TABLE 11 - 20
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Corn Silage on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 38 7 9
Number of farms 32 6 7
Acres 55.00 38.70 69.28
Yield per acre (ton) 7.96 5.69 10.21
Operators share of yield % 100.00 100.00 100.00
Value per ton 17.36 15.85 16.34
Total product return per acre 138.15 90.14 166.78
Miscellaneous income per acre 9.56 19.42 13.62
Gross return per acre 147.72 109.56 180.39
Direct Expenses
Seed 19.21 22.57 19.46
Fertilizer 17.36 21.89 9.23
Crop chemicals 14.42 18.94 17.20
Crop insurance 3.78 5.98 2.58
Fuel & oil 9.22 14.04 8.58
Repairs 16.95 19.09 16.69
Custom hire 6.63 11.76 5.42
Land rent 22.38 20.09 18.98
Operating interest 5.11 4.91 9.14
Miscellaneous 0.38 0.01 -
Total direct expenses per acre 115.46 139.27 107.28
Return over direct exp per acre 32.26 -29.70 73.11
Overhead Expenses
Hired labor 7.32 10.02 2.23
Machinery & bldg leases 1.25 0.06 1.25
Farm insurance 2.34 3.10 1.97
Utilities 2.10 4.33 1.88
Interest 5.61 4.41 6.02
Mach & bldg depreciation 9.36 11.64 9.67
Miscellaneous 3.19 3.96 2.41
Total overhead expenses per acre 31.18 37.51 25.42
Total dir & ovhd expenses per acre 146.63 176.78 132.70
Net return per acre 1.08 -67.21 47.69
Lbr & mgt charge per acre 19.15 20.05 21.21
Net return over lbr & mgt -18.06 -87.27 26.47
Government payments 6.27 7.95 5.47
Net return with govt payments -11.79 -79.32 31.95
Cost of Production
Total direct expense per ton 14.51 24.49 10.51
Total dir & ovhd exp per ton 18.43 31.09 13.00
With labor & management 20.83 34.61 15.08
Total exp less govt & oth income 18.84 29.80 13.21