TABLE 11 - 9
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 115 19 30
Number of farms 81 16 17
Acres 114.24 86.11 119.08
Yield per acre (bu.) 63.78 42.95 79.03
Operators share of yield % 100.00 100.00 100.00
Value per bu. 2.37 1.66 2.79
Other product return per acre 0.53 0.89 -
Total product return per acre 151.60 72.21 220.64
Miscellaneous income per acre 9.26 11.78 5.03
Gross return per acre 160.86 83.99 225.67
Direct Expenses
Seed 8.08 6.91 8.45
Fertilizer 19.71 19.45 21.14
Crop chemicals 13.73 10.95 13.16
Crop insurance 7.51 7.07 6.21
Fuel & oil 8.69 8.91 7.98
Repairs 12.06 12.95 12.10
Custom hire 3.51 4.80 3.59
Operating interest 2.03 2.47 0.85
Miscellaneous 0.29 0.07 0.28
Total direct expenses per acre 75.62 73.57 73.77
Return over direct exp per acre 85.24 10.42 151.90
Overhead Expenses
Hired labor 4.11 4.59 4.63
Machinery & bldg leases 0.72 0.26 1.30
RE & pers. property taxes 4.84 4.95 5.11
Farm insurance 1.99 2.14 1.90
Utilities 1.68 1.44 1.61
Dues & professional fees 0.49 0.32 0.66
Interest 11.84 13.60 9.01
Mach & bldg depreciation 11.69 12.61 14.31
Miscellaneous 2.90 2.81 3.19
Total overhead expenses per acre 40.25 42.72 41.72
Total dir & ovhd expenses per acre 115.87 116.29 115.49
Net return per acre 44.99 -32.30 110.18
Lbr & mgt charge per acre 14.59 11.94 14.35
Net return over lbr & mgt 30.40 -44.24 95.83
Government payments 10.39 9.20 11.45
Net return with govt payments 40.79 -35.05 107.28
Cost of Production
Total direct expense per bu. 1.19 1.71 0.93
Total dir & ovhd exp per bu. 1.82 2.71 1.46
With labor & management 2.05 2.99 1.64
Total exp less govt & oth income 1.73 2.48 1.43
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