TABLE 11 - 58
Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Prevented planting on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 89 16 22
Number of farms 53 10 11
Acres 81.54 77.93 59.75
Yield per acre - - -
Operators share of yield % 100.00 100.00 100.00
Value per unit - - -
Total product return per acre - - -
Miscellaneous income per acre 65.97 47.63 96.32
Gross return per acre 65.97 47.63 96.32
Direct Expenses
Fertilizer 4.13 15.13 -
Crop chemicals 4.97 4.20 5.52
Crop insurance 5.53 5.22 6.07
Fuel & oil 3.90 4.55 3.55
Repairs 5.44 7.16 5.79
Custom hire 0.50 2.17 -
Operating interest 0.83 0.65 0.90
Miscellaneous 0.11 0.47 -
Total direct expenses per acre 25.42 39.56 21.83
Return over direct exp per acre 40.55 8.08 74.49
Overhead Expenses
Hired labor 1.56 2.64 1.53
RE & pers. property taxes 4.85 5.37 4.46
Farm insurance 1.91 1.91 2.41
Utilities 1.16 1.13 1.64
Dues & professional fees 0.75 0.68 0.55
Interest 12.99 16.93 8.91
Mach & bldg depreciation 4.21 5.48 3.80
Miscellaneous 1.61 2.85 1.19
Total overhead expenses per acre 29.05 36.99 24.51
Total dir & ovhd expenses per acre 54.47 76.54 46.34
Net return per acre 11.50 -28.91 49.98
Lbr & mgt charge per acre 6.51 9.12 5.57
Net return over lbr & mgt 4.99 -38.03 44.41
Government payments 10.82 10.64 11.74
Net return with govt payments 15.81 -27.39 56.15
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