Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
PREVENTED PLANTING ON OWNED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 213 49 55
Number of farms 98 20 20
Acres 115.66 88.72 93.18
Yield per acre 0.00 0.00 0.00
Operators share of yield % 100.00 100.00 100.00
Value per unit 0.00 0.00 0.00
Other product return per acre 0.00 0.00 0.00
Total product return per acre 0.00 0.00 0.00
Miscellaneous income per acre 55.87 28.51 87.85
Gross return per acre 55.87 28.51 87.85
Direct expenses per acre
Fertilizer 0.56 0.17 0.00
Crop chemicals 4.16 3.18 4.86
Crop insurance 4.69 3.34 4.14
Fuel & oil 3.06 4.69 1.73
Repairs 5.29 7.54 3.49
Custom hire 0.30 0.00 0.03
Operating interest 1.49 1.54 0.96
Miscellaneous 0.10 0.05
Total direct expenses per acre 19.66 20.51 15.22
Return over direct expenses per acre 36.21 8.00 72.63
Overhead expenses per acre
Hired labor 1.41 0.40 2.29
Machinery & bldg leases 0.65 1.49 0.67
RE & pers. property taxes 3.83 3.54 2.93
Farm insurance 0.92 0.82 0.62
Utilities 0.87 0.65 0.72
Dues & professional fees 0.32 0.17 0.16
Interest 13.86 13.75 10.12
Mach & bldg depreciation 4.13 3.98 2.61
Miscellaneous 1.56 1.82 2.06
Total overhead expenses per acre 27.54 26.62 22.18
Total listed expenses per acre 47.20 47.13 37.40
Net return per acre 8.67 -18.63 50.45
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
PREVENTED PLANTING ON CASH RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 278 63 52
Number of farms 108 22 22
Acres 122.56 120.40 139.18
Yield per acre 0.00 0.00 0.00
Operators share of yield % 100.00 100.00 100.00
Value per unit 0.00 0.00 0.00
Total product return per acre 0.00 0.00 0.00
Miscellaneous income per acre 59.07 33.32 92.58
Gross return per acre 59.07 33.32 92.58
Direct expenses per acre
Fertilizer 0.41 0.76 0.01
Crop chemicals 3.34 5.64 2.10
Crop insurance 5.44 3.34 6.39
Fuel & oil 2.64 2.81 1.48
Repairs 4.80 6.37 2.18
Custom hire 0.32 0.34 0.05
Land rent 25.50 27.05 24.95
Operating interest 1.58 2.06 0.49
Miscellaneous 0.14 0.06 0.54
Total direct expenses per acre 44.16 48.43 38.19
Return over direct expenses per acre 14.90 -15.11 54.39
Overhead expenses per acre
Hired labor 1.14 0.81 1.75
Machinery & bldg leases 0.53 0.31 0.39
Farm insurance 0.88 1.08 0.49
Utilities 0.72 0.86 0.37
Dues & professional fees 0.34 0.58 0.07
Interest 2.21 2.59 1.31
Mach & bldg depreciation 3.62 4.12 2.60
Miscellaneous 1.03 0.98 0.86
Total overhead expenses per acre 10.47 11.33 7.84
Total listed expenses per acre 54.63 59.75 46.03
Net return per acre 4.44 -26.43 46.55
Crop Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
PREVENTED PLANTING ON SHARE RENTED LAND
Average Of Average Of Average Of
All Farms Low 20% High 20%
Number of fields 215 38 36
Number of farms 66 13 13
Acres 94.22 92.40 62.17
Yield per acre 0.00 0.00 0.00
Operators share of yield % 66.49 62.67 71.01
Value per unit 0.00 0.00 0.00
Other product return per acre 0.07 0.00 0.00
Total product return per acre 0.00 0.00 0.00
Miscellaneous income per acre 37.76 24.07 64.94
Gross return per acre 37.76 24.07 64.94
Direct expenses per acre
Fertilizer 0.22 0.13 0.00
Crop chemicals 5.06 6.71 2.73
Crop insurance 3.22 1.94 4.51
Fuel & oil 2.48 2.30 1.50
Repairs 4.90 6.06 1.57
Custom hire 0.21 0.28 0.03
Operating interest 1.57 1.79 0.38
Miscellaneous 0.50 0.38 0.00
Total direct expenses per acre 18.16 19.58 10.71
Return over direct expenses per acre 19.60 4.49 54.23
Overhead expenses per acre
Hired labor 1.25 0.61 3.41
Machinery & bldg leases 0.40 0.10 0.20
Farm insurance 0.77 0.58 0.51
Utilities 0.85 1.03 0.33
Dues & professional fees 0.35 0.43 0.15
Interest 2.24 2.24 1.20
Mach & bldg depreciation 4.19 3.94 3.64
Miscellaneous 0.66 0.91 0.65
Total overhead expenses per acre 10.72 9.85 10.09
Total listed expenses per acre 28.87 29.43 20.80
Net return per acre 8.89 -5.35 44.14