TABLE - 16
                     Crop Enterprise Analysis, 2003          
        North Dakota Farm Business Management Education Program 
                              State Report          
                      (Farms Sorted By Net Return)  

                          Canola on Share Rent      

                                                   Avg. Of 
                                                  All Farms 
                                 

            Number of fields                             45 
            Number of farms                              21 
                     

            Acres                                     98.74 
            Yield per acre (cwt.)                     14.41 
            Operators share of yield %                65.17 
            Value per cwt.                            10.82 
            Total product return per acre            101.59 
            Miscellaneous income per acre              3.56 
            Gross return per acre                    105.15 
                     

            Direct Expenses         
              Seed                                    28.31 
              Fertilizer                              18.75 
              Crop chemicals                          12.12 
              Crop insurance                           5.12 
              Fuel & oil                               6.07 
              Repairs                                  8.75 
              Custom hire                              3.15 
              Operating interest                       2.11 
              Miscellaneous                            2.39 
            Total direct expenses per acre            86.77 
            Return over direct exp per acre           18.39 
                                 

            Overhead Expenses         
              Hired labor                              1.81 
              Machinery & bldg leases                  2.41 
              Farm insurance                           1.39 
              Utilities                                1.18 
              Dues & professional fees                 0.47 
              Interest                                 1.48 
              Mach & bldg depreciation                 6.79 
              Miscellaneous                            1.09 
            Total overhead expenses per acre          16.61 
            Total dir & ovhd expenses per acre       103.37 
            Net return per acre                        1.78 
                     

            Lbr & mgt charge per acre                 11.32 
            Net return over lbr & mgt                 -9.54 
            Government payments                        7.52 
            Net return with govt payments             -2.01 
                     

            Cost of Production         
            Total direct expense per cwt.              9.24 
            Total dir & ovhd exp per cwt.             11.01 
            With labor & management                   12.21 
            Total exp less govt & oth income          11.03