TABLE - 54
                     Crop Enterprise Analysis, 2003          
        North Dakota Farm Business Management Education Program 
                              State Report          
                      (Farms Sorted By Net Return)  

                          Pasture on Owned Land     

                                       Avg. Of 
                                      All Farms     Low 20%    High 20%

Number of fields                            188          35          40
Number of farms                             132          26          27

Acres                                    441.67      271.25      276.45
Yield per acre (aum)                       0.68        0.57        1.06
Operators share of yield %               100.00      100.00      100.00
Value per aum                             12.66       12.08       12.43
Other product return per acre              0.08        0.08        0.50
Total product return per acre              8.69        6.91       13.69
Miscellaneous income per acre              0.11          -         0.02
Gross return per acre                      8.80        6.91       13.71

Direct Expenses
  Repairs                                  0.35        0.60        0.31
  Miscellaneous                            0.47        0.59        0.37
Total direct expenses per acre             0.82        1.19        0.67
Return over direct exp per acre            7.98        5.72       13.03

Overhead Expenses
  RE & pers. property taxes                1.64        2.21        1.65
  Interest                                 3.38        6.59        2.01
  Miscellaneous                            0.84        0.96        0.78
Total overhead expenses per acre           5.86        9.75        4.44
Total dir & ovhd expenses per acre         6.67       10.95        5.11
Net return per acre                        2.13       -4.04        8.59