TABLE 11 - 33
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 89 17 19
Number of farms 62 12 13
Acres 88.49 72.72 94.98
Yield per acre (cwt.) 14.07 8.21 18.89
Operators share of yield % 100.00 100.00 100.00
Value per cwt. 11.97 10.74 12.62
Other product return per acre 0.01 - -
Total product return per acre 168.42 88.11 238.27
Miscellaneous income per acre 3.99 15.29 -
Gross return per acre 172.41 103.40 238.27
Direct Expenses
Seed 14.35 15.98 13.44
Fertilizer 11.97 12.53 14.63
Crop chemicals 14.70 15.15 15.57
Crop insurance 5.49 5.75 4.04
Drying fuel 0.25 - 0.57
Fuel & oil 6.27 8.14 5.49
Repairs 10.14 11.55 8.24
Custom hire 3.91 2.15 4.33
Operating interest 2.40 3.14 2.75
Miscellaneous 0.00 - -
Total direct expenses per acre 69.49 74.40 69.07
Return over direct exp per acre 102.92 28.99 169.20
Overhead Expenses
Hired labor 2.22 1.13 1.22
Machinery & bldg leases 0.97 0.31 2.02
RE & pers. property taxes 4.16 4.44 4.78
Farm insurance 1.84 1.62 1.95
Utilities 1.35 1.38 1.48
Interest 13.87 13.45 10.27
Mach & bldg depreciation 9.67 7.61 12.45
Miscellaneous 3.12 2.85 3.37
Total overhead expenses per acre 37.19 32.80 37.55
Total dir & ovhd expenses per acre 106.68 107.20 106.61
Net return per acre 65.74 -3.80 131.66
Lbr & mgt charge per acre 14.60 15.67 14.84
Net return over lbr & mgt 51.14 -19.48 116.82
Government payments 8.57 7.25 8.20
Net return with govt payments 59.71 -12.23 125.02
Cost of Production
Total direct expense per cwt. 4.94 9.07 3.66
Total dir & ovhd exp per cwt. 7.58 13.07 5.65
With labor & management 8.62 14.98 6.43
Total exp less govt & oth income 7.73 12.23 6.00