TABLE 11 - 8
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 188 29 38
Number of farms 107 21 21
Acres 131.54 111.14 182.78
Yield per acre (bu.) 45.68 21.30 60.57
Operators share of yield % 100.00 100.00 100.00
Value per bu. 2.85 2.11 3.40
Other product return per acre 0.69 0.61 0.09
Total product return per acre 130.67 45.52 206.20
Miscellaneous income per acre 11.89 22.06 6.09
Gross return per acre 142.56 67.58 212.29
Direct Expenses
Seed 6.72 7.33 6.50
Fertilizer 13.89 14.60 14.70
Crop chemicals 10.74 10.69 10.71
Crop insurance 5.55 4.99 4.69
Fuel & oil 5.33 5.05 5.62
Repairs 9.15 7.75 11.01
Custom hire 2.34 1.53 2.18
Land rent 29.81 27.62 32.26
Operating interest 2.42 1.98 2.64
Miscellaneous 0.18 0.02 0.17
Total direct expenses per acre 86.13 81.57 90.48
Return over direct exp per acre 56.43 -13.99 121.81
Overhead Expenses
Hired labor 3.37 3.77 4.06
Machinery & bldg leases 1.55 1.51 2.08
Farm insurance 1.65 1.50 2.06
Utilities 1.29 1.29 1.46
Dues & professional fees 0.49 0.47 0.82
Interest 2.38 2.46 2.21
Mach & bldg depreciation 7.94 5.39 11.39
Miscellaneous 1.96 1.56 2.62
Total overhead expenses per acre 20.63 17.94 26.70
Total dir & ovhd expenses per acre 106.76 99.51 117.18
Net return per acre 35.80 -31.92 95.11
Lbr & mgt charge per acre 11.90 12.25 12.24
Net return over lbr & mgt 23.90 -44.18 82.87
Government payments 8.98 7.67 10.34
Net return with govt payments 32.88 -36.51 93.21
Cost of Production
Total direct expense per bu. 1.89 3.83 1.49
Total dir & ovhd exp per bu. 2.34 4.67 1.93
With labor & management 2.60 5.25 2.14
Total exp less govt & oth income 2.13 3.82 1.86