Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                           (Farms sorted by Return to Overhead)                      
                                     CRP ON OWNED LAND                               
                                              Average Of   Average Of   Average Of
                                               All Farms     Low 20%      High 20%  
     Number of fields                                101           17           19
     Number of farms                                  70           14           14
     Acres                                        174.14       225.81       195.72
     Yield per acre                                35.63        27.20        45.36
     Operators share of yield %                   100.00       100.00       100.00
     Value per unit                                 1.00         1.00         1.00
     Total product return per acre                 35.63        27.20        45.36
     Miscellaneous income per acre                  0.11         0.00         0.54
     Gross return per acre                         35.75        27.20        45.90
     Direct expenses per acre
       Seed                                         0.60         1.93         0.00
       Crop chemicals                               0.14         0.21         0.00
       Fuel & oil                                   0.38         0.73         0.28
       Repairs                                      0.69         1.69         0.39
       Custom hire                                  0.07         0.00         0.00
       Operating interest                           0.22         0.55         0.08
       Miscellaneous                                0.01         0.00         0.00
     Total direct expenses per acre                 2.10         5.11         0.75
     Return over direct expenses per acre          33.65        22.10        45.15
     Overhead expenses per acre
       Hired labor                                  0.13         0.16         0.13
       Machinery & bldg leases                      0.07         0.28         0.01
       RE & pers. property taxes                    3.79         2.88         4.52
       Farm insurance                               0.30         0.34         0.80
       Utilities                                    0.22         0.43         0.38
       Hauling and trucking                         0.00         0.00         0.00
       Dues & professional fees                     0.05         0.15         0.01
       Interest                                     8.44         5.57         7.23
       Mach & bldg depreciation                     0.39         0.59         0.39
       Miscellaneous                                0.26         0.52         0.36
     Total overhead expenses per acre              13.65        10.92        13.82
     Total listed expenses per acre                15.75        16.02        14.58
     Net return per acre                           20.00        11.18        31.33

 

 

                              Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                                  CRP ON CASH RENTED LAND                            
                                                                Average For
                                                                 All Farms 
               Number of fields                                         32
               Number of farms                                          17
               Acres                                                 88.71
               Yield per acre                                        27.01
               Operators share of yield %                           100.00
               Value per unit                                         1.00
               Total product return per acre                         27.01
               Miscellaneous income per acre                          2.06
               Gross return per acre                                 29.07
               Direct expenses per acre
                 Seed                                                 4.30
                 Crop chemicals                                       0.70
                 Crop insurance                                       0.14
                 Fuel & oil                                           0.26
                 Repairs                                              0.47
                 Custom hire                                          2.33
                 Land rent                                           15.71
                 Operating interest                                   0.22
               Total direct expenses per acre                        24.13
               Return over direct expenses per acre                   4.94
               Overhead expenses per acre
                 Hired labor                                          0.15
                 Machinery & bldg leases                              0.05
                 Farm insurance                                       0.13
                 Utilities                                            0.10
                 Dues & professional fees                             0.05
                 Interest                                             0.34
                 Mach & bldg depreciation                             0.41
                 Miscellaneous                                        0.17
               Total overhead expenses per acre                       1.40
               Total listed expenses per acre                        25.53
               Net return per acre                                    3.54

 

 

                              Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                                 CRP ON SHARE RENTED LAND                            
                                                                Average For
                                                                 All Farms 
               Number of fields                                         32
               Number of farms                                          20
               Acres                                                116.46
               Yield per acre                                        31.20
               Operators share of yield %                            35.71
               Value per unit                                         1.00
               Total product return per acre                         10.38
               Miscellaneous income per acre                          0.41
               Gross return per acre                                 10.79
               Direct expenses per acre
                 Seed                                                 0.31
                 Crop chemicals                                       0.04
                 Fuel & oil                                           0.33
                 Repairs                                              0.41
                 Operating interest                                   0.16
               Total direct expenses per acre                         1.25
               Return over direct expenses per acre                   9.54
               Overhead expenses per acre
                 Hired labor                                          0.06
                 Machinery & bldg leases                              0.02
                 Farm insurance                                       0.08
                 Utilities                                            0.13
                 Dues & professional fees                             0.01
                 Interest                                             0.24
                 Mach & bldg depreciation                             0.47
                 Miscellaneous                                        0.16
               Total overhead expenses per acre                       1.18
               Total listed expenses per acre                         2.44
               Net return per acre                                    8.36