TABLE 11 - 35
Crop Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 79 12 19
Number of farms 44 9 9
Acres 108.45 101.90 108.35
Yield per acre (cwt.) 14.99 10.10 19.01
Operators share of yield % 66.95 67.41 68.35
Value per cwt. 11.76 10.97 12.05
Total product return per acre 118.09 74.68 156.55
Miscellaneous income per acre 3.25 5.90 0.55
Gross return per acre 121.33 80.58 157.10
Direct Expenses
Seed 13.35 13.63 12.64
Fertilizer 9.27 10.68 11.21
Crop chemicals 13.53 15.82 15.69
Crop insurance 5.07 5.89 4.48
Drying fuel 0.37 0.82 0.16
Fuel & oil 6.70 5.76 5.15
Repairs 10.36 10.29 5.73
Custom hire 1.86 2.48 0.86
Operating interest 2.53 2.21 1.93
Miscellaneous 0.21 1.48 -
Total direct expenses per acre 63.25 69.06 57.83
Return over direct exp per acre 58.09 11.51 99.26
Overhead Expenses
Hired labor 2.49 1.66 1.78
Machinery & bldg leases 1.33 1.95 2.02
Farm insurance 1.46 1.49 1.54
Utilities 1.38 1.10 1.28
Dues & professional fees 0.38 0.20 0.56
Interest 2.87 2.72 2.11
Mach & bldg depreciation 8.08 9.06 5.96
Miscellaneous 1.61 1.90 1.38
Total overhead expenses per acre 19.60 20.07 16.65
Total dir & ovhd expenses per acre 82.85 89.14 74.48
Net return per acre 38.49 -8.56 82.61
Lbr & mgt charge per acre 14.20 14.53 14.08
Net return over lbr & mgt 24.29 -23.09 68.53
Government payments 5.81 5.56 4.92
Net return with govt payments 30.10 -17.53 73.45
Cost of Production
Total direct expense per cwt. 6.30 10.14 4.45
Total dir & ovhd exp per cwt. 8.25 13.09 5.73
With labor & management 9.67 15.23 6.82
Total exp less govt & oth income 8.77 13.54 6.40