NCTC FBM - Moorhead                              
                                   Crop Enterprise Analysis, 1999                         
                    Northland Community and Technical College Farm Business Mgt.          
                                              Moorhead                                    
                                       (Average of All Farms)                             

                                   ALFALFA HAY ON CASH RENTED LAND                        


                                                  Average For
                                                   All Farms 
                                                  ------------
 Number of fields                                          7
 Number of farms                                           7

 Acres                                                142.73
 Yield per acre (ton)                                   2.91
 Operators share of yield %                           100.00
 Value per ton                                         55.06
 Total product return per acre                        159.97
 Miscellaneous income per acre                         39.25
 Gross return per acre                                199.22

 Direct expenses per acre
   Seed                                                 9.01
   Fertilizer                                           5.08
   Crop chemicals                                       0.81
   Crop insurance                                       2.60
   Fuel & oil                                           9.51
   Repairs                                             19.55
   Custom hire                                          2.02
   Land rent                                           69.85
   Operating interest                                   7.43
 Total direct expenses per acre                       125.86
 Return over direct expenses per acre                  73.36

 Overhead expenses per acre
   Custom hire                                          5.65
   Hired labor                                          6.59
   Machinery & bldg leases                              2.70
   Farm insurance                                       1.51
   Utilities                                            2.43
   Dues & professional fees                             1.56
   Interest                                             8.01
   Mach & bldg depreciation                            14.72
   Miscellaneous                                        1.65
 Total overhead expenses per acre                      44.82
 Total listed expenses per acre                       170.67
 Net return per acre                                   28.54

 Total direct expense per ton                          43.32
 Total listed expense per ton                          58.74
 Net return per ton                                     9.82
 Breakeven yield per acre                               2.39
 Est. labor hours per acre                              2.66

 Net return including govt. payments                   56.46
 Lbr & mgt charge per acre                             26.59
 Net return over lbr & mgt                             29.87