Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
ALFALFA HAY ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 123 21 30
Number of farms 91 18 18
Acres 69.86 80.59 36.29
Yield per acre (ton) 2.33 1.45 4.18
Operators share of yield % 100.00 100.00 100.00
Value per ton 42.10 35.55 43.75
Other product return per acre 0.13 0.00 0.00
Total product return per acre 98.20 51.43 182.70
Miscellaneous income per acre 0.02 0.00 0.00
Gross return per acre 98.22 51.43 182.70
Direct expenses per acre
Seed 1.01 1.30 0.52
Fertilizer 0.59 1.80 0.88
Crop chemicals 0.24 1.03 0.01
Fuel & oil 6.40 6.35 8.52
Repairs 10.75 8.73 12.82
Custom hire 0.44 0.45 0.51
Operating interest 2.73 1.82 3.82
Miscellaneous 0.99 0.47 2.52
Total direct expenses per acre 23.15 21.95 29.60
Return over direct expenses per acre 75.07 29.48 153.10
Overhead expenses per acre
Hired labor 3.11 2.69 1.62
Machinery & bldg leases 0.53 0.45 1.37
RE & pers. property taxes 3.00 2.47 4.56
Farm insurance 2.04 1.33 2.11
Utilities 1.99 2.25 1.66
Hauling and trucking 0.01 0.00 0.00
Dues & professional fees 0.33 0.24 0.97
Interest 11.06 12.54 15.25
Mach & bldg depreciation 8.85 8.50 10.50
Miscellaneous 2.60 2.69 3.09
Total overhead expenses per acre 33.51 33.17 41.14
Total listed expenses per acre 56.67 55.12 70.74
Net return per acre 41.55 -3.69 111.97
Total direct expense per ton 9.94 15.17 7.09
Total listed expense per ton 24.33 38.10 16.94
Net return per ton 17.84 -2.55 26.81
Breakeven yield per acre 1.34 1.55 1.62
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
ALFALFA HAY ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 118 23 21
Number of farms 75 15 15
Acres 69.00 120.27 52.05
Yield per acre (ton) 2.39 1.93 3.50
Operators share of yield % 100.00 100.00 100.00
Value per ton 41.59 35.18 45.74
Total product return per acre 99.40 67.72 160.12
Miscellaneous income per acre 1.58 0.00 7.30
Gross return per acre 100.98 67.72 167.42
Direct expenses per acre
Seed 0.71 0.36 0.42
Fertilizer 1.97 0.00 2.89
Crop chemicals 0.08 0.24 0.00
Crop insurance 0.29 0.78 0.14
Fuel & oil 5.59 5.22 7.13
Repairs 10.97 12.35 14.78
Custom hire 3.66 0.70 0.66
Land rent 21.70 24.05 26.93
Operating interest 3.09 3.93 3.40
Miscellaneous 0.81 1.30 0.80
Total direct expenses per acre 48.87 48.94 57.14
Return over direct expenses per acre 52.11 18.78 110.28
Overhead expenses per acre
Hired labor 2.74 1.89 2.03
Machinery & bldg leases 0.70 0.34 2.01
Farm insurance 1.45 1.76 1.04
Utilities 1.02 1.09 1.32
Hauling and trucking 0.01 0.00 0.00
Dues & professional fees 0.43 0.31 0.68
Interest 3.46 3.20 4.50
Mach & bldg depreciation 5.35 4.00 5.55
Miscellaneous 1.90 1.65 1.97
Total overhead expenses per acre 17.07 14.23 19.10
Total listed expenses per acre 65.93 63.17 76.24
Net return per acre 35.04 4.56 91.18
Total direct expense per ton 20.45 25.42 16.32
Total listed expense per ton 27.59 32.81 21.78
Net return per ton 14.66 2.37 26.05
Breakeven yield per acre 1.55 1.80 1.51
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Average of All Farms)
ALFALFA HAY ON SHARE RENTED LAND
Average For
All Farms
Number of fields 16
Number of farms 14
Acres 70.21
Yield per acre (ton) 2.42
Operators share of yield % 64.40
Value per ton 41.75
Total product return per acre 66.81
Miscellaneous income per acre 0.00
Gross return per acre 66.81
Direct expenses per acre
Seed 0.04
Fertilizer 0.81
Fuel & oil 3.60
Repairs 6.68
Custom hire 14.33
Operating interest 1.72
Miscellaneous 0.47
Total direct expenses per acre 27.65
Return over direct expenses per acre 39.17
Overhead expenses per acre
Hired labor 0.88
Machinery & bldg leases 0.19
Farm insurance 0.61
Utilities 0.84
Dues & professional fees 0.41
Interest 2.91
Mach & bldg depreciation 5.08
Miscellaneous 1.47
Total overhead expenses per acre 12.38
Total listed expenses per acre 40.02
Net return per acre 26.79
Total direct expense per ton 17.72
Total listed expense per ton 25.65
Net return per ton 17.17
Breakeven yield per acre 1.49