TABLE 11 - 28
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Oats on Cash Rent
Avg. Of
All Farms Low 20% High 20%
Number of fields 46 10 10
Number of farms 36 7 7
Acres 58.41 35.90 51.75
Yield per acre (bushel) 70.88 47.53 93.23
Operators share of yield % 100.00 99.99 100.00
Value per bushel 1.12 0.95 1.15
Other product return per acre 0.39 - -
Total product return per acre 79.82 45.28 106.87
Miscellaneous income per acre 2.97 2.05 3.68
Gross return per acre 82.79 47.33 110.55
Direct Expenses
Seed 4.35 4.03 3.68
Fertilizer 9.90 6.44 12.48
Crop chemicals 3.40 3.88 -
Crop insurance 3.24 2.41 0.59
Fuel & oil 6.43 7.83 6.11
Repairs 9.52 13.13 7.39
Custom hire 3.81 5.84 2.19
Land rent 22.88 22.34 20.51
Operating interest 4.57 3.26 2.04
Miscellaneous 0.34 0.19 0.60
Total direct expenses per acre 68.43 69.35 55.60
Return over direct exp per acre 14.37 -22.02 54.95
Overhead Expenses
Hired labor 2.16 2.11 0.54
Machinery & bldg leases 0.60 0.44 0.93
Farm insurance 1.16 1.42 0.60
Utilities 0.80 0.87 0.47
Interest 2.73 2.94 2.26
Mach & bldg depreciation 5.44 4.57 4.56
Miscellaneous 2.23 3.22 2.20
Total overhead expenses per acre 15.11 15.58 11.57
Total dir & ovhd expenses per acre 83.54 84.93 67.17
Net return per acre -0.75 -37.60 43.38
Lbr & mgt charge per acre 10.78 14.59 9.26
Net return over lbr & mgt -11.53 -52.19 34.12
Government payments 16.24 15.21 21.70
Net return with govt payments 4.71 -36.98 55.81
Cost of Production
Total direct expense per bushel 0.97 1.46 0.60
Total dir & ovhd exp per bushel 1.18 1.79 0.72
With labor & management 1.33 2.09 0.82
Total exp less govt & oth income 1.05 1.73 0.55