TABLE 11 - 17
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Canola on Share Rent Avg. Of
All Farms
Number of fields 35
Number of farms 18
Acres 99.87
Yield per acre (cwt.) 16.32
Operators share of yield % 64.92
Value per cwt. 10.83
Total product return per acre 114.81
Miscellaneous income per acre 0.82
Gross return per acre 115.62
Direct Expenses
Seed 25.26
Fertilizer 19.94
Crop chemicals 9.52
Crop insurance 4.14
Fuel & oil 7.21
Repairs 12.89
Custom hire 2.05
Operating interest 1.06
Miscellaneous 4.77
Total direct expenses per acre 86.84
Return over direct exp per acre 28.78
Overhead Expenses
Hired labor 2.11
Machinery & bldg leases 0.88
Farm insurance 1.75
Utilities 1.18
Dues & professional fees 0.70
Interest 1.76
Mach & bldg depreciation 9.13
Miscellaneous 1.84
Total overhead expenses per acre 19.36
Total dir & ovhd expenses per acre 106.20
Net return per acre 9.42
Lbr & mgt charge per acre 13.11
Net return over lbr & mgt -3.69
Government payments 7.03
Net return with govt payments 3.34
Cost of Production
Total direct expense per cwt. 8.19
Total dir & ovhd exp per cwt. 10.02
With labor & management 11.26
Total exp less govt & oth income 10.52
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