous 0.24 - 0.02
Total direct expenses per acre 46.23 47.50 43.81
Return over direct exp per acre 9.43 -16.64 32.82
Overhead Expenses
Hired labor 1.03 1.14 0.63
Machinery & bldg leases 0.81 1.13 0.10
Farm insurance 0.84 1.12 0.55
Utilities 0.75 0.57 0.35
Interest 1.69 2.84 0.62
Mach & bldg depreciation 4.70 4.02 2.04
Miscellaneous 0.95 0.90 0.75
Total overhead expenses per acre 10.76 11.72 5.04
Total dir & ovhd expenses per acre 56.99 59.22 48.85
Net return per acre -1.33 -28.36 27.78
Lbr & mgt charge per acre 6.49 7.64 4.77
Net return over lbr & mgt -7.82 -36.00 23.00
Government payments 16.98 19.78 19.25
Net return with govt payments 9.15 -16.22 42.25