TABLE 11 - 31
                         Crop Enterprise Analysis, 2001                      
            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                             15
                Number of farms                              12

                Acres                                     99.13
                Yield per acre (bushel)                   33.67
                Operators share of yield %                67.74
                Value per bushel                           5.07
                Total product return per acre            114.93
                Miscellaneous income per acre              0.11
                Gross return per acre                    115.04

                Direct Expenses
                  Seed                                    18.27
                  Fertilizer                               5.78
                  Crop chemicals                          22.77
                  Crop insurance                           5.27
                  Fuel & oil                              10.75
                  Repairs                                 12.92
                  Custom hire                              4.26
                  Operating interest                       3.06
                  Miscellaneous                            0.02
                Total direct expenses per acre            83.10
                Return over direct exp per acre           31.93

                Overhead Expenses
                  Hired labor                              3.19
                  Machinery & bldg leases                  2.91
                  Farm insurance                           2.38
                  Utilities                                2.07
                  Interest                                 6.28
                  Mach & bldg depreciation                13.19
                  Miscellaneous                            3.34
                Total overhead expenses per acre          33.36
                Total dir & ovhd expenses per acre       116.46
                Net return per acre                       -1.42

                Lbr & mgt charge per acre                 14.87
                Net return over lbr & mgt                -16.29
                Government payments                       13.14
                Net return with govt payments             -3.15

                Cost of Production
                Total direct expense per bushel            3.64
                Total dir & ovhd exp per bushel            5.11
                With labor & management                    5.76
                Total exp less govt & oth income           5.18