Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                                  SAFFLOWER ON OWNED LAND                            
                                                                Average For
                                                                 All Farms 
               Number of fields                                          6
               Number of farms                                           6
               Acres                                                133.48
               Yield per acre (lb)                                  959.79
               Operators share of yield %                           100.00
               Value per lb                                           0.10
               Total product return per acre                         99.94
               Miscellaneous income per acre                         12.14
               Gross return per acre                                112.08
               Direct expenses per acre
                 Seed                                                 6.74
                 Fertilizer                                           8.22
                 Crop chemicals                                      12.64
                 Crop insurance                                       0.52
                 Fuel & oil                                           4.17
                 Repairs                                              7.23
                 Custom hire                                          2.28
                 Operating interest                                   1.82
                 Miscellaneous                                        0.55
               Total direct expenses per acre                        44.17
               Return over direct expenses per acre                  67.91
               Overhead expenses per acre
                 Hired labor                                          2.56
                 Machinery & bldg leases                              0.07
                 RE & pers. property taxes                            2.48
                 Farm insurance                                       1.06
                 Utilities                                            0.65
                 Interest                                             8.80
                 Mach & bldg depreciation                             5.04
                 Miscellaneous                                        2.79
               Total overhead expenses per acre                      23.45
               Total listed expenses per acre                        67.62
               Net return per acre                                   44.46
               Total direct expense per lb                            0.05
               Total listed expense per lb                            0.07
               Net return per lb                                      0.05
               Breakeven yield per acre                             532.83

 

 

                              Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                               SAFFLOWER ON CASH RENTED LAND                         
                                                                Average For
                                                                 All Farms 
               Number of fields                                         13
               Number of farms                                           8
               Acres                                                 61.76
               Yield per acre (lb)                                  863.81
               Operators share of yield %                           100.00
               Value per lb                                           0.09
               Total product return per acre                         76.52
               Miscellaneous income per acre                          0.00
               Gross return per acre                                 76.52
               Direct expenses per acre
                 Seed                                                 5.17
                 Fertilizer                                          10.26
                 Crop chemicals                                      14.07
                 Crop insurance                                       2.20
                 Fuel & oil                                           3.54
                 Repairs                                              6.19
                 Custom hire                                          4.36
                 Land rent                                           22.01
                 Machinery & bldg leases                              0.10
                 Operating interest                                   1.00
                 Miscellaneous                                        0.36
               Total direct expenses per acre                        69.25
               Return over direct expenses per acre                   7.28
               Overhead expenses per acre
                 Hired labor                                          0.97
                 Machinery & bldg leases                              0.08
                 Farm insurance                                       0.87
                 Utilities                                            0.71
                 Interest                                             2.34
                 Mach & bldg depreciation                             7.12
                 Miscellaneous                                        1.39
               Total overhead expenses per acre                      13.49
               Total listed expenses per acre                        82.74
               Net return per acre                                   -6.22
               Total direct expense per lb                            0.08
               Total listed expense per lb                            0.10
               Net return per lb                                     -0.01
               Breakeven yield per acre                             933.97

 

 

                              Crop Enterprise Analysis, 1999                         
                  North Dakota Farm Business Management Education Program            
                                       State Report                                  
                                  (Average of All Farms)                             
                              SAFFLOWER ON SHARE RENTED LAND                         
                                                                Average For
                                                                 All Farms 
               Number of fields                                          6
               Number of farms                                           5
               Acres                                                 60.33
               Yield per acre (lb)                                  793.00
               Operators share of yield %                            71.30
               Value per lb                                           0.10
               Total product return per acre                         56.26
               Miscellaneous income per acre                          0.00
               Gross return per acre                                 56.26
               Direct expenses per acre
                 Seed                                                 0.91
                 Fertilizer                                           9.87
                 Crop chemicals                                      10.90
                 Crop insurance                                       0.91
                 Fuel & oil                                           3.46
                 Repairs                                              6.14
                 Custom hire                                          0.50
                 Operating interest                                   1.72
                 Miscellaneous                                        0.80
               Total direct expenses per acre                        35.20
               Return over direct expenses per acre                  21.06
               Overhead expenses per acre
                 Hired labor                                          0.70
                 Machinery & bldg leases                              0.16
                 Farm insurance                                       0.62
                 Utilities                                            0.83
                 Interest                                             2.71
                 Mach & bldg depreciation                             3.64
                 Miscellaneous                                        1.83
               Total overhead expenses per acre                      10.51
               Total listed expenses per acre                        45.71
               Net return per acre                                   10.55
               Total direct expense per lb                            0.06
               Total listed expense per lb                            0.08
               Net return per lb                                      0.02
               Breakeven yield per acre                             649.93