TABLE - 33
Crop Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Sunflowers on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 59 8 13
Number of farms 34 6 7
Acres 116.16 142.64 113.10
Yield per acre (cwt.) 13.06 9.54 15.10
Operators share of yield % 66.43 64.25 67.78
Value per cwt. 11.09 11.48 11.72
Total product return per acre 96.18 70.37 119.88
Miscellaneous income per acre 4.48 4.65 1.09
Gross return per acre 100.66 75.03 120.97
Direct Expenses
Seed 14.11 15.52 13.47
Fertilizer 12.51 11.78 9.73
Crop chemicals 17.24 19.53 17.53
Crop insurance 5.84 6.89 4.51
Fuel & oil 8.21 8.58 7.33
Repairs 11.96 12.09 10.08
Custom hire 3.09 7.21 0.01
Operating interest 2.51 2.83 0.76
Miscellaneous 0.29 1.38 -
Total direct expenses per acre 75.77 85.81 63.43
Return over direct exp per acre 24.89 -10.78 57.54
Overhead Expenses
Hired labor 3.09 3.02 2.50
Machinery & bldg leases 1.39 0.64 0.96
Farm insurance 1.71 2.18 2.16
Utilities 1.30 1.63 1.47
Dues & professional fees 0.38 0.46 0.68
Interest 3.07 3.53 1.18
Mach & bldg depreciation 8.99 13.33 8.32
Miscellaneous 2.23 4.19 0.93
Total overhead expenses per acre 22.15 28.98 18.20
Total dir & ovhd expenses per acre 97.92 114.79 81.63
Net return per acre 2.74 -39.76 39.33
Lbr & mgt charge per acre 14.01 11.46 14.22
Net return over lbr & mgt -11.27 -51.22 25.11
Government payments 7.51 6.92 7.15
Net return with govt payments -3.77 -44.30 32.26
Cost of Production
Total direct expense per cwt. 8.74 13.99 6.20
Total dir & ovhd exp per cwt. 11.29 18.72 7.98
With labor & management 12.91 20.59 9.37
Total exp less govt & oth income 11.53 18.70 8.56
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