TABLE 11 - 51
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Mixed on Share Rent
Avg. Of
All Farms
Number of fields 20
Number of farms 13
Acres 125.05
Yield per acre (ton) 1.46
Operators share of yield % 54.97
Value per ton 33.21
Total product return per acre 27.67
Miscellaneous income per acre -
Gross return per acre 27.67
Direct Expenses
Seed 0.10
Fuel & oil 3.83
Repairs 5.27
Operating interest 0.99
Miscellaneous 0.22
Total direct expenses per acre 10.41
Return over direct exp per acre 17.27
Overhead Expenses
Hired labor 0.46
Machinery & bldg leases 0.07
Farm insurance 0.48
Utilities 0.86
Dues & professional fees 0.19
Interest 1.87
Mach & bldg depreciation 2.39
Miscellaneous 0.82
Total overhead expenses per acre 7.14
Total dir & ovhd expenses per acre 17.54
Net return per acre 10.13
Lbr & mgt charge per acre 7.35
Net return over lbr & mgt 2.78
Government payments 0.84
Net return with govt payments 3.62
Cost of Production
Total direct expense per ton 12.99
Total dir & ovhd exp per ton 21.89
With labor & management 31.07
Total exp less govt & oth income 30.02