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Statewide Reports

                                           State Averages                                 
                                   Crop Enterprise Analysis, 1996                         
                       (Farms sorted according to Return to Overhead per Acre)            

                                   NAVY BEANS ON CASH RENTED LAND                         


                                                   Average Of   Average Of   Average Of 
                                                    All Farms     Low 20%     High 20% 
                                                   ----------  -----------  -----------
          Number of fields                                 37            7            7
          Number of farms                                  37            7            7

          Acres                                        103.18       114.47        76.69
          Yield per acre (cwt)                          17.75        13.38        23.27
          Operators share of yield %                   100.00       100.00       100.00
          Value per cwt                                 19.60        17.85        21.09
          Total product return per acre                347.90       238.72       490.74
          Miscellaneous income per acre                  3.94         1.44         2.00
          Gross return per acre                        351.83       240.16       492.74

          Direct expenses per acre
            Seed                                        30.51        31.28        29.34
            Fertilizer                                  26.45        37.69        18.10
            Crop chemicals                              32.64        27.33        34.93
            Crop insurance                              17.65        14.81        12.86
            Irrigation energy                            0.04         0.21         0.00
            Fuel & oil                                   8.44         7.76         8.15
            Repairs                                     13.03         9.71        12.17
            Repair, machinery                            1.73         4.79         1.35
            Custom hire                                  5.55         2.90         9.17
            Repair, buildings                            0.00         0.00         0.00
            Hired labor                                  1.35         2.50         3.14
            Land rent                                   58.14        66.02        62.80
            Machinery & bldg leases                      0.33         0.00         0.00
            Utilities                                    0.09         0.43         0.00
            Marketing                                    0.08         0.10         0.00
            Operating interest                           7.21         3.35         6.94
            Miscellaneous                                0.59         0.15         0.42
          Total direct expenses per acre               203.81       209.04       199.36
          Return over direct expenses per acre         148.02        31.12       293.38

          Overhead expenses per acre
            Repairs                                      0.45         0.00         0.00
            Custom hire                                  1.55         0.00         0.00
            Hired labor                                  6.87        10.67         4.21
            Machinery & bldg leases                      1.61         1.02         1.23
            RE & pers. property taxes                    0.17         0.00         0.00
            Farm insurance                               2.51         2.64         3.14
            Utilities                                    2.14         1.08         4.18
            Dues & professional fees                     1.29         1.21         1.34
            Interest                                     5.98         6.94         6.02
            Mach & bldg depreciation                     7.39        13.27        11.80
            Miscellaneous                                6.12         6.24         5.51
          Total overhead expenses per acre              36.06        43.05        37.42
          Total listed expenses per acre               239.87       252.09       236.78
          Net return per acre                          111.96       -11.93       255.96

          Total direct expense per cwt                  11.48        15.63         8.57
          Total listed expense per cwt                  13.51        18.84        10.18
          Net return per cwt                             6.31        -0.89        11.00
          Breakeven yield per acre                      12.04        14.05        11.13
          Est. labor hours per acre                      2.06         2.78         2.00

          Net return including govt. payments          112.42       -11.93       255.96
          Lbr & mgt charge per acre                     11.80        14.53        14.58
          Net return over lbr & mgt                    100.62       -26.46       241.37
                                                                                            
                            

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