TABLE 11 - 60
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Prevented planting on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 114 19 29
Number of farms 82 16 16
Acres 88.68 100.02 61.16
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 51.24 48.64 63.22
Gross return per acre 51.24 48.64 63.22
Direct Expenses
Crop chemicals 2.86 5.35 0.73
Crop insurance 5.15 7.90 4.57
Fuel & oil 3.40 4.40 2.47
Repairs 5.29 7.23 2.91
Custom hire 0.38 0.97 -
Operating interest 0.74 0.70 0.53
Miscellaneous 0.09 - 0.14
Total direct expenses per acre 17.90 26.55 11.36
Return over direct exp per acre 33.34 22.09 51.86
Overhead Expenses
Hired labor 1.07 1.40 0.75
Machinery & bldg leases 0.38 0.54 0.25
RE & pers. property taxes 4.39 4.46 4.29
Farm insurance 1.02 1.38 0.93
Utilities 0.79 1.00 0.71
Dues & professional fees 0.47 1.08 0.07
Interest 14.01 28.75 7.80
Mach & bldg depreciation 4.18 5.11 2.88
Miscellaneous 0.86 1.09 1.11
Total overhead expenses per acre 27.15 44.81 18.79
Total dir & ovhd expenses per acre 45.05 71.36 30.15
Net return per acre 6.19 -22.72 33.07
Lbr & mgt charge per acre 5.86 6.40 4.65
Net return over lbr & mgt 0.32 -29.12 28.42
Government payments 18.45 20.50 17.88
Net return with govt payments 18.78 -8.61 46.30