TABLE - 22
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Flax on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 67 12 15
Number of farms 41 8 9
Acres 136.34 99.49 199.20
Yield per acre (bu.) 21.66 13.43 29.46
Operators share of yield % 100.00 100.00 100.00
Value per bu. 6.02 5.61 6.28
Total product return per acre 130.48 75.38 185.11
Miscellaneous income per acre 2.55 4.08 1.57
Gross return per acre 133.03 79.46 186.68
Direct Expenses
Seed 7.93 7.29 7.83
Fertilizer 14.58 14.32 14.85
Crop chemicals 13.96 15.04 13.58
Crop insurance 5.02 4.76 3.37
Fuel & oil 6.55 5.54 6.97
Repairs 9.63 10.25 10.26
Custom hire 3.48 8.90 1.76
Land rent 29.62 33.15 29.63
Operating interest 2.15 2.45 1.92
Miscellaneous 0.13 0.07 -
Total direct expenses per acre 93.05 101.77 90.17
Return over direct exp per acre 39.98 -22.32 96.51
Overhead Expenses
Hired labor 3.46 4.43 6.96
Machinery & bldg leases 2.23 1.73 0.44
Farm insurance 1.54 1.54 1.93
Utilities 1.17 0.75 1.22
Dues & professional fees 0.48 0.29 0.61
Interest 1.89 4.21 0.86
Mach & bldg depreciation 8.69 5.69 11.35
Miscellaneous 2.06 4.45 1.58
Total overhead expenses per acre 21.53 23.09 24.95
Total dir & ovhd expenses per acre 114.58 124.87 115.12
Net return per acre 18.45 -45.41 71.56
Lbr & mgt charge per acre 13.57 13.61 13.17
Net return over lbr & mgt 4.88 -59.02 58.39
Government payments 10.94 13.05 11.28
Net return with govt payments 15.81 -45.98 69.67
Cost of Production
Total direct expense per bu. 4.30 7.58 3.06
Total dir & ovhd exp per bu. 5.29 9.30 3.91
With labor & management 5.92 10.31 4.35
Total exp less govt & oth income 5.29 9.04 3.92
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