TABLE 11 - 12
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Beans, Pinto on Owned Land
Avg. Of
All Farms
Number of fields 11
Number of farms 8
Acres 73.65
Yield per acre (cwt) 16.41
Operators share of yield % 100.00
Value per cwt 17.26
Total product return per acre 283.35
Miscellaneous income per acre 6.87
Gross return per acre 290.22
Direct Expenses
Seed 16.44
Fertilizer 9.70
Crop chemicals 22.51
Crop insurance 12.63
Fuel & oil 12.72
Repairs 18.77
Custom hire 2.99
Marketing 0.63
Operating interest 5.61
Miscellaneous 0.13
Total direct expenses per acre 102.13
Return over direct exp per acre 188.09
Overhead Expenses
Hired labor 4.69
Machinery & bldg leases 1.17
RE & pers. property taxes 4.91
Farm insurance 3.56
Utilities 2.28
Dues & professional fees 1.15
Interest 22.03
Mach & bldg depreciation 15.58
Miscellaneous 2.31
Total overhead expenses per acre 57.67
Total dir & ovhd expenses per acre 159.80
Net return per acre 130.43
Lbr & mgt charge per acre 21.15
Net return over lbr & mgt 109.27
Government payments 16.57
Net return with govt payments 125.84
Cost of Production
Total direct expense per cwt 6.22
Total dir & ovhd exp per cwt 9.74
With labor & management 11.02
Total exp less govt & oth income 9.60