Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
CORN SILAGE ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 41 8 9
Number of farms 39 8 8
Acres 53.70 58.95 28.99
Yield per acre (ton) 9.15 4.36 15.51
Operators share of yield % 100.00 100.00 100.00
Value per ton 16.28 15.00 18.33
Total product return per acre 148.93 65.43 284.36
Miscellaneous income per acre 15.21 10.10 22.22
Gross return per acre 164.13 75.52 306.58
Direct expenses per acre
Seed 15.29 10.48 21.14
Fertilizer 12.24 9.23 17.87
Crop chemicals 11.54 3.50 21.91
Crop insurance 2.61 0.36 3.12
Fuel & oil 9.50 9.63 11.20
Repairs 16.85 18.21 26.14
Custom hire 2.75 0.18 0.00
Hired labor 0.15 0.00 0.00
Operating interest 3.34 3.07 4.79
Miscellaneous 0.85 0.76 0.00
Total direct expenses per acre 75.13 55.43 106.18
Return over direct expenses per acre 89.01 20.09 200.41
Overhead expenses per acre
Hired labor 2.68 2.57 1.76
Machinery & bldg leases 1.18 0.23 2.62
RE & pers. property taxes 3.08 4.11 2.80
Farm insurance 2.02 1.49 4.16
Utilities 2.10 1.44 2.88
Dues & professional fees 0.44 0.27 0.82
Interest 13.49 18.73 21.51
Mach & bldg depreciation 10.12 5.90 12.16
Miscellaneous 3.99 3.41 2.20
Total overhead expenses per acre 39.11 38.14 50.90
Total listed expenses per acre 114.24 93.58 157.08
Net return per acre 49.89 -18.05 149.50
Total direct expense per ton 8.21 12.71 6.85
Total listed expense per ton 12.49 21.45 10.13
Net return per ton 5.45 -4.14 9.64
Breakeven yield per acre 6.08 5.57 7.36
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
CORN SILAGE ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 31 6 6
Number of farms 30 6 6
Acres 60.89 73.70 32.33
Yield per acre (ton) 8.72 4.97 13.50
Operators share of yield % 100.00 100.00 100.00
Value per ton 16.95 15.53 18.35
Total product return per acre 147.80 77.18 247.80
Miscellaneous income per acre 13.01 6.96 19.66
Gross return per acre 160.82 84.14 267.46
Direct expenses per acre
Seed 20.32 21.45 18.73
Fertilizer 16.88 17.92 14.94
Crop chemicals 16.09 12.35 21.67
Crop insurance 3.86 8.16 2.84
Fuel & oil 10.49 10.27 11.10
Repairs 18.84 16.87 23.46
Custom hire 7.62 0.23 0.36
Land rent 26.28 21.51 32.24
Operating interest 4.21 5.82 4.94
Total direct expenses per acre 124.59 114.57 130.28
Return over direct expenses per acre 36.23 -30.43 137.18
Overhead expenses per acre
Hired labor 6.18 2.24 3.49
Machinery & bldg leases 1.91 1.54 5.46
Farm insurance 2.37 2.33 2.72
Utilities 1.92 2.76 2.01
Dues & professional fees 0.68 0.53 0.20
Interest 4.35 4.14 8.57
Mach & bldg depreciation 9.64 5.22 10.21
Miscellaneous 4.37 4.01 2.86
Total overhead expenses per acre 31.43 22.76 35.51
Total listed expenses per acre 156.01 137.34 165.79
Net return per acre 4.80 -53.20 101.66
Total direct expense per ton 14.29 23.06 9.65
Total listed expense per ton 17.89 27.64 12.28
Net return per ton 0.55 -10.71 7.53
Breakeven yield per acre 8.44 8.39 7.96