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

	Avg. Of
	All Farms	Low 20%	40 - 60%	High 20%

Number of farms	75	15	15	15

Net cash farm income	115,928	52,571	110,880	223,635

Crops and Feed
Ending inventory	242,642	81,607	201,839	456,009
Beginning inventory	221,935	95,439	192,563	382,112
Inventory change	18,632	-21,991	7,173	70,124

Market Livestock
Ending inventory	5,148	1,147	-	-
Beginning inventory	2,205	107	-	-
Inventory change	2,943	1,040	-	-

Accts Receivable & Other Current Assets
Ending inventory	26,774	5,857	11,176	65,452
Beginning inventory	17,677	8,889	8,052	31,727
Inventory change	9,097	-3,033	3,124	33,725

Prepaid Expenses and Supplies
Ending inventory	42,007	9,637	32,004	89,323
Beginning inventory	39,453	16,253	34,547	70,730
Inventory change	2,555	-6,615	-2,543	18,594

Accounts Payable & Accrued Expenses
Beginning inventory	18,742	8,895	9,273	29,856
Ending inventory	18,478	10,731	11,155	25,764
Inventory change	287	-1,841	-1,863	4,080

Total inventory change	33,513	-32,440	5,891	126,523

Net operating profit	149,441	20,132	116,771	350,157