TABLE 11 - 52
Crop Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return)
Hay, Small Grain on Owned Land
Avg. Of
All Farms
Number of fields 14
Number of farms 13
Acres 52.65
Yield per acre (ton) 1.77
Operators share of yield % 100.00
Value per ton 34.44
Total product return per acre 60.87
Miscellaneous income per acre -
Gross return per acre 60.87
Direct Expenses
Seed 9.19
Fertilizer 7.19
Crop chemicals 2.10
Crop insurance 1.78
Fuel & oil 5.60
Repairs 7.65
Custom hire 6.00
Operating interest 1.05
Miscellaneous 0.29
Total direct expenses per acre 40.86
Return over direct exp per acre 20.01
Overhead Expenses
Hired labor 5.23
Machinery & bldg leases 0.40
RE & pers. property taxes 4.47
Farm insurance 1.58
Utilities 1.04
Dues & professional fees 0.86
Interest 9.93
Mach & bldg depreciation 5.51
Miscellaneous 2.01
Total overhead expenses per acre 31.01
Total dir & ovhd expenses per acre 71.87
Net return per acre -11.00
Lbr & mgt charge per acre 10.01
Net return over lbr & mgt -21.02
Government payments 10.26
Net return with govt payments -10.76
Cost of Production
Total direct expense per ton 23.12
Total dir & ovhd exp per ton 40.67
With labor & management 46.33
Total exp less govt & oth income 40.53