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

                                  SPRING WHEAT ON SHARE RENTED LAND                       


                                                  Average For
                                                   All Farms 
                                                  -----------
 Number of fields                                         11
 Number of farms                                          10

 Acres                                                136.20
 Yield per acre (bushel)                               38.52
 Operators share of yield %                            65.44
 Value per bushel                                       2.94
 Total product return per acre                         74.40
 Miscellaneous income per acre                         20.96
 Gross return per acre                                 95.36

 Direct expenses per acre
   Seed                                                 8.82
   Fertilizer                                          20.41
   Crop chemicals                                      14.00
   Crop insurance                                       3.20
   Fuel & oil                                           5.24
   Repairs                                             10.39
   Custom hire                                          0.28
   Machinery & bldg leases                              0.67
   Operating interest                                   2.44
   Miscellaneous                                        0.14
 Total direct expenses per acre                        65.59
 Return over direct expenses per acre                  29.77

 Overhead expenses per acre
   Custom hire                                          1.49
   Hired labor                                          2.88
   Machinery & bldg leases                              1.11
   Farm insurance                                       2.66
   Utilities                                            1.38
   Dues & professional fees                             0.99
   Interest                                             1.46
   Mach & bldg depreciation                             7.74
   Miscellaneous                                        1.96
 Total overhead expenses per acre                      21.68
 Total listed expenses per acre                        87.27
 Net return per acre                                    8.09

 Total direct expense per bushel                        2.60
 Total listed expense per bushel                        3.46
 Net return per bushel                                  0.32
 Breakeven yield per acre                              34.45
 Est. labor hours per acre                              1.70

 Net return including govt. payments                   24.85
 Lbr & mgt charge per acre                             15.03
 Net return over lbr & mgt                              9.82