TABLE 11 - 28
             Crop Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
                      State Report
              (Farms Sorted By Net Return)

                Peas, Field on Owned Land

                                            Avg. Of 
                                           All Farms

     Number of fields                             20
     Number of farms                              15

     Acres                                     98.92
     Yield per acre (bu.)                      47.67
     Operators share of yield %               100.00
     Value per bu.                              5.17
     Total product return per acre            246.36
     Miscellaneous income per acre              0.79
     Gross return per acre                    247.16

     Direct Expenses
       Seed                                    25.52
       Fertilizer                               6.22
       Crop chemicals                          27.88
       Crop insurance                           8.50
       Fuel & oil                               5.73
       Repairs                                  9.66
       Custom hire                             10.47
       Machinery & bldg leases                  0.33
       Operating interest                       1.91
       Miscellaneous                            0.65
     Total direct expenses per acre            96.87
     Return over direct exp per acre          150.28

     Overhead Expenses
       Hired labor                              2.86
       Machinery & bldg leases                  1.77
       RE & pers. property taxes                3.96
       Farm insurance                           2.09
       Utilities                                1.33
       Interest                                10.06
       Mach & bldg depreciation                 8.84
       Miscellaneous                            3.00
     Total overhead expenses per acre          33.91
     Total dir & ovhd expenses per acre       130.78
     Net return per acre                      116.37

     Lbr & mgt charge per acre                 17.85
     Net return over lbr & mgt                 98.52
     Government payments                       10.26
     Net return with govt payments            108.79

     Cost of Production
     Total direct expense per bu.               2.03
     Total dir & ovhd exp per bu.               2.74
     With labor & management                    3.12
     Total exp less govt & oth income           2.89