Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Average of All Farms)
MIXED ALFALFA/GRASS HAY ON OWNED LAND
Average For
All Farms
Number of fields 38
Number of farms 21
Acres 49.69
Yield per acre (ton) 1.79
Operators share of yield % 100.00
Value per ton 35.95
Other product return per acre 0.70
Total product return per acre 65.15
Miscellaneous income per acre 0.00
Gross return per acre 65.15
Direct expenses per acre
Seed 0.82
Fertilizer 0.30
Crop chemicals 0.01
Fuel & oil 5.21
Repairs 9.01
Custom hire 0.13
Operating interest 4.14
Miscellaneous 0.34
Total direct expenses per acre 19.95
Return over direct expenses per acre 45.21
Overhead expenses per acre
Hired labor 1.43
Machinery & bldg leases 0.26
RE & pers. property taxes 2.20
Farm insurance 1.06
Utilities 1.00
Dues & professional fees 0.38
Interest 10.44
Mach & bldg depreciation 4.31
Miscellaneous 1.13
Total overhead expenses per acre 22.21
Total listed expenses per acre 42.16
Net return per acre 22.99
Total direct expense per ton 11.13
Total listed expense per ton 23.52
Net return per ton 12.82
Breakeven yield per acre 1.15
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
MIXED ALFALFA/GRASS HAY ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 33 5 5
Number of farms 24 5 5
Acres 106.04 92.92 139.82
Yield per acre (ton) 1.85 1.03 2.32
Operators share of yield % 100.00 100.00 100.00
Value per ton 33.15 32.00 37.53
Other product return per acre 0.04 0.00 0.00
Total product return per acre 61.50 32.99 87.23
Miscellaneous income per acre 0.00 0.00 0.00
Gross return per acre 61.50 32.99 87.23
Direct expenses per acre
Seed 0.42 0.00 2.08
Fertilizer 0.02 0.00 0.00
Fuel & oil 3.30 5.16 2.76
Repairs 7.34 12.84 6.88
Custom hire 0.18 0.00 0.00
Land rent 16.07 11.34 7.78
Operating interest 2.28 4.69 1.93
Miscellaneous 0.70 0.47 0.00
Total direct expenses per acre 30.30 34.51 21.43
Return over direct expenses per acre 31.20 -1.51 65.80
Overhead expenses per acre
Hired labor 2.19 2.44 2.32
Machinery & bldg leases 1.33 0.18 0.36
Farm insurance 0.90 1.16 0.93
Utilities 0.78 1.01 0.45
Dues & professional fees 0.23 0.41 0.45
Interest 3.05 3.40 3.95
Mach & bldg depreciation 4.99 4.35 2.34
Miscellaneous 1.80 1.82 1.02
Total overhead expenses per acre 15.27 14.75 11.83
Total listed expenses per acre 45.57 49.26 33.26
Net return per acre 15.93 -16.27 53.97
Total direct expense per ton 16.34 33.47 9.22
Total listed expense per ton 24.58 47.78 14.31
Net return per ton 8.59 -15.78 23.22
Breakeven yield per acre 1.37 1.54 0.89