TABLE 11 - 34
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 182 30 44
Number of farms 87 17 17
Acres 128.02 91.57 102.71
Yield per acre (cwt.) 12.81 7.77 16.56
Operators share of yield % 100.00 100.00 100.00
Value per cwt. 11.82 11.26 11.92
Other product return per acre 0.23 1.09 -
Total product return per acre 151.73 88.58 197.33
Miscellaneous income per acre 7.71 17.52 -
Gross return per acre 159.44 106.10 197.33
Direct Expenses
Seed 14.13 15.43 14.83
Fertilizer 10.39 10.30 8.71
Crop chemicals 14.80 19.03 13.49
Crop insurance 5.41 7.56 3.99
Fuel & oil 5.90 6.11 4.81
Repairs 9.57 9.67 8.59
Custom hire 3.08 6.88 3.23
Land rent 30.11 28.18 27.45
Operating interest 2.61 3.25 2.10
Miscellaneous 0.28 - 0.15
Total direct expenses per acre 96.29 106.41 87.35
Return over direct exp per acre 63.15 -0.31 109.98
Overhead Expenses
Hired labor 3.50 2.23 1.88
Machinery & bldg leases 1.60 2.87 0.71
Farm insurance 1.66 1.19 1.69
Utilities 1.36 1.35 1.26
Interest 2.59 2.81 2.89
Mach & bldg depreciation 9.01 6.83 6.88
Miscellaneous 2.60 2.58 1.61
Total overhead expenses per acre 22.32 19.85 16.91
Total dir & ovhd expenses per acre 118.62 126.26 104.26
Net return per acre 40.82 -20.16 93.07
Lbr & mgt charge per acre 12.84 13.24 14.26
Net return over lbr & mgt 27.99 -33.40 78.81
Government payments 8.33 7.49 7.72
Net return with govt payments 36.32 -25.91 86.53
Cost of Production
Total direct expense per cwt. 7.51 13.69 5.27
Total dir & ovhd exp per cwt. 9.26 16.25 6.30
With labor & management 10.26 17.95 7.16
Total exp less govt & oth income 8.99 14.59 6.69