TABLE 11 - 10
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Beans, Pinto on Owned Land
Avg. Of
All Farms
Number of fields 18
Number of farms 14
Acres 92.62
Yield per acre (cwt.) 15.03
Operators share of yield % 100.00
Value per cwt. 16.15
Total product return per acre 242.74
Miscellaneous income per acre 9.92
Gross return per acre 252.66
Direct Expenses
Seed 23.76
Fertilizer 9.40
Crop chemicals 18.00
Crop insurance 12.03
Fuel & oil 10.42
Repairs 18.68
Custom hire 2.45
Operating interest 3.80
Miscellaneous 0.09
Total direct expenses per acre 98.64
Return over direct exp per acre 154.02
Overhead Expenses
Hired labor 5.73
Machinery & bldg leases 2.60
RE & pers. property taxes 5.30
Farm insurance 2.32
Utilities 2.35
Interest 18.43
Mach & bldg depreciation 13.37
Miscellaneous 4.26
Total overhead expenses per acre 54.37
Total dir & ovhd expenses per acre 153.01
Net return per acre 99.65
Lbr & mgt charge per acre 19.42
Net return over lbr & mgt 80.23
Government payments 8.32
Net return with govt payments 88.55
Cost of Production
Total direct expense per cwt. 6.56
Total dir & ovhd exp per cwt. 10.18
With labor & management 11.47
Total exp less govt & oth income 10.26