TABLE 11 - 11
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Barley on Share Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 53 7 13
Number of farms 30 6 6
Acres 102.04 91.91 99.34
Yield per acre (bu.) 67.06 55.59 75.13
Operators share of yield % 66.27 68.37 69.94
Value per bu. 2.34 1.74 2.64
Total product return per acre 103.81 65.95 138.97
Miscellaneous income per acre 2.77 - -
Gross return per acre 106.58 65.95 138.97
Direct Expenses
Seed 7.67 7.49 7.48
Fertilizer 18.17 19.62 18.44
Crop chemicals 13.67 11.07 16.88
Crop insurance 5.59 5.09 6.33
Fuel & oil 8.95 12.19 8.85
Repairs 12.16 12.23 9.01
Custom hire 1.82 0.78 0.71
Operating interest 2.16 3.76 1.39
Miscellaneous 1.17 - 1.23
Total direct expenses per acre 71.35 72.23 70.32
Return over direct exp per acre 35.23 -6.28 68.65
Overhead Expenses
Hired labor 2.77 1.09 0.59
Machinery & bldg leases 0.90 0.77 0.71
Farm insurance 1.68 2.14 1.12
Utilities 1.24 1.65 1.15
Dues & professional fees 0.60 0.36 0.72
Interest 2.13 2.57 1.27
Mach & bldg depreciation 9.43 4.81 11.41
Miscellaneous 1.33 2.21 1.01
Total overhead expenses per acre 20.09 15.60 17.97
Total dir & ovhd expenses per acre 91.44 87.84 88.29
Net return per acre 15.14 -21.88 50.68
Lbr & mgt charge per acre 13.48 18.78 15.23
Net return over lbr & mgt 1.66 -40.66 35.45
Government payments 7.12 7.07 7.81
Net return with govt payments 8.78 -33.60 43.26
Cost of Production
Total direct expense per bu. 1.61 1.90 1.34
Total dir & ovhd exp per bu. 2.06 2.31 1.68
With labor & management 2.36 2.81 1.97
Total exp less govt & oth income 2.14 2.62 1.82
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