TABLE - 31
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 71 11 16
Number of farms 57 11 12
Acres 107.74 72.50 112.46
Yield per acre (cwt.) 12.45 7.68 17.35
Operators share of yield % 100.00 100.00 100.00
Value per cwt. 11.23 10.77 11.50
Other product return per acre 0.17 - -
Total product return per acre 140.04 82.76 199.48
Miscellaneous income per acre 7.42 16.03 -
Gross return per acre 147.46 98.79 199.48
Direct Expenses
Seed 15.86 15.55 15.01
Fertilizer 14.13 9.94 16.74
Crop chemicals 19.37 17.26 19.77
Crop insurance 7.92 9.03 6.27
Fuel & oil 8.13 10.13 8.84
Repairs 10.79 14.07 9.23
Custom hire 2.59 6.99 2.03
Operating interest 2.55 2.55 1.73
Miscellaneous 0.45 0.76 0.40
Total direct expenses per acre 81.80 86.29 80.02
Return over direct exp per acre 65.67 12.50 119.47
Overhead Expenses
Custom hire 0.16 - 0.67
Hired labor 1.87 3.81 2.54
Machinery & bldg leases 0.94 1.02 1.70
RE & pers. property taxes 4.48 4.81 4.45
Farm insurance 1.88 1.70 2.02
Utilities 1.22 1.45 0.93
Dues & professional fees 0.43 0.47 0.72
Interest 13.30 22.74 5.58
Mach & bldg depreciation 9.98 12.44 12.15
Miscellaneous 2.87 6.25 2.03
Total overhead expenses per acre 37.13 54.70 32.80
Total dir & ovhd expenses per acre 118.93 140.99 112.81
Net return per acre 28.53 -42.20 86.67
Lbr & mgt charge per acre 16.27 17.35 13.36
Net return over lbr & mgt 12.27 -59.55 73.31
Government payments 11.22 10.99 10.93
Net return with govt payments 23.48 -48.57 84.25
Cost of Production
Total direct expense per cwt. 6.57 11.23 4.61
Total dir & ovhd exp per cwt. 9.55 18.35 6.50
With labor & management 10.86 20.61 7.27
Total exp less govt & oth income 9.35 17.10 6.64
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