TABLE - 32
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 163 26 31
Number of farms 84 16 17
Acres 112.94 111.58 103.62
Yield per acre (cwt.) 11.57 6.19 17.56
Operators share of yield % 100.00 100.00 100.00
Value per cwt. 11.13 10.24 11.62
Other product return per acre 0.09 0.18 -
Total product return per acre 128.81 63.52 204.07
Miscellaneous income per acre 14.62 23.56 3.67
Gross return per acre 143.43 87.08 207.74
Direct Expenses
Seed 15.33 17.27 14.56
Fertilizer 14.97 14.31 12.17
Crop chemicals 18.03 20.65 16.46
Crop insurance 8.50 8.67 6.95
Fuel & oil 7.51 7.35 8.35
Repairs 11.05 13.66 11.51
Custom hire 3.27 4.41 5.16
Land rent 29.47 24.26 34.16
Operating interest 2.18 3.05 2.72
Miscellaneous 0.30 0.20 0.41
Total direct expenses per acre 110.60 113.83 112.44
Return over direct exp per acre 32.83 -26.74 95.29
Overhead Expenses
Hired labor 2.63 2.57 2.14
Machinery & bldg leases 1.50 0.80 2.03
Farm insurance 1.59 1.69 1.68
Utilities 1.17 1.42 1.07
Dues & professional fees 0.32 0.37 0.59
Interest 2.91 4.84 2.46
Mach & bldg depreciation 9.51 8.35 13.97
Miscellaneous 2.35 2.44 2.04
Total overhead expenses per acre 21.99 22.49 25.99
Total dir & ovhd expenses per acre 132.59 136.32 138.43
Net return per acre 10.84 -49.23 69.31
Lbr & mgt charge per acre 14.79 15.04 18.24
Net return over lbr & mgt -3.94 -64.28 51.07
Government payments 11.21 11.06 11.80
Net return with govt payments 7.26 -53.22 62.87
Cost of Production
Total direct expense per cwt. 9.56 18.40 6.40
Total dir & ovhd exp per cwt. 11.46 22.04 7.88
With labor & management 12.74 24.47 8.92
Total exp less govt & oth income 10.50 18.84 8.04
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