TABLE - 52
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Prevented planting on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 46 8 10
Number of farms 40 8 8
Acres 66.98 78.22 80.47
Yield per acre (bu.) 0.00 0.00 -
Operators share of yield % 100.00 100.00 -
Value per bu. - - -
Total product return per acre - - -
Miscellaneous income per acre 58.61 32.00 77.79
Gross return per acre 58.61 32.00 77.79
Direct Expenses
Seed 0.18 - 0.68
Crop chemicals 1.63 1.63 0.45
Crop insurance 5.26 3.54 6.12
Drying fuel 0.13 0.66 -
Fuel & oil 2.77 3.87 2.08
Repairs 4.39 5.18 4.74
Operating interest 0.76 0.95 0.28
Miscellaneous 0.23 0.41 -
Total direct expenses per acre 15.36 16.25 14.35
Return over direct exp per acre 43.25 15.75 63.44
Overhead Expenses
Hired labor 0.81 0.45 0.82
RE & pers. property taxes 4.81 4.21 5.84
Farm insurance 1.63 1.99 1.12
Utilities 1.05 1.14 0.73
Interest 9.76 13.96 7.14
Mach & bldg depreciation 2.70 3.43 1.14
Miscellaneous 2.45 2.80 1.71
Total overhead expenses per acre 23.21 27.98 18.51
Total dir & ovhd expenses per acre 38.58 44.23 32.85
Net return per acre 20.04 -12.23 44.93
Lbr & mgt charge per acre 5.27 5.81 6.53
Net return over lbr & mgt 14.76 -18.04 38.40
Government payments 11.47 9.86 12.78
Net return with govt payments 26.23 -8.18 51.18
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