Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
FLAX ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 26 5 8
Number of farms 23 5 5
Acres 91.83 54.32 84.81
Yield per acre (bushel) 20.67 12.29 24.54
Operators share of yield % 100.00 100.00 100.00
Value per bushel 5.56 4.41 6.16
Total product return per acre 114.96 54.18 151.08
Miscellaneous income per acre 4.62 1.43 7.01
Gross return per acre 119.59 55.61 158.09
Direct expenses per acre
Seed 6.32 8.25 5.57
Fertilizer 10.64 12.86 8.91
Crop chemicals 9.60 8.64 10.25
Crop insurance 3.40 3.84 2.37
Drying fuel 0.05 0.00 0.01
Fuel & oil 6.16 6.83 7.54
Repairs 11.95 13.54 11.17
Custom hire 4.73 0.00 10.26
Operating interest 3.25 6.68 2.38
Total direct expenses per acre 56.10 60.63 58.47
Return over direct expenses per acre 63.49 -5.02 99.62
Overhead expenses per acre
Hired labor 0.87 0.28 1.60
Machinery & bldg leases 0.43 0.00 0.51
RE & pers. property taxes 4.50 3.57 4.47
Farm insurance 1.53 1.71 1.30
Utilities 1.83 2.64 1.33
Dues & professional fees 1.08 0.54 1.72
Interest 16.81 10.26 19.56
Mach & bldg depreciation 9.16 6.35 7.52
Miscellaneous 2.49 0.89 3.43
Total overhead expenses per acre 38.70 26.23 41.44
Total listed expenses per acre 94.81 86.86 99.91
Net return per acre 24.78 -31.25 58.18
Total direct expense per bushel 2.71 4.93 2.38
Total listed expense per bushel 4.59 7.07 4.07
Net return per bushel 1.20 -2.54 2.37
Breakeven yield per acre 16.22 19.39 15.09
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
FLAX ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 44 7 16
Number of farms 30 6 6
Acres 81.33 125.49 58.18
Yield per acre (bushel) 19.56 9.41 26.52
Operators share of yield % 100.00 100.00 100.00
Value per bushel 5.41 4.62 5.91
Total product return per acre 105.85 43.47 156.68
Miscellaneous income per acre 3.01 9.26 2.83
Gross return per acre 108.86 52.73 159.51
Direct expenses per acre
Seed 6.53 6.39 5.82
Fertilizer 11.72 13.52 10.33
Crop chemicals 10.23 8.91 14.74
Crop insurance 3.61 3.82 2.04
Fuel & oil 5.30 3.68 4.69
Repairs 9.95 6.61 10.87
Custom hire 2.30 1.25 5.89
Land rent 27.18 24.36 25.93
Operating interest 2.59 2.06 2.36
Miscellaneous 0.49 0.61 0.01
Total direct expenses per acre 79.88 71.21 82.68
Return over direct expenses per acre 28.98 -18.48 76.83
Overhead expenses per acre
Hired labor 2.35 1.33 3.36
Machinery & bldg leases 0.59 0.28 0.32
Farm insurance 1.22 0.78 1.65
Utilities 1.16 0.95 1.17
Hauling and trucking 0.09 0.00 0.00
Dues & professional fees 0.53 0.18 1.75
Interest 2.49 2.14 2.19
Mach & bldg depreciation 8.63 4.24 8.93
Miscellaneous 2.32 1.02 1.08
Total overhead expenses per acre 19.40 10.91 20.47
Total listed expenses per acre 99.28 82.11 103.15
Net return per acre 9.58 -29.38 56.36
Total direct expense per bushel 4.08 7.57 3.12
Total listed expense per bushel 5.08 8.73 3.89
Net return per bushel 0.49 -3.12 2.13
Breakeven yield per acre 17.79 15.77 16.98
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Average of All Farms)
FLAX ON SHARE RENTED LAND
Average For
All Farms
Number of fields 28
Number of farms 18
Acres 74.47
Yield per acre (bushel) 21.44
Operators share of yield % 64.31
Value per bushel 5.65
Total product return per acre 78.20
Miscellaneous income per acre 1.36
Gross return per acre 79.55
Direct expenses per acre
Seed 6.19
Fertilizer 9.49
Crop chemicals 11.41
Crop insurance 2.06
Fuel & oil 4.17
Repairs 8.64
Custom hire 1.26
Operating interest 2.03
Miscellaneous 0.39
Total direct expenses per acre 45.64
Return over direct expenses per acre 33.91
Overhead expenses per acre
Hired labor 2.88
Machinery & bldg leases 0.28
Farm insurance 1.42
Utilities 1.34
Hauling and trucking 0.02
Dues & professional fees 0.65
Interest 3.23
Mach & bldg depreciation 10.90
Miscellaneous 1.48
Total overhead expenses per acre 22.19
Total listed expenses per acre 67.83
Net return per acre 11.72
Total direct expense per bushel 3.31
Total listed expense per bushel 4.92
Net return per bushel 0.85
Breakeven yield per acre 18.31