Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
BARLEY ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 116 20 26
Number of farms 85 17 17
Acres 85.40 76.13 91.10
Yield per acre (bushel) 44.13 23.90 53.01
Operators share of yield % 100.00 100.00 100.00
Value per bushel 2.11 1.48 2.30
Other product return per acre 0.19 0.00 0.68
Total product return per acre 93.18 35.43 122.42
Miscellaneous income per acre 12.16 11.67 26.52
Gross return per acre 105.34 47.10 148.94
Direct expenses per acre
Seed 4.91 3.54 5.14
Fertilizer 13.39 10.29 13.71
Crop chemicals 9.00 5.33 8.17
Crop insurance 4.26 3.83 5.30
Drying fuel 0.05 0.00 0.08
Fuel & oil 5.29 6.55 4.74
Repairs 8.74 9.48 8.18
Custom hire 1.30 1.69 0.40
Operating interest 2.63 2.92 2.21
Miscellaneous 0.14 0.00 0.00
Total direct expenses per acre 49.72 43.62 47.94
Return over direct expenses per acre 55.61 3.48 101.00
Overhead expenses per acre
Hired labor 2.63 3.08 2.23
Machinery & bldg leases 0.52 0.78 0.59
RE & pers. property taxes 4.13 3.60 4.04
Farm insurance 1.46 1.53 1.56
Utilities 1.53 1.37 1.55
Hauling and trucking 0.03 0.00 0.14
Dues & professional fees 0.20 0.30 0.12
Interest 14.30 13.93 13.61
Mach & bldg depreciation 9.34 5.98 10.66
Miscellaneous 2.31 2.16 2.17
Total overhead expenses per acre 36.45 32.73 36.65
Total listed expenses per acre 86.18 76.35 84.59
Net return per acre 19.16 -29.25 64.35
Total direct expense per bushel 1.13 1.82 0.90
Total listed expense per bushel 1.95 3.19 1.60
Net return per bushel 0.43 -1.22 1.21
Breakeven yield per acre 35.03 43.64 24.99
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
BARLEY ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 162 23 38
Number of farms 103 21 21
Acres 97.67 83.08 99.53
Yield per acre (bushel) 49.91 32.10 63.45
Operators share of yield % 100.00 100.00 100.00
Value per bushel 2.15 1.47 2.45
Other product return per acre 0.04 0.00 0.00
Total product return per acre 107.40 47.29 155.39
Miscellaneous income per acre 3.29 5.75 5.69
Gross return per acre 110.68 53.04 161.08
Direct expenses per acre
Seed 5.37 4.33 6.25
Fertilizer 12.76 12.62 13.56
Crop chemicals 10.04 7.70 13.02
Crop insurance 4.99 4.98 5.14
Drying fuel 0.04 0.00 0.05
Fuel & oil 5.88 6.91 4.93
Repairs 9.90 11.61 7.60
Custom hire 1.65 1.76 2.97
Hired labor 0.18 0.03 0.00
Land rent 28.94 26.99 29.76
Operating interest 2.81 3.52 2.34
Miscellaneous 0.14 0.07 0.28
Total direct expenses per acre 82.68 80.50 85.89
Return over direct expenses per acre 28.00 -27.46 75.19
Overhead expenses per acre
Hired labor 3.29 2.04 2.77
Machinery & bldg leases 1.06 0.91 0.51
Farm insurance 1.32 1.19 1.19
Utilities 1.18 1.54 1.05
Hauling and trucking 0.04 0.00 0.08
Dues & professional fees 0.30 0.37 0.26
Interest 3.86 3.41 3.06
Mach & bldg depreciation 8.60 6.62 8.65
Miscellaneous 2.16 1.52 2.06
Total overhead expenses per acre 21.81 17.60 19.61
Total listed expenses per acre 104.50 98.10 105.50
Net return per acre 6.18 -45.06 55.58
Total direct expense per bushel 1.66 2.51 1.35
Total listed expense per bushel 2.09 3.06 1.66
Net return per bushel 0.12 -1.40 0.88
Breakeven yield per acre 47.03 62.68 40.75
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
BARLEY ON SHARE RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 101 15 19
Number of farms 62 12 12
Acres 77.68 54.10 86.59
Yield per acre (bushel) 45.86 32.63 66.62
Operators share of yield % 67.46 64.58 72.45
Value per bushel 2.10 1.63 2.16
Other product return per acre 0.02 0.15 0.00
Total product return per acre 65.07 33.62 102.70
Miscellaneous income per acre 5.31 5.46 4.59
Gross return per acre 70.38 39.08 107.29
Direct expenses per acre
Seed 4.51 4.28 4.53
Fertilizer 11.62 10.69 13.38
Crop chemicals 7.37 7.77 7.69
Crop insurance 3.39 5.60 3.79
Drying fuel 0.04 0.00 0.00
Fuel & oil 5.60 7.69 5.39
Repairs 9.62 13.66 9.48
Custom hire 0.78 0.85 0.30
Operating interest 2.10 2.69 2.41
Miscellaneous 0.16 1.32 0.00
Total direct expenses per acre 45.20 54.56 46.97
Return over direct expenses per acre 25.18 -15.48 60.32
Overhead expenses per acre
Hired labor 3.39 1.85 4.80
Machinery & bldg leases 1.27 0.79 1.25
Farm insurance 1.44 1.75 1.98
Utilities 1.26 1.18 1.36
Hauling and trucking 0.08 0.09 0.21
Dues & professional fees 0.39 0.48 0.46
Interest 4.27 4.88 5.90
Mach & bldg depreciation 8.33 6.15 10.02
Miscellaneous 2.48 2.95 2.67
Total overhead expenses per acre 22.91 20.10 28.67
Total listed expenses per acre 68.11 74.66 75.64
Net return per acre 2.28 -35.58 31.65
Total direct expense per bushel 1.46 2.59 0.97
Total listed expense per bushel 2.20 3.54 1.57
Net return per bushel 0.07 -1.69 0.66
Breakeven yield per acre 44.31 65.54 45.34