Inventory Changes
Moorhead Farm Business Management
Northland Community and Technical College Farm Business Management
(Farms Sorted By Net Farm Income)

	Avg. Of
	All Farms	Low 20%	High 20%

Number of farms	72	14	15

Net cash farm income	78,711	27,832	169,368

Crops and Feed
Ending inventory	190,436	84,105	311,026
Beginning inventory	170,189	80,354	279,324
Inventory change	18,956	3,751	31,702

Market Livestock
Ending inventory	90	-	-
Beginning inventory	17	-	-
Inventory change	73	-	-

Accts Receivable & Other Current Assets
Ending inventory	41,204	7,935	54,336
Beginning inventory	18,259	5,910	20,361
Inventory change	22,944	2,025	33,975

Prepaid Expenses and Supplies
Ending inventory	30,110	14,699	61,453
Beginning inventory	28,160	15,448	45,149
Inventory change	1,950	-749	16,304

Accounts Payable & Accrued Expenses
Beginning inventory	23,017	9,772	21,856
Ending inventory	20,547	13,657	18,637
Inventory change	2,472	-3,885	3,219

Total inventory change	46,396	1,143	85,200

Net operating profit	125,106	28,975	254,567