TABLE 11 - 7
                             Crop Enterprise Analysis, 2001                      
                North Dakota Farm Business Management Education Program             
                                      State Report                                  
                              (Farms Sorted By Net Return)                          

                              Wheat, Winter on Owned Land                           
  

                                                           Avg. Of 
                                                          All Farms

                    Number of fields                              7
                    Number of farms                               7

                    Acres                                     71.14
                    Yield per acre (bushel)                   35.46
                    Operators share of yield %               100.00
                    Value per bushel                           2.48
                    Total product return per acre             87.94
                    Miscellaneous income per acre              0.63
                    Gross return per acre                     88.57

                    Direct Expenses
                      Seed                                     5.28
                      Fertilizer                              13.00
                      Crop chemicals                           6.24
                      Crop insurance                           5.93
                      Fuel & oil                               7.71
                      Repairs                                 11.18
                      Custom hire                              4.89
                      Operating interest                       1.06
                      Miscellaneous                            0.45
                    Total direct expenses per acre            55.75
                    Return over direct exp per acre           32.83

                    Overhead Expenses
                      Hired labor                              4.42
                      Machinery & bldg leases                  2.23
                      RE & pers. property taxes                3.53
                      Farm insurance                           1.84
                      Utilities                                1.48
                      Dues & professional fees                 0.31
                      Interest                                 8.33
                      Mach & bldg depreciation                 6.77
                      Miscellaneous                            4.40
                    Total overhead expenses per acre          33.30
                    Total dir & ovhd expenses per acre        89.05
                    Net return per acre                       -0.48

                    Lbr & mgt charge per acre                 14.38
                    Net return over lbr & mgt                -14.85
                    Government payments                       23.25
                    Net return with govt payments              8.39

                    Cost of Production
                    Total direct expense per bushel            1.57
                    Total dir & ovhd exp per bushel            2.51
                    With labor & management                    2.92
                    Total exp less govt & oth income           2.24