TABLE 11 - 1
             Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program 
                      State Report
              (Farms Sorted By Net Return)

               Wheat, Durum on Owned Land 

                                            Avg. Of 
                                           All Farms

     Number of fields                             43 
     Number of farms                              23 

     Acres                                    116.06 
     Yield per acre (bu.)                      34.58 
     Operators share of yield %               100.00 
     Value per bu.                              3.80 
     Other product return per acre              2.09 
     Total product return per acre            133.57 
     Miscellaneous income per acre              7.38 
     Gross return per acre                    140.95 

     Direct Expenses        
       Seed                                    10.15 
       Fertilizer                              22.02 
       Crop chemicals                          14.11 
       Crop insurance                           5.87 
       Fuel & oil                               7.17
       Repairs                                 10.99 
       Custom hire                              3.28  
       Operating interest                       2.15   
       Miscellaneous                            0.34
     Total direct expenses per acre            76.07 
     Return over direct exp per acre           64.88 

     Overhead Expenses        
       Hired labor                              3.12 
       Machinery & bldg leases                  0.77 
       RE & pers. property taxes                3.92 
       Farm insurance                           1.76 
       Utilities                                1.23 
       Interest                                10.89 
       Mach & bldg depreciation                 8.24 
       Miscellaneous                            2.50
     Total overhead expenses per acre          32.44 
     Total dir & ovhd expenses per acre       108.51  
     Net return per acre                       32.44  

     Lbr & mgt charge per acre                 12.31  
     Net return over lbr & mgt                 20.13  
     Government payments                        9.83 
     Net return with govt payments             29.96 

     Cost of Production        
     Total direct expense per bu.               2.20 
     Total dir & ovhd exp per bu.               3.14 
     With labor & management                    3.49 
     Total exp less govt & oth income           2.94