TABLE 11 - 55
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
CRP on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 115 19 33
Number of farms 71 14 15
Acres 144.14 133.82 130.65
Yield per acre ($) 32.54 28.39 37.51
Operators share of yield % 100.00 100.00 100.00
Value per $ 1.00 1.00 1.00
Total product return per acre 32.54 28.39 37.51
Miscellaneous income per acre 0.53 0.60 0.76
Gross return per acre 33.06 28.99 38.28
Direct Expenses
Seed 0.38 0.84 0.06
Crop chemicals 0.53 1.38 0.44
Miscellaneous 1.03 1.01 0.58
Total direct expenses per acre 1.94 3.23 1.08
Return over direct exp per acre 31.13 25.76 37.20
Overhead Expenses
RE & pers. property taxes 4.74 4.92 5.62
Farm insurance 0.49 0.33 1.26
Utilities 0.22 0.05 0.58
Interest 8.90 20.21 1.59
Miscellaneous 0.85 0.41 1.00
Total overhead expenses per acre 15.19 25.91 10.05
Total dir & ovhd expenses per acre 17.13 29.14 11.13
Net return per acre 15.94 -0.15 27.15
Lbr & mgt charge per acre 0.61 0.39 0.35
Net return over lbr & mgt 15.32 -0.53 26.80
Government payments - - -
Net return with govt payments 15.32 -0.53 26.80
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