TABLE 11 - 11
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Beans, Pinto on Cash Rent
Avg. Of
All Farms
Number of fields 27
Number of farms 15
Acres 140.86
Yield per acre (cwt.) 13.63
Operators share of yield % 100.00
Value per cwt. 14.64
Total product return per acre 199.50
Miscellaneous income per acre 11.18
Gross return per acre 210.68
Direct Expenses
Seed 21.01
Fertilizer 8.18
Crop chemicals 21.86
Crop insurance 14.12
Fuel & oil 7.18
Repairs 11.86
Custom hire 8.73
Land rent 34.83
Operating interest 5.15
Miscellaneous 0.04
Total direct expenses per acre 132.96
Return over direct exp per acre 77.71
Overhead Expenses
Hired labor 5.40
Machinery & bldg leases 8.06
Farm insurance 1.99
Utilities 1.99
Dues & professional fees 0.30
Interest 4.57
Mach & bldg depreciation 13.15
Miscellaneous 2.28
Total overhead expenses per acre 37.74
Total dir & ovhd expenses per acre 170.71
Net return per acre 39.97
Lbr & mgt charge per acre 18.15
Net return over lbr & mgt 21.82
Government payments 8.98
Net return with govt payments 30.80
Cost of Production
Total direct expense per cwt. 9.76
Total dir & ovhd exp per cwt. 12.53
With labor & management 13.86
Total exp less govt & oth income 12.38