Owned Beet Stock                                
                                   Crop Enterprise Analysis, 1999                         
                    Northland Community and Technical College Farm Business Mgt.          
                                              Moorhead                                    
                                       (Average of All Farms)                             

                                      SUGAR BEETS ON OWNED LAND                           


                                                  Average For
                                                   All Farms 
                                                  -----------
 Number of fields                                         23
 Number of farms                                          20

 Acres                                                 95.94
 Yield per acre (ton)                                  18.64
 Operators share of yield %                           100.00
 Value per ton                                         33.56
 Total product return per acre                        625.46
 Miscellaneous income per acre                         17.84
 Gross return per acre                                643.31

 Direct expenses per acre
   Seed                                                41.36
   Fertilizer                                          28.24
   Crop chemicals                                     109.72
   Crop insurance                                      12.46
   Fuel & oil                                          19.33
   Repairs                                             43.35
   Custom hire                                          9.19
   Hired labor                                         16.57
   Machinery & bldg leases                              0.99
   Operating interest                                  20.18
   Miscellaneous                                        0.50
 Total direct expenses per acre                       301.89
 Return over direct expenses per acre                 341.42

 Overhead expenses per acre
   Custom hire                                         10.45
   Hired labor                                         20.05
   Machinery & bldg leases                              8.04
   RE & pers. property taxes                           18.36
   Farm insurance                                       3.97
   Utilities                                            7.88
   Dues & professional fees                             6.12
   Interest                                            64.75
   Mach & bldg depreciation                            45.01
   Miscellaneous                                        7.16
 Total overhead expenses per acre                     191.78
 Total listed expenses per acre                       493.67
 Net return per acre                                  149.64

 Total direct expense per ton                          16.20
 Total listed expense per ton                          26.49
 Net return per ton                                     8.03
 Breakeven yield per acre                              14.18
 Est. labor hours per acre                              6.50

 Net return including govt. payments                  177.95
 Lbr & mgt charge per acre                             56.97
 Net return over lbr & mgt                            120.98