TABLE 11 - 28
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Peas, Field on Owned Land
Avg. Of
All Farms
Number of fields 7
Number of farms 6
Acres 134.84
Yield per acre (bu.) 18.67
Operators share of yield % 100.00
Value per bu. 4.42
Other product return per acre 0.03
Total product return per acre 82.49
Miscellaneous income per acre 6.90
Gross return per acre 89.39
Direct Expenses
Seed 16.58
Fertilizer 6.64
Crop chemicals 15.75
Crop insurance 2.73
Fuel & oil 3.02
Repairs 6.56
Custom hire 7.76
Operating interest 1.31
Miscellaneous 1.20
Total direct expenses per acre 61.55
Return over direct exp per acre 27.84
Overhead Expenses
Hired labor 2.65
RE & pers. property taxes 3.10
Farm insurance 1.81
Utilities 1.30
Dues & professional fees 0.36
Interest 5.29
Mach & bldg depreciation 6.89
Miscellaneous 1.51
Total overhead expenses per acre 22.90
Total dir & ovhd expenses per acre 84.45
Net return per acre 4.94
Lbr & mgt charge per acre 11.41
Net return over lbr & mgt -6.48
Government payments 7.15
Net return with govt payments 0.67
Cost of Production
Total direct expense per bu. 3.30
Total dir & ovhd exp per bu. 4.52
With labor & management 5.14
Total exp less govt & oth income 4.38