TABLE 11 - 23
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Flax on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 69 10 18
Number of farms 39 7 8
Acres 103.68 85.79 90.95
Yield per acre (bu.) 17.52 11.16 23.18
Operators share of yield % 68.12 69.23 69.18
Value per bu. 5.67 5.09 5.93
Total product return per acre 67.60 39.31 95.10
Miscellaneous income per acre 3.46 7.25 2.58
Gross return per acre 71.06 46.56 97.68
Direct Expenses
Seed 6.20 7.61 6.67
Fertilizer 9.84 11.30 10.01
Crop chemicals 15.84 24.00 15.36
Crop insurance 2.42 1.94 3.39
Fuel & oil 4.76 4.17 4.69
Repairs 9.30 15.10 6.39
Custom hire 2.08 4.34 1.51
Operating interest 1.99 2.58 2.41
Miscellaneous 0.72 1.58 -
Total direct expenses per acre 53.15 72.64 50.44
Return over direct exp per acre 17.91 -26.08 47.24
Overhead Expenses
Hired labor 3.02 4.11 1.00
Machinery & bldg leases 1.24 0.00 3.44
Farm insurance 1.40 1.70 1.25
Utilities 1.16 0.94 1.77
Dues & professional fees 0.52 0.55 0.74
Interest 2.62 2.24 2.49
Mach & bldg depreciation 6.50 11.55 3.83
Miscellaneous 1.73 2.49 0.88
Total overhead expenses per acre 18.20 23.57 15.39
Total dir & ovhd expenses per acre 71.35 96.21 65.83
Net return per acre -0.29 -49.65 31.84
Lbr & mgt charge per acre 11.85 12.80 14.10
Net return over lbr & mgt -12.14 -62.45 17.74
Government payments 5.98 7.45 6.24
Net return with govt payments -6.16 -54.99 23.98
Cost of Production
Total direct expense per bu. 4.45 9.40 3.15
Total dir & ovhd exp per bu. 5.98 12.46 4.11
With labor & management 6.97 14.11 4.99
Total exp less govt & oth income 6.18 12.21 4.44