TABLE 11 - 24
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Flax on Owned Land
Avg. Of
All Farms Low 20% High 20%
Number of fields 65 10 12
Number of farms 44 8 9
Acres 84.33 123.23 87.42
Yield per acre (bushel) 17.73 10.15 25.30
Operators share of yield % 100.00 100.00 100.00
Value per bushel 5.53 5.86 5.68
Total product return per acre 98.10 59.46 143.57
Miscellaneous income per acre 3.95 2.70 5.63
Gross return per acre 102.05 62.16 149.20
Direct Expenses
Seed 5.87 6.09 6.80
Fertilizer 9.64 9.09 6.89
Crop chemicals 13.35 9.50 18.03
Crop insurance 3.92 3.34 5.11
Fuel & oil 8.02 8.27 7.35
Repairs 12.68 15.08 9.10
Custom hire 2.75 1.30 1.91
Operating interest 2.82 2.55 3.26
Miscellaneous 0.12 0.00 0.28
Total direct expenses per acre 59.16 55.22 58.72
Return over direct exp per acre 42.89 6.94 90.48
Overhead Expenses
Hired labor 3.04 2.59 2.27
Machinery & bldg leases 1.23 0.18 2.57
RE & pers. property taxes 4.77 5.96 4.72
Farm insurance 1.90 2.60 1.03
Utilities 1.94 2.15 1.35
Dues & professional fees 0.63 0.80 0.26
Interest 18.44 19.35 17.18
Mach & bldg depreciation 11.08 14.19 10.96
Miscellaneous 2.80 3.27 1.20
Total overhead expenses per acre 45.82 51.11 41.52
Total dir & ovhd expenses per acre 104.98 106.33 100.24
Net return per acre -2.93 -44.17 48.96
Lbr & mgt charge per acre 15.88 15.03 13.61
Net return over lbr & mgt -18.81 -59.20 35.35
Government payments 22.04 24.44 22.78
Net return with govt payments 3.23 -34.76 58.13
Cost of Production
Total direct expense per bushel 3.34 5.44 2.32
Total dir & ovhd exp per bushel 5.92 10.48 3.96
With labor & management 6.82 11.96 4.50
Total exp less govt & oth income 5.35 9.29 3.38