TABLE 11 - 33
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 133 18 27
Number of farms 61 12 12
Acres 101.12 119.17 101.01
Yield per acre (cwt) 14.24 10.73 18.78
Operators share of yield % 100.00 100.00 100.00
Value per cwt 10.62 9.57 11.23
Total product return per acre 151.16 102.71 211.01
Miscellaneous income per acre 1.69 4.78 0.11
Gross return per acre 152.85 107.49 211.12
Direct Expenses
Seed 15.08 16.46 14.25
Fertilizer 14.39 16.65 16.24
Crop chemicals 13.96 12.66 14.20
Crop insurance 5.54 7.17 5.67
Fuel & oil 7.86 9.20 8.57
Repairs 11.78 11.38 9.65
Custom hire 2.38 1.38 3.31
Land rent 27.71 23.94 29.17
Operating interest 3.56 3.87 2.62
Miscellaneous 0.37 0.44 -
Total direct expenses per acre 102.63 103.14 103.69
Return over direct exp per acre 50.22 4.35 107.42
Overhead Expenses
Hired labor 3.67 9.01 2.89
Machinery & bldg leases 1.78 0.51 2.22
Farm insurance 1.62 1.76 1.84
Utilities 1.40 1.30 1.77
Interest 4.17 5.71 2.37
Mach & bldg depreciation 8.27 7.36 8.71
Miscellaneous 2.36 2.53 1.72
Total overhead expenses per acre 23.26 28.18 21.52
Total dir & ovhd expenses per acre 125.89 131.32 125.21
Net return per acre 26.96 -23.83 85.91
Lbr & mgt charge per acre 13.80 13.46 13.84
Net return over lbr & mgt 13.16 -37.30 72.07
Government payments 16.23 17.44 15.92
Net return with govt payments 29.39 -19.86 87.98
Cost of Production
Total direct expense per cwt 7.21 9.61 5.52
Total dir & ovhd exp per cwt 8.84 12.24 6.67
With labor & management 9.81 13.49 7.40
Total exp less govt & oth income 8.55 11.42 6.55