TABLE 2
                       INVENTORY CHANGES, 2000                         
        North Dakota Farm Business Management Education Program             
                            State Report                                  
                  (Farms Sorted By Net Farm Income)     

                                        Avg. Of                         
                                       All Farms    Low 20%    High 20%

Number of farms                             475          95          95

Net cash farm income                     45,172      12,837      90,816

CROPS AND FEED
  Ending inventory                       80,834      46,219     164,115
  Beginning inventory                    68,278      48,324     121,877
  Inventory change                       12,556      -2,104      42,238

MARKET LIVESTOCK
  Ending inventory                       37,649      25,260      61,802
  Beginning inventory                    33,363      22,462      53,210
  Inventory change                        4,286       2,798       8,592

ACCTS RECEIVABLE & OTHER CURRENT ASSETS
  Ending inventory                       28,134      16,526      59,561
  Beginning inventory                    22,099      18,046      43,180
  Inventory change                        6,036      -1,520      16,381

PREPAID EXPENSES AND SUPPLIES
  Ending inventory                        9,462       3,666      23,649
  Beginning inventory                     8,732       4,191      21,680
  Inventory change                          730        -525       1,969

ACCOUNTS PAYABLE & ACCRUED EXPENSES
  Beginning inventory                    15,967      19,762      18,209
  Ending inventory                       17,663      24,570      18,103
  Inventory change                       -1,700      -4,830         106

Total inventory change                   21,908      -6,181      69,285

Net operating profit                     67,079       6,656     160,101