TABLE 11 - 53
                                 Crop Enterprise Analysis, 2002                            
                    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                             12
                        Number of farms                              11

                        Acres                                     61.91
                        Yield per acre (ton)                       1.10
                        Operators share of yield %               100.00
                        Value per ton                             41.14
                        Other product return per acre              0.55
                        Total product return per acre             45.92
                        Miscellaneous income per acre             19.12
                        Gross return per acre                     65.04

                        Direct Expenses
                          Seed                                     6.96
                          Fertilizer                               7.30
                          Crop chemicals                           3.22
                          Crop insurance                           2.60
                          Fuel & oil                               4.15
                          Repairs                                  5.05
                          Custom hire                              0.17
                          Operating interest                       0.98
                          Miscellaneous                            0.57
                        Total direct expenses per acre            31.01
                        Return over direct exp per acre           34.03

                        Overhead Expenses
                          Hired labor                              1.42
                          Machinery & bldg leases                  0.50
                          RE & pers. property taxes                3.00
                          Farm insurance                           1.38
                          Utilities                                0.80
                          Dues & professional fees                 0.41
                          Interest                                12.32
                          Mach & bldg depreciation                 6.97
                          Miscellaneous                            2.37
                        Total overhead expenses per acre          29.17
                        Total dir & ovhd expenses per acre        60.18
                        Net return per acre                        4.86

                        Lbr & mgt charge per acre                  9.58
                        Net return over lbr & mgt                 -4.71
                        Government payments                        6.41
                        Net return with govt payments              1.69

                        Cost of Production
                        Total direct expense per ton              28.11
                        Total dir & ovhd exp per ton              54.56
                        With labor & management                   63.24
                        Total exp less govt & oth income          39.60