TABLE 11 - 18
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn on Share Rent
Avg. Of
All Farms
Number of fields 6
Number of farms 6
Acres 94.08
Yield per acre (bu.) 85.96
Operators share of yield % 62.39
Value per bu. 2.11
Other product return per acre 4.24
Total product return per acre 117.31
Miscellaneous income per acre 6.44
Gross return per acre 123.75
Direct Expenses
Seed 13.12
Fertilizer 15.60
Crop chemicals 18.34
Crop insurance 6.15
Fuel & oil 6.95
Repairs 15.21
Custom hire 1.86
Operating interest 3.12
Total direct expenses per acre 80.33
Return over direct exp per acre 43.42
Overhead Expenses
Hired labor 2.93
Machinery & bldg leases 1.86
Farm insurance 2.97
Utilities 1.28
Dues & professional fees 0.67
Interest 2.22
Mach & bldg depreciation 8.98
Miscellaneous 1.36
Total overhead expenses per acre 22.28
Total dir & ovhd expenses per acre 102.61
Net return per acre 21.15
Lbr & mgt charge per acre 14.41
Net return over lbr & mgt 6.74
Government payments 5.59
Net return with govt payments 12.33
Cost of Production
Total direct expense per bu. 1.50
Total dir & ovhd exp per bu. 1.91
With labor & management 2.18
Total exp less govt & oth income 1.88