TABLE 11 - 9
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 103 16 27
Number of farms 50 10 10
Acres 88.57 76.68 103.70
Yield per acre (bu.) 47.00 21.77 62.62
Operators share of yield % 69.01 68.88 68.89
Value per bu. 2.60 2.19 2.78
Total product return per acre 84.28 32.79 119.91
Miscellaneous income per acre 9.75 18.22 6.34
Gross return per acre 94.03 51.01 126.25
Direct Expenses
Seed 7.21 7.00 6.76
Fertilizer 13.04 13.47 14.41
Crop chemicals 10.38 12.86 9.14
Crop insurance 4.00 3.50 4.56
Fuel & oil 6.07 6.07 6.25
Repairs 10.41 12.13 9.03
Custom hire 1.37 6.59 0.13
Operating interest 2.33 1.54 1.80
Miscellaneous 0.24 0.45 -
Total direct expenses per acre 55.05 63.62 52.07
Return over direct exp per acre 38.98 -12.61 74.18
Overhead Expenses
Hired labor 2.33 2.36 2.09
Machinery & bldg leases 0.69 0.85 0.64
Farm insurance 1.46 1.79 0.99
Utilities 1.35 1.29 1.15
Dues & professional fees 0.49 0.28 0.63
Interest 2.65 3.34 3.17
Mach & bldg depreciation 6.74 8.51 6.09
Miscellaneous 1.60 2.31 1.46
Total overhead expenses per acre 17.31 20.74 16.23
Total dir & ovhd expenses per acre 72.36 84.35 68.30
Net return per acre 21.67 -33.34 57.95
Lbr & mgt charge per acre 12.51 11.33 12.69
Net return over lbr & mgt 9.16 -44.68 45.26
Government payments 6.21 6.98 6.05
Net return with govt payments 15.36 -37.69 51.31
Cost of Production
Total direct expense per bu. 1.70 4.24 1.21
Total dir & ovhd exp per bu. 2.23 5.63 1.58
With labor & management 2.62 6.38 1.88
Total exp less govt & oth income 2.12 4.70 1.59