TABLE 11 - 10
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 214 28 46
Number of farms 106 21 22
Acres 122.79 122.28 153.43
Yield per acre (bu.) 62.70 39.12 78.78
Operators share of yield % 100.00 100.00 100.00
Value per bu. 2.46 1.66 2.75
Other product return per acre 0.55 2.19 -
Total product return per acre 154.63 67.25 216.92
Miscellaneous income per acre 8.81 21.88 6.34
Gross return per acre 163.44 89.13 223.26
Direct Expenses
Seed 8.34 6.47 8.97
Fertilizer 20.49 19.97 22.95
Crop chemicals 15.03 12.04 14.77
Crop insurance 7.86 7.51 7.24
Fuel & oil 8.07 8.64 7.06
Repairs 11.38 12.08 9.02
Custom hire 2.68 3.19 2.62
Land rent 30.33 31.47 32.58
Operating interest 2.17 3.12 1.51
Miscellaneous 0.33 0.12 0.15
Total direct expenses per acre 106.67 104.60 106.86
Return over direct exp per acre 56.77 -15.47 116.40
Overhead Expenses
Hired labor 3.70 5.15 2.52
Machinery & bldg leases 1.12 1.05 1.12
Farm insurance 1.77 2.02 1.84
Utilities 1.42 1.94 1.30
Dues & professional fees 0.56 0.59 0.28
Interest 1.87 2.69 1.84
Mach & bldg depreciation 10.60 9.06 12.24
Miscellaneous 2.48 3.64 3.04
Total overhead expenses per acre 23.51 26.14 24.17
Total dir & ovhd expenses per acre 130.19 130.75 131.03
Net return per acre 33.25 -41.61 92.23
Lbr & mgt charge per acre 13.85 14.79 12.93
Net return over lbr & mgt 19.40 -56.40 79.30
Government payments 10.00 9.73 10.31
Net return with govt payments 29.40 -46.67 89.61
Cost of Production
Total direct expense per bu. 1.70 2.67 1.36
Total dir & ovhd exp per bu. 2.08 3.34 1.66
With labor & management 2.30 3.72 1.83
Total exp less govt & oth income 1.99 2.86 1.62
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