TABLE 11 - 29
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Peas, Field on Cash Rent
Avg. Of
All Farms
Number of fields 15
Number of farms 9
Acres 108.52
Yield per acre (bu.) 17.51
Operators share of yield % 100.00
Value per bu. 4.25
Other product return per acre 4.12
Total product return per acre 78.44
Miscellaneous income per acre 19.04
Gross return per acre 97.49
Direct Expenses
Seed 16.52
Fertilizer 3.88
Crop chemicals 21.15
Crop insurance 4.70
Fuel & oil 6.14
Repairs 12.86
Custom hire 2.79
Hired labor 1.61
Land rent 26.56
Operating interest 3.38
Miscellaneous 0.01
Total direct expenses per acre 99.59
Return over direct exp per acre -2.10
Overhead Expenses
Hired labor 5.59
Machinery & bldg leases 0.88
Farm insurance 1.70
Utilities 1.93
Dues & professional fees 0.64
Interest 2.94
Mach & bldg depreciation 7.79
Miscellaneous 2.69
Total overhead expenses per acre 24.16
Total dir & ovhd expenses per acre 123.75
Net return per acre -26.26
Lbr & mgt charge per acre 13.80
Net return over lbr & mgt -40.06
Government payments 7.87
Net return with govt payments -32.19
Cost of Production
Total direct expense per bu. 5.69
Total dir & ovhd exp per bu. 7.07
With labor & management 7.86
Total exp less govt & oth income 6.08