TABLE 11 - 13
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Beans, Pinto on Cash Rent Avg. Of
All Farms
Number of fields 23
Number of farms 12
Acres 165.91
Yield per acre (cwt.) 10.90
Operators share of yield % 100.00
Value per cwt. 22.64
Total product return per acre 246.74
Miscellaneous income per acre 22.93
Gross return per acre 269.67
Direct Expenses
Seed 18.30
Fertilizer 17.37
Crop chemicals 32.42
Crop insurance 9.94
Fuel & oil 10.68
Repairs 12.65
Custom hire 9.34
Land rent 34.92
Operating interest 4.92
Miscellaneous 0.20
Total direct expenses per acre 150.74
Return over direct exp per acre 118.93
Overhead Expenses
Hired labor 6.42
Machinery & bldg leases 4.48
Farm insurance 1.75
Utilities 1.82
Dues & professional fees 0.24
Interest 2.69
Mach & bldg depreciation 19.73
Miscellaneous 3.40
Total overhead expenses per acre 40.54
Total dir & ovhd expenses per acre 191.28
Net return per acre 78.39
Lbr & mgt charge per acre 18.85
Net return over lbr & mgt 59.54
Government payments 9.29
Net return with govt payments 68.83
Cost of Production
Total direct expense per cwt. 13.83
Total dir & ovhd exp per cwt. 17.55
With labor & management 19.28
Total exp less govt & oth income 16.32
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