TABLE - 49
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
CRP on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 100 12 27
Number of farms 63 12 13
Acres 150.30 194.16 101.26
Yield per acre ($) 30.25 29.29 36.04
Operators share of yield % 100.00 100.00 100.00
Value per $ 1.00 1.00 1.00
Other product return per acre 0.37 - 1.78
Total product return per acre 30.63 29.29 37.82
Miscellaneous income per acre 0.07 0.45 -
Gross return per acre 30.69 29.74 37.82
Direct Expenses
Crop chemicals 0.51 1.48 0.20
Fuel & oil 0.46 1.19 0.23
Repairs 0.73 2.28 0.26
Custom hire 0.22 1.23 -
Miscellaneous 0.16 0.18 0.14
Total direct expenses per acre 2.08 6.36 0.84
Return over direct exp per acre 28.61 23.38 36.98
Overhead Expenses
RE & pers. property taxes 3.98 3.93 4.65
Utilities 0.21 0.53 0.06
Interest 8.18 17.68 5.07
Mach & bldg depreciation 0.93 1.93 0.33
Miscellaneous 0.89 1.76 0.51
Total overhead expenses per acre 14.18 25.83 10.62
Total dir & ovhd expenses per acre 16.27 32.19 11.46
Net return per acre 14.43 -2.45 26.36
Lbr & mgt charge per acre 0.94 2.54 0.44
Net return over lbr & mgt 13.49 -5.00 25.92
Government payments - - -
Net return with govt payments 13.49 -5.00 25.92
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