TABLE 11 - 60
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Prevented planting on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 89 10 20
Number of farms 49 10 10
Acres 65.13 84.04 54.28
Yield per acre ($) - - -
Operators share of yield % 100.00 100.00 100.00
Value per $ - - -
Other product return per acre - - -
Total product return per acre - - -
Miscellaneous income per acre 60.33 38.36 80.76
Gross return per acre 60.33 38.36 80.76
Direct Expenses
Crop chemicals 1.25 5.33 1.20
Crop insurance 3.85 2.17 5.17
Fuel & oil 2.39 2.90 1.81
Repairs 3.83 4.94 2.95
Custom hire 0.14 0.88 -
Land rent 24.19 28.80 14.70
Operating interest 1.05 1.58 0.69
Miscellaneous 0.19 - 0.27
Total direct expenses per acre 36.90 46.62 26.79
Return over direct exp per acre 23.43 -8.25 53.98
Overhead Expenses
Hired labor 0.58 0.57 0.50
Machinery & bldg leases 0.60 0.66 0.04
Farm insurance 0.54 0.74 0.62
Utilities 0.50 0.77 0.40
Interest 0.99 2.25 0.36
Mach & bldg depreciation 3.09 3.05 3.85
Miscellaneous 0.83 1.16 0.56
Total overhead expenses per acre 7.14 9.20 6.33
Total dir & ovhd expenses per acre 44.04 55.82 33.12
Net return per acre 16.29 -17.45 47.64
Lbr & mgt charge per acre 5.40 7.39 3.88
Net return over lbr & mgt 10.89 -24.84 43.76
Government payments 9.32 7.79 11.10
Net return with govt payments 20.20 -17.05 54.86