TABLE 11 - 62
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Prevented Planting on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 103 11 26
Number of farms 54 10 11
Acres 67.95 64.15 61.47
Yield per acre (unit) - - -
Operators share of yield % 67.09 63.62 69.30
Value per unit - - -
Other product return per acre - - -
Total product return per acre - - -
Miscellaneous income per acre 40.86 24.32 59.41
Gross return per acre 40.86 24.32 59.41
Direct Expenses
Crop chemicals 2.37 2.06 2.34
Crop insurance 3.35 3.26 3.41
Fuel & oil 2.88 5.37 2.50
Repairs 3.63 6.25 2.92
Operating interest 0.99 0.58 1.47
Miscellaneous 0.29 - -
Total direct expenses per acre 13.50 17.51 12.64
Return over direct exp per acre 27.36 6.82 46.77
Overhead Expenses
Hired labor 1.24 1.94 2.11
Machinery & bldg leases 0.88 0.73 0.44
Farm insurance 0.59 1.02 0.53
Utilities 0.51 1.21 0.38
Dues & professional fees 0.14 0.67 0.20
Interest 1.30 3.39 1.12
Mach & bldg depreciation 2.52 4.07 2.95
Miscellaneous 0.74 0.56 0.61
Total overhead expenses per acre 7.91 13.59 8.34
Total dir & ovhd expenses per acre 21.42 31.10 20.98
Net return per acre 19.44 -6.77 38.43
Lbr & mgt charge per acre 5.10 8.78 3.30
Net return over lbr & mgt 14.35 -15.56 35.13
Government payments 12.11 11.74 11.34
Net return with govt payments 26.45 -3.82 46.47