TABLE 11 - 34
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 66 10 10
Number of farms 34 6 6
Acres 86.54 65.39 129.76
Yield per acre (cwt) 15.76 12.79 18.35
Operators share of yield % 66.83 58.71 66.97
Value per cwt 10.37 9.97 10.95
Total product return per acre 108.78 73.97 132.70
Miscellaneous income per acre 0.51 0.43 -
Gross return per acre 109.28 74.40 132.70
Direct Expenses
Seed 14.05 12.03 13.47
Fertilizer 13.43 9.70 14.82
Crop chemicals 12.21 10.10 11.15
Crop insurance 4.90 5.83 3.53
Fuel & oil 9.24 9.76 9.23
Repairs 13.60 15.52 10.39
Custom hire 2.57 2.91 -
Machinery & bldg leases 0.90 0.10 3.93
Operating interest 2.55 2.49 1.61
Miscellaneous 0.43 - 0.13
Total direct expenses per acre 73.88 68.44 68.25
Return over direct exp per acre 35.40 5.96 64.44
Overhead Expenses
Hired labor 2.81 1.10 1.36
Machinery & bldg leases 0.85 1.71 1.05
Farm insurance 1.51 1.66 1.37
Utilities 1.28 1.39 0.93
Dues & professional fees 0.30 1.06 0.16
Interest 3.64 4.55 1.86
Mach & bldg depreciation 7.52 15.32 6.31
Miscellaneous 1.43 3.78 0.55
Total overhead expenses per acre 19.34 30.58 13.59
Total dir & ovhd expenses per acre 93.22 99.02 81.84
Net return per acre 16.06 -24.61 50.86
Lbr & mgt charge per acre 14.56 18.41 15.91
Net return over lbr & mgt 1.50 -43.03 34.95
Government payments 12.34 9.82 13.01
Net return with govt payments 13.84 -33.21 47.96
Cost of Production
Total direct expense per cwt 7.01 9.11 5.55
Total dir & ovhd exp per cwt 8.85 13.18 6.66
With labor & management 10.23 15.63 7.95
Total exp less govt & oth income 9.01 14.27 6.89