TABLE 11 - 45
                 Crop Enterprise Analysis, 2001                      
      North Dakota Farm Business Management Education Program             
                           State Report                                  
                  (Farms Sorted By Net Return)                          

                     Hay, Mixed on Share Rent                            

                                                 Avg. Of 
                                               All Farms

         Number of fields                             18
         Number of farms                              11

         Acres                                    115.10
         Yield per acre (ton)                       1.20
         Operators share of yield %                60.58
         Value per ton                             31.34
         Total product return per acre             22.18
         Miscellaneous income per acre                - 
         Gross return per acre                     22.18

         Direct Expenses
           Fuel & oil                               4.84
           Repairs                                  6.82
           Operating interest                       1.30
           Miscellaneous                            0.97
         Total direct expenses per acre            13.92
         Return over direct exp per acre            8.25

         Overhead Expenses
           Hired labor                              0.72
           Farm insurance                           0.83
           Utilities                                0.90
           Dues & professional fees                 0.27
           Interest                                 2.32
           Mach & bldg depreciation                 2.39
           Miscellaneous                            2.01
         Total overhead expenses per acre           9.45
         Total dir & ovhd expenses per acre        23.37
         Net return per acre                       -1.19

         Lbr & mgt charge per acre                  7.74
         Net return over lbr & mgt                 -8.93
         Government payments                        2.91
         Net return with govt payments             -6.03

         Cost of Production
         Total direct expense per ton              19.22
         Total dir & ovhd exp per ton              32.26
         With labor & management                   42.95
         Total exp less govt & oth income          38.94