NCTC FBM - Moorhead OPERATOR INFORMATION & NONFARM SUMMARY, 1999 Northland Community and Technical College Farm Business Mgt. Moorhead (Farms sorted by Net Farm Income) Average Of Average Of Average Of All Farms Low 20% High 20% ----------- ----------- ----------- Number of Farms 72 14 14 OPERATOR INFORMATION Average number of operators 1.2 1.1 1.4 Average age of operators 43.6 44.1 43.4 Average number of years farming 21.7 22.2 22.6 NONFARM INCOME Nonfarm wages & salary 10057 15013 5626 Nonfarm business income 2308 10418 -3272 Nonfarm rental income 1664 2854 - Nonfarm interest income 370 247 349 Nonfarm cash dividends 47 145 3 Tax refunds 775 847 941 Gifts and inheritances 1271 284 - Other nonfarm income 2289 331 4290 Total nonfarm income 18780 30139 7938 Average Of All Farms Beginning Ending NONFARM ASSETS (Mkt) --------- ------ Checking & savings 4272 4621 Stocks & bonds 16649 19092 Other current assets 1404 1090 Furniture & appliances 11224 11369 Nonfarm vehicles 10420 10563 Cash value of life ins. 7091 8008 Retirement accounts 37242 48821 Other intermediate assets 7028 8121 Nonfarm real estate 60808 59920 Other long term assets 7553 7553 Total nonfarm assets 163692 179158