TABLE - 26
                     Crop Enterprise Analysis, 2003          
        North Dakota Farm Business Management Education Program 
                              State Report          
                      (Farms Sorted By Net Return)  

                        Peas, Field on Cash Rent    

                                                   Avg. Of 
                                                  All Farms

            Number of fields                              9
            Number of farms                               7

            Acres                                     80.84
            Yield per acre (bu.)                      19.53
            Operators share of yield %               100.00
            Value per bu.                              5.87
            Other product return per acre              0.13
            Total product return per acre            114.78
            Miscellaneous income per acre              6.17
            Gross return per acre                    120.95

            Direct Expenses
              Seed                                    20.20
              Fertilizer                               8.17
              Crop chemicals                          18.93
              Crop insurance                           5.30
              Fuel & oil                               5.65
              Repairs                                 11.93
              Land rent                               28.66
              Operating interest                       1.90
              Miscellaneous                            1.11
            Total direct expenses per acre           101.86
            Return over direct exp per acre           19.09

            Overhead Expenses
              Hired labor                              3.38
              Farm insurance                           1.61
              Utilities                                1.24
              Interest                                 0.81
              Mach & bldg depreciation                 8.05
              Miscellaneous                            5.70
            Total overhead expenses per acre          20.78
            Total dir & ovhd expenses per acre       122.64
            Net return per acre                       -1.69

            Lbr & mgt charge per acre                 13.05
            Net return over lbr & mgt                -14.74
            Government payments                       10.09
            Net return with govt payments             -4.65

            Cost of Production
            Total direct expense per bu.               5.21
            Total dir & ovhd exp per bu.               6.28
            With labor & management                    6.95
            Total exp less govt & oth income           6.11