TABLE - 7
                     Crop Enterprise Analysis, 2003          
        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                               6

            Acres                                     23.54
            Yield per acre (bu.)                      45.34
            Operators share of yield %               100.00
            Value per bu.                              3.03
            Total product return per acre            137.55
            Miscellaneous income per acre                - 
            Gross return per acre                    137.55

            Direct Expenses
              Seed                                     5.48
              Fertilizer                               9.95
              Crop chemicals                          11.56
              Crop insurance                           2.77
              Fuel & oil                               6.04
              Repairs                                 10.77
              Operating interest                       1.30
              Miscellaneous                            0.16
            Total direct expenses per acre            48.03
            Return over direct exp per acre           89.52

            Overhead Expenses
              Hired labor                              4.49
              Machinery & bldg leases                  1.39
              RE & pers. property taxes                3.67
              Farm insurance                           1.67
              Utilities                                1.45
              Dues & professional fees                 1.25
              Interest                                 8.29
              Mach & bldg depreciation                 7.30
              Miscellaneous                            0.78
            Total overhead expenses per acre          30.29
            Total dir & ovhd expenses per acre        78.32
            Net return per acre                       59.23

            Lbr & mgt charge per acre                 17.75
            Net return over lbr & mgt                 41.48
            Government payments                       13.18
            Net return with govt payments             54.66

            Cost of Production
            Total direct expense per bu.               1.06
            Total dir & ovhd exp per bu.               1.73
            With labor & management                    2.12
            Total exp less govt & oth income           1.83