TABLE - 53
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Prevented planting on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 80 10 12
Number of farms 49 9 10
Acres 86.18 59.63 137.71
Yield per acre 0.00 0.00 0.00
Operators share of yield % 100.00 100.00 100.00
Value per unit - - -
Total product return per acre - - -
Miscellaneous income per acre 62.86 46.46 73.64
Gross return per acre 62.86 46.46 73.64
Direct Expenses
Seed 0.40 0.72 0.55
Fertilizer 0.41 2.97 -
Crop chemicals 2.61 1.22 0.76
Crop insurance 6.74 13.39 4.66
Fuel & oil 2.93 3.73 2.94
Repairs 4.73 5.55 4.86
Land rent 28.47 29.37 23.09
Operating interest 1.09 1.10 1.69
Miscellaneous 0.52 0.09 0.23
Total direct expenses per acre 47.89 58.14 38.78
Return over direct exp per acre 14.97 -11.69 34.86
Overhead Expenses
Hired labor 0.93 0.50 0.71
Machinery & bldg leases 0.96 0.30 0.92
Farm insurance 1.26 2.51 0.67
Utilities 1.02 2.75 0.80
Interest 1.11 1.57 0.67
Mach & bldg depreciation 3.86 7.21 4.11
Miscellaneous 1.70 3.88 0.95
Total overhead expenses per acre 10.83 18.72 8.84
Total dir & ovhd expenses per acre 58.72 76.86 47.62
Net return per acre 4.14 -30.41 26.02
Lbr & mgt charge per acre 6.93 8.88 7.37
Net return over lbr & mgt -2.79 -39.29 18.65
Government payments 11.25 10.65 11.35
Net return with govt payments 8.45 -28.64 30.00
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