TABLE 11 - 53
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Small Grain on Cash Rent
Avg. Of
All Farms
Number of fields 18
Number of farms 16
Acres 66.44
Yield per acre (ton) 1.65
Operators share of yield % 100.00
Value per ton 38.61
Total product return per acre 63.87
Miscellaneous income per acre 4.52
Gross return per acre 68.40
Direct Expenses
Seed 6.70
Fertilizer 13.41
Crop chemicals 2.72
Crop insurance 1.35
Fuel & oil 5.75
Repairs 7.93
Custom hire 1.79
Land rent 17.93
Operating interest 1.49
Miscellaneous 0.40
Total direct expenses per acre 59.48
Return over direct exp per acre 8.92
Overhead Expenses
Hired labor 2.43
Farm insurance 0.93
Utilities 0.92
Dues & professional fees 0.43
Interest 4.36
Mach & bldg depreciation 6.69
Miscellaneous 2.23
Total overhead expenses per acre 18.00
Total dir & ovhd expenses per acre 77.47
Net return per acre -9.08
Lbr & mgt charge per acre 10.59
Net return over lbr & mgt -19.67
Government payments 12.47
Net return with govt payments -7.20
Cost of Production
Total direct expense per ton 35.95
Total dir & ovhd exp per ton 46.83
With labor & management 53.23
Total exp less govt & oth income 42.96