TABLE 11 - 40
                       Crop Enterprise Analysis, 2001                      
           North Dakota Farm Business Management Education Program             
                               State Report                                  
                        (Farms Sorted By Net Return)                          

                         Hay, Alfalfa on Share Rent                           

                                                      Avg. Of 
                                                     All Farms

               Number of fields                             14
               Number of farms                              13

               Acres                                    107.84
               Yield per acre (ton)                       1.99
               Operators share of yield %                53.47
               Value per ton                             43.62
               Total product return per acre             46.93
               Miscellaneous income per acre                - 
               Gross return per acre                     46.93

               Direct Expenses
                 Fertilizer                               0.83
                 Fuel & oil                               6.56
                 Repairs                                  8.14
                 Operating interest                       2.02
                 Miscellaneous                            0.74
               Total direct expenses per acre            18.29
               Return over direct exp per acre           28.64

               Overhead Expenses
                 Hired labor                              0.72
                 Farm insurance                           1.53
                 Utilities                                1.04
                 Interest                                 3.75
                 Mach & bldg depreciation                 5.72
                 Miscellaneous                            2.41
               Total overhead expenses per acre          15.17
               Total dir & ovhd expenses per acre        33.47
               Net return per acre                       13.47

               Lbr & mgt charge per acre                  8.22
               Net return over lbr & mgt                  5.24
               Government payments                        4.76
               Net return with govt payments             10.01

               Cost of Production
               Total direct expense per ton              17.21
               Total dir & ovhd exp per ton              31.48
               With labor & management                   39.21
               Total exp less govt & oth income          34.73