Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
GRASS HAY ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 87 21 15
Number of farms 63 13 13
Acres 84.66 61.84 114.95
Yield per acre (ton) 1.11 0.31 2.04
Operators share of yield % 100.00 100.00 100.00
Value per ton 29.32 30.40 30.32
Total product return per acre 32.48 9.45 61.97
Miscellaneous income per acre 0.00 0.00 0.00
Gross return per acre 32.48 9.45 61.97
Direct expenses per acre
Seed 0.01 0.05 0.00
Fertilizer 0.33 0.00 1.40
Crop chemicals 0.10 0.53 0.00
Fuel & oil 3.33 3.38 3.91
Repairs 6.18 5.46 6.33
Custom hire 0.29 0.49 0.75
Operating interest 1.89 1.13 2.90
Miscellaneous 1.09 0.04 0.07
Total direct expenses per acre 13.21 11.08 15.36
Return over direct expenses per acre 19.27 -1.63 46.61
Overhead expenses per acre
Hired labor 0.94 0.33 0.96
Machinery & bldg leases 0.26 0.66 0.23
RE & pers. property taxes 2.87 2.23 3.40
Farm insurance 0.90 0.83 1.28
Utilities 0.91 0.74 1.41
Dues & professional fees 0.38 0.31 0.73
Interest 9.22 9.90 10.15
Mach & bldg depreciation 3.74 4.07 3.84
Miscellaneous 1.41 0.69 1.63
Total overhead expenses per acre 20.63 19.76 23.64
Total listed expenses per acre 33.84 30.84 39.00
Net return per acre -1.36 -21.39 22.97
Total direct expense per ton 11.93 35.64 7.52
Total listed expense per ton 30.55 99.21 19.08
Net return per ton -1.23 -68.81 11.24
Breakeven yield per acre 1.15 1.01 1.29
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
GRASS HAY ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 115 25 19
Number of farms 75 15 15
Acres 90.51 123.07 96.67
Yield per acre (ton) 1.09 0.56 1.96
Operators share of yield % 100.00 100.00 100.00
Value per ton 29.06 26.05 31.06
Total product return per acre 31.82 14.59 60.80
Miscellaneous income per acre 0.00 0.00 0.00
Gross return per acre 31.82 14.59 60.80
Direct expenses per acre
Fertilizer 0.11 0.00 0.20
Crop chemicals 0.01 0.01 0.00
Fuel & oil 3.79 4.13 3.85
Repairs 6.41 6.88 5.17
Custom hire 0.24 0.04 0.00
Land rent 8.65 9.53 10.09
Operating interest 1.97 2.92 1.38
Miscellaneous 0.31 0.30 0.68
Total direct expenses per acre 21.49 23.81 21.37
Return over direct expenses per acre 10.32 -9.23 39.44
Overhead expenses per acre
Hired labor 1.40 1.93 1.21
Machinery & bldg leases 0.34 0.34 0.24
Farm insurance 0.73 0.51 0.82
Utilities 0.75 0.56 0.57
Dues & professional fees 0.32 0.51 0.12
Interest 2.45 2.52 2.05
Mach & bldg depreciation 3.27 3.65 2.79
Miscellaneous 1.10 1.08 1.03
Total overhead expenses per acre 10.36 11.09 8.83
Total listed expenses per acre 31.85 34.90 30.20
Net return per acre -0.03 -20.32 30.61
Total direct expense per ton 19.63 42.53 10.91
Total listed expense per ton 29.09 62.33 15.42
Net return per ton -0.03 -36.28 15.63
Breakeven yield per acre 1.10 1.34 0.97
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Average of All Farms)
GRASS HAY ON SHARE RENTED LAND
Average For
All Farms
Number of fields 28
Number of farms 20
Acres 132.99
Yield per acre (ton) 0.66
Operators share of yield % 59.04
Value per ton 29.98
Total product return per acre 12.85
Miscellaneous income per acre 0.33
Gross return per acre 13.18
Direct expenses per acre
Crop chemicals 0.01
Fuel & oil 3.77
Repairs 7.95
Custom hire 0.05
Operating interest 1.31
Miscellaneous 0.04
Total direct expenses per acre 13.13
Return over direct expenses per acre 0.04
Overhead expenses per acre
Hired labor 0.73
Machinery & bldg leases 0.75
Farm insurance 0.97
Utilities 1.00
Dues & professional fees 0.38
Interest 3.06
Mach & bldg depreciation 4.27
Miscellaneous 0.93
Total overhead expenses per acre 12.10
Total listed expenses per acre 25.23
Net return per acre -12.05
Total direct expense per ton 33.67
Total listed expense per ton 64.69
Net return per ton -30.90
Breakeven yield per acre 1.41