Red River Valley Reports For 1999

                                     TABLE 12 - 7                                  
                            Crop Enterprise Analysis, 1999                         
                Minnesota and North Dakota Farm Business Mgmt Education            
                                   Red River Valley                                
                                (Average of All Farms)                             

                              CANOLA ON CASH RENTED LAND                           

                                                              Average For
                                                               All Farms 
                                                                     

             Number of fields                                         13
             Number of farms                                          12

             Acres                                                188.02
             Yield per acre (cwt)                                  16.21
             Operators share of yield %                           100.00
             Value per cwt                                          8.40
             Total product return per acre                        136.17
             Miscellaneous income per acre                         51.62
             Gross return per acre                                187.79

             Direct expenses per acre
               Seed                                                17.53
               Fertilizer                                          24.25
               Crop chemicals                                      18.83
               Crop insurance                                       8.32
               Fuel & oil                                           6.78
               Repairs                                              8.96
               Custom hire                                          8.99
               Land rent                                           41.84
               Operating interest                                   3.65
             Total direct expenses per acre                       139.16
             Return over direct expenses per acre                  48.63
              Overhead expenses per acre
               Custom hire                                          1.46
               Hired labor                                          6.45
               Machinery & bldg leases                              1.05
               Farm insurance                                       3.20
               Utilities                                            1.55
               Dues & professional fees                             1.02
               Interest                                             2.18
               Mach & bldg depreciation                             6.02
               Miscellaneous                                        1.86
             Total overhead expenses per acre                      24.80
             Total listed expenses per acre                       163.96
             Net return per acre                                   23.83
             Total direct expense per cwt                           8.59
             Total listed expense per cwt                          10.12
             Net return per cwt                                     1.47
             Breakeven yield per acre                              13.37
                   

             Net return including govt. payments                   62.55
             Lbr & mgt charge per acre                             12.66
             Net return over lbr & mgt                             49.88

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