TABLE 11 - 12
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Beans, Pinto on Owned Land
Avg. Of
All Farms
Number of fields 18
Number of farms 10
Acres 107.23
Yield per acre (cwt.) 9.69
Operators share of yield % 100.00
Value per cwt. 25.84
Total product return per acre 250.51
Miscellaneous income per acre 50.71
Gross return per acre 301.22
Direct Expenses
Seed 18.64
Fertilizer 18.42
Crop chemicals 31.78
Crop insurance 11.70
Fuel & oil 14.57
Repairs 18.25
Custom hire 0.98
Operating interest 6.66
Miscellaneous 0.79
Total direct expenses per acre 121.80
Return over direct exp per acre 179.42
Overhead Expenses
Hired labor 11.10
Machinery & bldg leases 0.53
RE & pers. property taxes 5.74
Farm insurance 2.96
Utilities 2.25
Dues & professional fees 1.20
Interest 17.06
Mach & bldg depreciation 27.96
Miscellaneous 3.35
Total overhead expenses per acre 72.14
Total dir & ovhd expenses per acre 193.93
Net return per acre 107.28
Lbr & mgt charge per acre 21.46
Net return over lbr & mgt 85.83
Government payments 10.81
Net return with govt payments 96.64
Cost of Production
Total direct expense per cwt. 12.56
Total dir & ovhd exp per cwt. 20.00
With labor & management 22.22
Total exp less govt & oth income 15.87
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