Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                                 FIELD PEAS ON OWNED LAND                            
                                                                Average For
                                                                 All Farms 
               Number of fields                                          9
               Number of farms                                           9
               Acres                                                 87.68
               Yield per acre (bushel)                               20.51
               Operators share of yield %                           100.00
               Value per bushel                                       2.79
               Total product return per acre                         57.13
               Miscellaneous income per acre                          5.66
               Gross return per acre                                 62.79
               Direct expenses per acre
                 Seed                                                11.88
                 Fertilizer                                           6.87
                 Crop chemicals                                      13.98
                 Crop insurance                                       2.00
                 Fuel & oil                                           5.57
                 Repairs                                             10.13
                 Custom hire                                          0.35
                 Operating interest                                   1.10
               Total direct expenses per acre                        51.89
               Return over direct expenses per acre                  10.90
               Overhead expenses per acre
                 Hired labor                                          4.06
                 Machinery & bldg leases                              1.33
                 RE & pers. property taxes                            3.22
                 Farm insurance                                       1.32
                 Utilities                                            1.11
                 Dues & professional fees                             0.17
                 Interest                                            12.88
                 Mach & bldg depreciation                             8.96
                 Miscellaneous                                        2.47
               Total overhead expenses per acre                      35.52
               Total listed expenses per acre                        87.40
               Net return per acre                                  -24.61
               Total direct expense per bushel                        2.53
               Total listed expense per bushel                        4.26
               Net return per bushel                                 -1.20
               Breakeven yield per acre                              29.35

 

 

                              Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                              FIELD PEAS ON CASH RENTED LAND                         
                                                                Average For
                                                                 All Farms 
               Number of fields                                         12
               Number of farms                                          10
               Acres                                                 60.10
               Yield per acre (bushel)                               19.31
               Operators share of yield %                           100.00
               Value per bushel                                       3.06
               Total product return per acre                         59.04
               Miscellaneous income per acre                          4.16
               Gross return per acre                                 63.20
               Direct expenses per acre
                 Seed                                                16.09
                 Fertilizer                                           5.29
                 Crop chemicals                                      16.87
                 Crop insurance                                       0.88
                 Fuel & oil                                           5.92
                 Repairs                                              8.00
                 Custom hire                                          0.62
                 Land rent                                           27.39
                 Operating interest                                   1.23
                 Miscellaneous                                        0.06
               Total direct expenses per acre                        82.36
               Return over direct expenses per acre                 -19.17
               Overhead expenses per acre
                 Hired labor                                          4.65
                 Machinery & bldg leases                              1.02
                 Farm insurance                                       1.90
                 Utilities                                            2.11
                 Dues & professional fees                             0.40
                 Interest                                             2.33
                 Mach & bldg depreciation                            14.04
                 Miscellaneous                                        3.56
               Total overhead expenses per acre                      30.01
               Total listed expenses per acre                       112.37
               Net return per acre                                  -49.18
               Total direct expense per bushel                        4.27
               Total listed expense per bushel                        5.82
               Net return per bushel                                 -2.55
               Breakeven yield per acre                              35.39

 

                              Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                              FIELD PEAS ON SHARE RENTED LAND                        
                                                                Average For
                                                                 All Farms 
               Number of fields                                          7
               Number of farms                                           7
               Acres                                                135.41
               Yield per acre (bushel)                               28.86
               Operators share of yield %                            66.66
               Value per bushel                                       3.29
               Total product return per acre                         60.35
               Miscellaneous income per acre                          3.34
               Gross return per acre                                 63.69
               Direct expenses per acre
                 Seed                                                11.49
                 Fertilizer                                           4.02
                 Crop chemicals                                       9.96
                 Crop insurance                                       1.70
                 Fuel & oil                                           3.99
                 Repairs                                              6.49
                 Custom hire                                          0.06
                 Operating interest                                   0.83
               Total direct expenses per acre                        38.54
               Return over direct expenses per acre                  25.15
               Overhead expenses per acre
                 Hired labor                                          3.68
                 Machinery & bldg leases                              0.93
                 Farm insurance                                       1.15
                 Utilities                                            0.92
                 Dues & professional fees                             0.21
                 Interest                                             2.31
                 Mach & bldg depreciation                             9.43
                 Miscellaneous                                        2.52
               Total overhead expenses per acre                      21.15
               Total listed expenses per acre                        59.69
               Net return per acre                                    4.00
               Total direct expense per bushel                        2.00
               Total listed expense per bushel                        3.10
               Net return per bushel                                  0.21
               Breakeven yield per acre                              25.66