TABLE 11 - 36
Crop Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Soybeans on Share Rent
Avg. Of
All Farms
Number of fields 14
Number of farms 13
Acres 93.79
Yield per acre (bushel) 27.35
Operators share of yield % 68.42
Value per bushel 5.08
Total product return per acre 95.84
Miscellaneous income per acre 1.75
Gross return per acre 97.59
Direct Expenses
Seed 16.93
Fertilizer 6.94
Crop chemicals 15.40
Crop insurance 5.10
Fuel & oil 11.47
Repairs 19.19
Custom hire 4.05
Operating interest 4.50
Total direct expenses per acre 83.58
Return over direct exp per acre 14.01
Overhead Expenses
Hired labor 5.80
Machinery & bldg leases 2.11
Farm insurance 3.43
Utilities 2.74
Interest 6.09
Mach & bldg depreciation 12.23
Miscellaneous 2.57
Total overhead expenses per acre 34.97
Total dir & ovhd expenses per acre 118.54
Net return per acre -20.96
Lbr & mgt charge per acre 18.79
Net return over lbr & mgt -39.75
Government payments 17.32
Net return with govt payments -22.43
Cost of Production
Total direct expense per bushel 4.47
Total dir & ovhd exp per bushel 6.33
With labor & management 7.34
Total exp less govt & oth income 6.32