Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
CANOLA ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 78 17 13
Number of farms 57 11 11
Acres 90.17 85.02 128.28
Yield per acre (cwt) 12.44 7.53 15.70
Operators share of yield % 100.00 100.00 100.00
Value per cwt 10.12 9.13 10.79
Total product return per acre 125.83 68.80 169.47
Miscellaneous income per acre 2.73 6.31 5.11
Gross return per acre 128.56 75.11 174.57
Direct expenses per acre
Seed 16.50 19.22 14.14
Fertilizer 16.82 16.11 16.18
Crop chemicals 13.56 12.81 17.47
Crop insurance 4.11 4.59 3.62
Fuel & oil 4.81 4.66 4.22
Repairs 9.73 8.93 9.75
Custom hire 2.63 5.06 0.87
Operating interest 2.83 2.86 1.91
Miscellaneous 0.77 0.00 0.00
Total direct expenses per acre 71.78 74.25 68.15
Return over direct expenses per acre 56.78 0.86 106.43
Overhead expenses per acre
Hired labor 2.48 2.60 1.26
Machinery & bldg leases 0.55 0.63 0.38
RE & pers. property taxes 3.89 3.32 3.38
Farm insurance 1.46 1.10 1.35
Utilities 1.54 1.16 1.42
Hauling and trucking 0.05 0.00 0.19
Dues & professional fees 0.47 0.26 0.44
Interest 16.17 19.56 12.09
Mach & bldg depreciation 9.46 5.70 12.17
Miscellaneous 2.68 2.50 1.73
Total overhead expenses per acre 38.74 36.82 34.41
Total listed expenses per acre 110.53 111.07 102.56
Net return per acre 18.04 -35.96 72.02
Total direct expense per cwt 5.77 9.86 4.34
Total listed expense per cwt 8.88 14.74 6.53
Net return per cwt 1.45 -4.77 4.59
Breakeven yield per acre 10.66 11.47 9.03
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
CANOLA ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 118 18 22
Number of farms 71 14 14
Acres 112.41 80.33 116.20
Yield per acre (cwt) 12.42 5.80 15.08
Operators share of yield % 100.00 100.00 100.00
Value per cwt 10.68 10.12 11.22
Total product return per acre 132.62 58.65 169.15
Miscellaneous income per acre 4.48 12.74 5.20
Gross return per acre 137.10 71.39 174.35
Direct expenses per acre
Seed 18.62 17.53 17.02
Fertilizer 18.35 16.19 16.46
Crop chemicals 14.86 14.80 12.75
Crop insurance 4.62 4.08 3.29
Fuel & oil 5.35 6.04 4.81
Repairs 9.84 12.37 7.61
Custom hire 5.18 4.43 0.62
Land rent 31.27 29.19 29.15
Operating interest 3.92 3.92 2.29
Miscellaneous 1.07 0.92 0.00
Total direct expenses per acre 113.08 109.46 94.00
Return over direct expenses per acre 24.02 -38.06 80.34
Overhead expenses per acre
Hired labor 2.88 1.50 3.64
Machinery & bldg leases 2.35 0.40 0.07
Farm insurance 1.48 1.56 1.38
Utilities 1.22 1.29 1.35
Hauling and trucking 0.07 0.00 0.13
Dues & professional fees 0.49 0.23 0.47
Interest 3.46 4.10 1.87
Mach & bldg depreciation 9.66 6.80 9.93
Miscellaneous 2.19 1.80 1.47
Total overhead expenses per acre 23.80 17.69 20.31
Total listed expenses per acre 136.88 127.14 114.32
Net return per acre 0.22 -55.75 60.03
Total direct expense per cwt 9.10 18.88 6.23
Total listed expense per cwt 11.02 21.94 7.58
Net return per cwt 0.02 -9.62 3.98
Breakeven yield per acre 12.40 11.31 9.73
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
CANOLA ON SHARE RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 51 8 9
Number of farms 34 7 7
Acres 73.77 89.48 74.60
Yield per acre (cwt) 12.37 9.90 17.13
Operators share of yield % 68.15 80.31 67.86
Value per cwt 9.97 9.29 10.88
Total product return per acre 82.21 70.31 126.74
Miscellaneous income per acre 3.14 0.60 0.97
Gross return per acre 85.34 70.90 127.71
Direct expenses per acre
Seed 15.30 24.31 16.43
Fertilizer 15.06 20.00 8.71
Crop chemicals 13.25 10.69 18.24
Crop insurance 4.91 9.84 4.28
Fuel & oil 5.73 6.73 6.27
Repairs 11.17 14.96 16.28
Custom hire 1.84 5.87 2.11
Operating interest 3.06 3.61 4.90
Miscellaneous 0.13 0.63 0.00
Total direct expenses per acre 70.44 96.64 77.23
Return over direct expenses per acre 14.90 -25.74 50.47
Overhead expenses per acre
Hired labor 3.86 2.01 5.96
Machinery & bldg leases 1.51 4.00 0.25
Farm insurance 1.50 1.36 2.21
Utilities 1.68 1.32 2.35
Dues & professional fees 0.58 0.18 0.66
Interest 3.43 4.27 6.12
Mach & bldg depreciation 9.17 8.28 10.65
Miscellaneous 2.37 2.36 2.30
Total overhead expenses per acre 24.11 23.78 30.50
Total listed expenses per acre 94.55 120.42 107.73
Net return per acre -9.21 -49.52 19.98
Total direct expense per cwt 8.36 12.16 6.64
Total listed expense per cwt 11.22 15.15 9.27
Net return per cwt -1.09 -6.23 1.72
Breakeven yield per acre 13.46 16.06 14.46