TABLE 11 - 7
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 121 19 30
Number of farms 82 16 16
Acres 99.06 77.74 61.98
Yield per acre (bu.) 39.24 9.50 56.63
Operators share of yield % 100.00 100.00 100.00
Value per bu. 2.65 1.95 3.33
Other product return per acre 1.73 8.34 -
Total product return per acre 105.64 26.88 188.65
Miscellaneous income per acre 13.65 13.07 6.40
Gross return per acre 119.29 39.96 195.04
Direct Expenses
Seed 7.07 7.11 7.11
Fertilizer 13.32 11.12 14.49
Crop chemicals 10.22 8.82 8.60
Crop insurance 5.51 4.19 6.55
Fuel & oil 5.43 5.23 3.83
Repairs 8.81 9.18 11.14
Custom hire 2.70 0.80 1.91
Operating interest 1.57 2.10 1.62
Miscellaneous 0.10 0.01 -
Total direct expenses per acre 54.73 48.56 55.25
Return over direct exp per acre 64.56 -8.60 139.79
Overhead Expenses
Hired labor 2.60 2.52 1.53
Machinery & bldg leases 0.95 0.32 0.20
RE & pers. property taxes 4.34 3.35 4.17
Farm insurance 1.82 1.75 1.63
Utilities 1.39 1.11 1.50
Dues & professional fees 0.50 0.52 0.56
Interest 11.57 10.40 11.03
Mach & bldg depreciation 7.98 7.43 10.57
Miscellaneous 1.74 2.95 1.25
Total overhead expenses per acre 32.88 30.36 32.43
Total dir & ovhd expenses per acre 87.61 78.91 87.69
Net return per acre 31.68 -38.96 107.35
Lbr & mgt charge per acre 13.36 11.98 15.00
Net return over lbr & mgt 18.32 -50.94 92.36
Government payments 8.24 7.11 8.74
Net return with govt payments 26.57 -43.83 101.10
Cost of Production
Total direct expense per bu. 1.39 5.11 0.98
Total dir & ovhd exp per bu. 2.23 8.30 1.55
With labor & management 2.57 9.56 1.81
Total exp less govt & oth income 1.97 6.56 1.55