TABLE - 11
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 97 15 23
Number of farms 48 9 10
Acres 91.20 89.77 96.39
Yield per acre (bu.) 62.27 49.09 68.33
Operators share of yield % 67.86 63.36 68.31
Value per bu. 2.58 2.01 2.91
Other product return per acre 0.14 - 0.15
Total product return per acre 109.36 62.46 136.03
Miscellaneous income per acre 2.03 2.11 4.40
Gross return per acre 111.39 64.57 140.43
Direct Expenses
Seed 8.41 5.75 9.03
Fertilizer 15.21 12.88 15.59
Crop chemicals 13.34 10.44 14.31
Crop insurance 5.77 5.97 5.27
Fuel & oil 6.83 6.29 7.27
Repairs 9.92 8.25 11.12
Custom hire 1.56 0.72 1.19
Operating interest 1.95 2.46 1.09
Miscellaneous 0.65 2.15 0.56
Total direct expenses per acre 63.63 54.92 65.42
Return over direct exp per acre 47.76 9.66 75.00
Overhead Expenses
Hired labor 2.21 1.92 0.90
Machinery & bldg leases 1.41 1.16 1.57
Farm insurance 1.64 1.66 1.66
Utilities 1.25 0.99 1.22
Interest 2.11 2.70 1.68
Mach & bldg depreciation 6.61 6.62 6.58
Miscellaneous 2.36 2.15 2.66
Total overhead expenses per acre 17.59 17.21 16.28
Total dir & ovhd expenses per acre 81.23 72.12 81.70
Net return per acre 30.16 -7.55 58.72
Lbr & mgt charge per acre 11.90 9.36 11.82
Net return over lbr & mgt 18.26 -16.91 46.90
Government payments 7.74 7.08 6.30
Net return with govt payments 26.00 -9.83 53.21
Cost of Production
Total direct expense per bu. 1.51 1.77 1.40
Total dir & ovhd exp per bu. 1.92 2.32 1.75
With labor & management 2.20 2.62 2.00
Total exp less govt & oth income 1.97 2.32 1.77
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