North West Area Reports for 1998

                                   Crop Enterprise Analysis, 1998                         
                           Northwestern Farm Business Management Averages                 
                              Northland Community and Technical College                   
                                  (Average of all farms reporting)                        

                                          RYE ON OWNED LAND                               


                                                                     Average For
                                                                      All Farms 
                                                                     ----------
                    Number of fields                                          6
                    Number of farms                                           6

                    Acres                                                 34.97
                    Yield per acre (bushel)                               35.17
                    Operators share of yield %                           100.00
                    Value per bushel                                       2.14
                    Total product return per acre                         75.21
                    Miscellaneous income per acre                         15.54
                    Gross return per acre                                 90.76

                    Direct expenses per acre
                      Seed                                                 5.69
                      Fertilizer                                           4.01
                      Fuel & oil                                           5.33
                      Repairs                                              8.33
                      Operating interest                                   5.53
                      Miscellaneous                                        0.19
                    Total direct expenses per acre                        29.07
                    Return over direct expenses per acre                  61.69

                    Overhead expenses per acre
                      Hired labor                                          3.50
                      Machinery & bldg leases                              0.14
                      RE & pers. property taxes                            4.49
                      Farm insurance                                       1.50
                      Utilities                                            0.75
                      Dues & professional fees                             0.10
                      Interest                                             4.93
                      Mach & bldg depreciation                             4.97
                      Miscellaneous                                        0.56
                    Total overhead expenses per acre                      20.94
                    Total listed expenses per acre                        50.01
                    Net return per acre                                   40.75

                    Total direct expense per bushel                        0.83
                    Total listed expense per bushel                        1.42
                    Net return per bushel                                  1.16
                    Breakeven yield per acre                              16.12
                    Est. labor hours per acre                              2.82

                    Net return including govt. payments                   56.44
                    Lbr & mgt charge per acre                             13.59
                    Net return over lbr & mgt                             42.85

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