TABLE 11 - 15
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Buckwheat on Cash Rent
Avg. Of
All Farms
Number of fields 6
Number of farms 5
Acres 179.27
Yield per acre (cwt) 8.02
Operators share of yield % 100.00
Value per cwt 11.74
Total product return per acre 94.13
Miscellaneous income per acre -
Gross return per acre 94.13
Direct Expenses
Seed 13.92
Fertilizer 10.08
Crop chemicals 6.50
Crop insurance 2.72
Fuel & oil 5.10
Repairs 8.04
Custom hire 2.05
Land rent 28.87
Operating interest 0.85
Total direct expenses per acre 78.12
Return over direct exp per acre 16.01
Overhead Expenses
Hired labor 5.58
Machinery & bldg leases 1.92
Farm insurance 1.29
Utilities 2.07
Dues & professional fees 0.52
Interest 1.42
Mach & bldg depreciation 10.02
Miscellaneous 1.12
Total overhead expenses per acre 23.93
Total dir & ovhd expenses per acre 102.06
Net return per acre -7.92
Lbr & mgt charge per acre 11.21
Net return over lbr & mgt -19.13
Government payments 16.46
Net return with govt payments -2.67
Cost of Production
Total direct expense per cwt 9.74
Total dir & ovhd exp per cwt 12.72
With labor & management 14.12
Total exp less govt & oth income 12.07