North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
PASTURE ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 242 45 57
Number of farms 165 33 33
Acres 352.98 409.60 152.67
Yield per acre 0.81 0.45 1.47
Operators share of yield % 100.00 100.00 100.00
Value per unit 10.24 10.28 10.56
Other product return per acre 0.17 0.00 0.26
Total product return per acre 8.51 4.66 15.79
Miscellaneous income per acre 0.16 0.00 0.48
Gross return per acre 8.67 4.66 16.27
Direct expenses per acre
Seed 0.03 0.02 0.16
Fertilizer 0.02 0.06 0.00
Crop chemicals 0.10 0.21 0.29
Crop insurance 0.03 0.10 0.00
Fuel & oil 0.20 0.22 0.21
Repairs 0.36 0.45 0.34
Custom hire 0.07 0.01 0.06
Operating interest 0.10 0.16 0.09
Total direct expenses per acre 0.91 1.23 1.14
Return over direct expenses per acre 7.76 3.43 15.13
Overhead expenses per acre
Hired labor 0.08 0.06 0.07
Machinery & bldg leases 0.02 0.00 0.02
RE & pers. property taxes 1.74 1.49 2.13
Farm insurance 0.07 0.05 0.07
Utilities 0.05 0.06 0.05
Dues & professional fees 0.01 0.01 0.01
Interest 5.86 5.77 8.38
Mach & bldg depreciation 0.23 0.26 0.23
Miscellaneous 0.08 0.08 0.08
Total overhead expenses per acre 8.15 7.77 11.04
Total listed expenses per acre 9.06 9.00 12.18
Net return per acre -0.39 -4.34 4.09
Total direct expense per unit 1.12 2.71 0.78
Total listed expense per unit 11.13 19.84 8.28
Net return per unit -0.48 -9.56 2.78
Breakeven yield per acre 0.85 0.88 1.08
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
PASTURE ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 381 78 53
Number of farms 175 35 35
Acres 386.85 403.67 286.25
Yield per acre 0.75 0.63 1.19
Operators share of yield % 100.00 100.00 100.00
Value per unit 11.06 10.80 10.72
Other product return per acre 0.01 0.00 0.06
Total product return per acre 8.27 6.86 12.88
Miscellaneous income per acre 0.03 0.03 0.00
Gross return per acre 8.30 6.89 12.88
Direct expenses per acre
Fertilizer 0.02 0.04 0.00
Crop chemicals 0.02 0.01 0.01
Crop insurance 0.01 0.00 0.00
Fuel & oil 0.19 0.26 0.17
Repairs 0.34 0.39 0.37
Custom hire 0.00 0.00 0.00
Land rent 6.72 8.94 4.43
Operating interest 0.11 0.10 0.10
Total direct expenses per acre 7.41 9.74 5.08
Return over direct expenses per acre 0.89 -2.85 7.79
Overhead expenses per acre
Hired labor 0.07 0.08 0.07
Machinery & bldg leases 0.02 0.04 0.02
Farm insurance 0.08 0.12 0.04
Utilities 0.07 0.07 0.05
Dues & professional fees 0.02 0.02 0.02
Interest 0.17 0.13 0.16
Mach & bldg depreciation 0.20 0.23 0.19
Miscellaneous 0.10 0.14 0.06
Total overhead expenses per acre 0.73 0.81 0.60
Total listed expenses per acre 8.14 10.55 5.69
Net return per acre 0.15 -3.66 7.19
Total direct expense per unit 9.92 15.34 4.25
Total listed expense per unit 10.91 16.63 4.76
Net return per unit 0.21 -5.77 6.02
Breakeven yield per acre 0.73 0.97 0.52