Table C11.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Moderate Size Representative Wheat Farm in Washington.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003      -11.71      -11.39      -13.64      -12.93      -47.49

Average Change in Real Net
Worth 1995-2003 (%)      -18.22      -18.37      -21.63      -20.92      -52.60

Average Annual Rate of Return to Assets (%)
1996-2003 Average         -0.92       -0.89       -0.98       -0.92       -4.05

Average Annual Net Cash Income ($1000)
               1995       32.67       32.67       32.67       32.67       32.67
               1996       31.76       31.52       26.92       29.32      -16.42
               1997       29.52       29.24       22.61       16.07      -20.53
               1998       25.35       25.35       17.02       14.42      -18.66
               1999       31.12       31.39       24.89       24.77      -15.15
               2000       27.92       28.50       33.51       37.66      -20.67
               2001       21.27       21.96       19.18       22.90      -26.24
               2002       26.82       27.77       25.04       26.87      -26.23
               2003       31.91       33.15       31.00       35.34      -30.23
1996-2003 Average         28.21       28.61       25.02       25.92      -21.77

Average Annual Govt. Payments ($1000)
               1995       17.96       17.96       17.96       17.96       17.96
               1996       23.44       21.20       20.12       23.91        0.00
               1997       28.30       25.72       27.50       20.80        0.00
               1998       27.78       24.98       26.39       21.99        0.00
               1999       24.07       21.73       21.94       20.61        0.00
               2000       19.26       17.21       15.34       16.90        0.00
               2001       17.39       15.45       13.19       13.78        0.00
               2002       15.45       13.57       11.58       10.32        0.00
               2003       12.17       10.54        8.64       10.32        0.00
1996-2003 Average         20.98       18.80       18.09       17.33        0.00

Average Annual Real Net Worth w/
Land Inflation ($1,000)
               1995      878.94      878.94      878.94      878.94      878.94
               1996      870.74      870.58      867.46      869.09      832.00
               1997      862.64      862.30      854.82      851.85      782.84
               1998      845.79      845.46      832.01      827.07      737.64
               1999      843.10      842.99      822.71      817.78      697.44
               2000      819.04      819.44      821.30      819.70      639.07
               2001      783.27      784.25      768.69      770.34      569.78
               2002      776.00      777.78      759.73      762.63      520.49
               2003      776.01      778.80      759.05      765.29      461.57
1996-2003 Average        822.08      822.70      810.72      810.47      655.10

Average Annual Real Net Worth ($1000)
               1995      878.94      878.94      878.94      878.94      878.94
               1996      859.35      858.84      855.01      856.64      820.19
               1997      843.31      841.04      829.36      826.40      756.49
               1998      818.81      814.99      793.94      789.00      693.32
               1999      804.59      802.08      776.49      771.56      637.64
               2000      773.54      769.58      761.91      760.31      570.86
               2001      733.28      729.21      702.73      704.37      510.14
               2002      722.00      719.32      691.64      694.53      468.90
               2003      718.78      717.44      688.82      695.06      416.64
1996-2003 Average        784.21      781.56      762.49      762.23      609.27

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)        19.58       19.15       22.37       21.54       60.90

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)        30.00       30.00       36.41       36.40       70.12
_____________________________________________________________________________________

Table C12.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Large Size Representative Wheat Farm in Washington.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003        8.24        7.62        5.15        6.71      -19.76

Average Change in Real Net
Worth 1995-2003 (%)        2.52        1.43       -2.05       -0.49      -24.08

Average Annual Rate of Return to Assets (%)
1996-2003 Average          2.89        2.82        2.51        2.77        0.00

Average Annual Net Cash Income ($1000)
               1995      161.56      161.56      161.56      161.56      161.56
               1996      162.90      157.87      140.19      155.17       21.49
               1997      158.62      153.22      129.29      115.22        9.13
               1998      145.91      141.01      111.92      110.46        4.03
               1999      164.82      160.17      136.35      144.29       19.76
               2000      175.27      171.03      156.44      179.87       32.04
               2001      192.61      188.49      176.38      199.48       39.17
               2002      203.40      199.58      187.70      205.06       50.59
               2003      217.15      213.85      203.80      230.09       67.00
1996-2003 Average        177.58      173.15      155.26      167.46       30.40

Average Annual Govt. Payments ($1000)
               1995       59.60       59.60       59.60       59.60       59.60
               1996       77.97       70.62       66.63       77.55        0.00
               1997       93.59       85.17       89.94       67.53        0.00
               1998       91.84       82.70       86.62       71.46        0.00
               1999       79.42       71.84       72.02       66.99        0.00
               2000       63.34       56.70       50.63       54.97        0.00
               2001       57.31       51.03       43.42       44.81        0.00
               2002       50.87       44.82       38.11       33.29        0.00
               2003       40.15       34.88       28.56       33.29        0.00
1996-2003 Average         69.31       62.22       59.49       56.24        0.00

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995     2494.14     2494.14     2494.14     2494.14     2494.14
               1996     2513.10     2510.88     2503.08     2509.69     2425.35
               1997     2542.45     2537.47     2517.66     2516.49     2350.38
               1998     2538.99     2531.56     2499.01     2496.41     2243.04
               1999     2573.75     2564.53     2520.97     2522.03     2177.35
               2000     2585.98     2575.01     2525.66     2535.79     2123.59
               2001     2628.25     2615.79     2562.14     2582.13     2050.63
               2002     2656.83     2642.69     2585.07     2612.59     2017.16
               2003     2699.61     2684.15     2622.58     2661.48     2001.41
1996-2003 Average       2592.37     2582.76     2542.02     2554.58     2173.61

Average Annual Real Net Worth ($1000)
               1995     2494.14     2494.14     2494.14     2494.14     2494.14
               1996     2483.80     2480.57     2470.76     2477.37     2394.84
               1997     2493.43     2482.98     2451.31     2450.14     2281.49
               1998     2470.93     2453.64     2399.57     2396.97     2125.92
               1999     2475.54     2459.53     2400.93     2401.99     2018.83
               2000     2470.30     2447.01     2370.67     2380.80     1943.64
               2001     2502.08     2475.33     2390.73     2410.72     1897.13
               2002     2521.37     2494.60     2409.69     2437.21     1888.54
               2003     2556.96     2529.80     2443.12     2482.02     1893.58
1996-2003 Average       2496.80     2477.93     2417.10     2429.65     2055.50

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)       -50.90      -47.93      -28.72      -37.58       78.82

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)       -10.00      -10.00       10.00        0.00       98.53
_____________________________________________________________________________________

Table C13.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Moderate Size Representative Wheat Farm in North Dakota.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003     -103.60     -107.70     -142.26     -111.91     -302.63

Average Change in Real Net
Worth 1995-2003 (%)      -99.16     -104.06     -140.33     -109.97     -304.11

Average Annual Rate of Return to Assets (%)
1996-2003 Average         -4.06       -4.23       -4.96       -4.40      -15.75

Average Annual Net Cash Income ($1000)
               1995       48.35       48.35       48.35       48.35       48.35
               1996       50.03       48.49       44.30       49.27       13.74
               1997       34.66       32.88       27.38       22.90       -4.54
               1998       32.21       31.27       26.07       23.80       -2.34
               1999       36.10       35.29       31.15       31.08       -0.38
               2000       24.61       23.07       19.38       25.07       -8.32
               2001       24.77       23.33       19.71       24.77        0.09
               2002       18.93       17.61       14.03       18.52        2.32
               2003       16.80       15.51       20.83       19.55        9.13
1996-2003 Average         29.76       28.43       25.36       26.87        1.21

Average Annual Govt. Payments ($1000)
               1995       15.72       15.72       15.72       15.72       15.72
               1996       19.98       17.93       17.22       22.71        0.00
               1997       25.62       23.08       25.00       19.63        0.00
               1998       25.22       22.52       24.02       20.67        0.00
               1999       22.26       19.92       19.95       19.33        0.00
               2000       18.33       16.22       13.47       15.83        0.00
               2001       16.31       14.32       11.83       12.90        0.00
               2002       14.58       12.54       10.40       10.11        0.00
               2003       11.23        9.54        7.48       10.11        0.00
1996-2003 Average         19.19       17.01       16.17       16.41        0.00

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995      254.56      254.56      254.56      254.56      254.56
               1996      260.70      259.69      256.92      260.20      230.66
               1997      232.98      230.34      222.50      221.54      166.97
               1998      218.15      215.82      204.85      200.09      126.14
               1999      210.63      207.82      193.67      188.54        0.00
               2000      168.39      163.35      145.05      146.37        0.00
               2001      143.27      137.05      115.90      121.62        0.00
               2002      105.84       98.57        0.00       84.20        0.00
               2003        0.00        0.00        0.00        0.00        0.00
1996-2003 Average        166.35      161.63      128.45      149.03     -106.94

Average Annual Real Net Worth ($1000)
               1995      254.56      254.56      254.56      254.56      254.56
               1996      261.07      260.07      257.35      260.63      230.95
               1997      233.82      230.90      222.52      221.56      164.14
               1998      219.14      216.34      204.39      199.64      118.50
               1999      211.49      207.79      191.70      186.56        0.00
               2000      171.45      165.01      143.71      145.03        0.00
               2001      150.09      142.06      117.06      122.79        0.00
               2002      115.44      106.27        0.00       87.84        0.00
               2003        2.13        0.00        0.00        0.00        0.00
1996-2003 Average        170.58      164.77      129.25      149.83        0.00

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)        26.47       27.65       30.76       28.49       56.58

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)        24.58       26.32       29.91       27.62       57.10
_____________________________________________________________________________________

Table C14.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Large Size Representative Wheat Farm in North Dakota.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003      -36.27      -37.84      -44.00      -38.74     -183.78

Average Change in Real Net
Worth 1995-2003 (%)      -31.79      -34.20      -42.18      -36.93     -185.61

Average Annual Rate of Return to Assets (%)
1996-2003 Average         -0.04       -0.13       -0.49       -0.08       -5.09

Average Annual Net Cash Income ($1000)
               1995       45.80       45.80       45.80       45.80       45.80
               1996       40.10       37.09       26.16       37.39      -59.15
               1997       33.27       29.70       13.74        1.53      -72.64
               1998       25.21       24.27       14.16        1.68      -65.68
               1999       43.84       40.89       34.55       45.70      -37.95
               2000       58.21       55.49       47.19       70.06      -52.25
               2001       67.89       65.64       57.66       71.48      -52.48
               2002       57.06       55.46       47.80       59.28      -45.26
               2003       61.11       59.81       53.46       72.17      -18.32
1996-2003 Average         48.34       46.04       36.84       44.91      -50.47

Average Annual Govt. Payments ($1000)
               1995       42.83       42.83       42.83       42.83       42.83
               1996       54.74       49.21       47.11       60.63        0.00
               1997       69.28       62.54       67.56       52.48        0.00
               1998       68.15       60.95       64.79       55.31        0.00
               1999       59.92       53.74       53.82       51.76        0.00
               2000       49.05       43.50       36.63       42.39        0.00
               2001       43.79       38.55       32.01       34.55        0.00
               2002       39.09       33.77       28.14       26.81        0.00
               2003       30.25       25.80       20.40       26.81        0.00
1996-2003 Average         51.78       46.01       43.81       43.84        0.00

Average Annual Real Net Worth w/o
Land Inflation ($1,000)
               1995      954.94      954.94      954.94      954.94      954.94
               1996      902.07      899.22      888.86      899.49      808.03
               1997      852.23      846.10      821.07      820.16      661.22
               1998      787.01      783.54      764.84      733.62      534.63
               1999      721.53      712.69      691.04      705.36      437.63
               2000      700.95      689.81      648.34      681.18      297.90
               2001      690.00      677.08      629.04      655.42        0.00
               2002      630.33      616.23      562.15      597.53        0.00
               2003      608.58      593.60      534.82      584.95        0.00
1996-2003 Average        736.59      727.28      692.52      709.71      173.76

Average Annual Real Net Worth ($1000)
               1995      954.94      954.94      954.94      954.94      954.94
               1996      903.18      900.39      890.22      900.86      808.83
               1997      854.86      847.67      820.45      819.54      649.23
               1998      789.93      784.62      762.00      730.78      503.06
               1999      723.65      711.23      681.82      696.14      398.32
               2000      711.59      694.87      641.37      674.21      251.36
               2001      715.37      695.26      631.80      658.19        0.00
               2002      666.60      644.93      574.57      609.96        0.00
               2003      651.40      628.33      552.16      602.30        0.00
1996-2003 Average        752.07      738.41      694.30      711.50      147.06

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)        55.15       57.03       66.17       60.26      136.90

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)        50.21       52.20       63.44       57.86      139.29
_____________________________________________________________________________________

Table C15.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Moderate Size Representative Wheat Farm in Kansas.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003      -70.22      -71.96      -99.54     -100.62     -239.90

Average Change in Real Net
Worth 1995-2003 (%)      -64.54      -67.26      -96.95      -98.03     -241.53

Average Annual Rate of Return to Assets (%)
1996-2003 Average         -2.62       -2.73       -3.22       -3.26      -11.20

Average Annual Net Cash Income ($1000)
               1995       25.93       25.93       25.93       25.93       25.93
               1996       24.25       23.47       20.69       22.00       -6.92
               1997       23.77       22.71       18.81       13.22      -10.57
               1998       17.63       16.64       11.84        9.26      -16.08
               1999       19.02       18.11       14.12       13.21      -17.03
               2000       17.01       16.32       13.63       15.65      -22.30
               2001       10.83       10.20        7.46        8.48      -21.83
               2002        9.01        8.22        5.13        4.22      -17.31
               2003        6.07        5.36        2.49        3.72      -12.48
1996-2003 Average         15.95       15.13       11.77       11.22      -15.56

Average Annual Govt. Payments ($1000)
               1995       17.68       17.68       17.68       17.68       17.68
               1996       22.37       20.31       18.88       21.70        0.00
               1997       26.45       24.15       24.95       18.92        0.00
               1998       25.75       23.24       23.93       20.06        0.00
               1999       22.24       20.19       20.05       18.83        0.00
               2000       17.71       15.91       14.49       15.46        0.00
               2001       16.02       14.31       12.28       12.60        0.00
               2002       14.29       12.68       10.84        9.35        0.00
               2003       11.38        9.95        8.22        9.35        0.00
1996-2003 Average         19.53       17.59       16.71       15.78        0.00

Average Annual Real Net Worth w/
Land Inflation ($1,000)
               1995      314.93      314.93      314.93      314.93      314.93
               1996      298.95      298.22      295.58      296.82      269.43
               1997      282.79      281.08      274.87      270.87      221.81
               1998      251.57      248.98      238.48      232.19      160.76
               1999      230.35      226.99      213.08      206.08      108.70
               2000      201.38      197.47      181.43      176.34        0.00
               2001      161.71      157.32      139.20      135.09        0.00
               2002      129.10      124.12      103.68       98.87        0.00
               2003       93.78       88.30        1.44        0.00        0.00
1996-2003 Average        206.20      202.81      180.97      176.79      -30.05

Average Annual Real Net Worth ($1000)
               1995      314.93      314.93      314.93      314.93      314.93
               1996      299.61      298.90      296.34      297.57      269.96
               1997      284.25      282.13      275.09      271.09      217.68
               1998      253.34      250.05      238.05      231.77      149.35
               1999      232.01      227.29      210.41      203.42       94.53
               2000      206.48      200.44      179.81      174.72        0.00
               2001      172.61      165.49      141.47      137.36        0.00
               2002      144.34      136.47      109.81      105.00        0.00
               2003      111.68      103.10        9.60        6.21        0.00
1996-2003 Average        213.04      207.98      182.57      178.39        0.00

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)        33.61       34.19       36.73       37.63       61.65

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)        30.26       31.03       35.51       35.54       62.45
_____________________________________________________________________________________

Table C16.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Large Size Representative Wheat Farm in Kansas.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003      -36.45      -38.27      -44.17      -43.58     -224.11

Average Change in Real Net
Worth 1995-2003 (%)      -37.50      -39.71      -46.50      -45.90     -228.19

Average Annual Rate of Return to Assets (%)
1996-2003 Average         -0.58       -0.70       -0.91       -0.84      -11.37

Average Annual Net Cash Income ($1000)
               1995       54.61       54.61       54.61       54.61       54.61
               1996       47.89       46.50       42.23       46.10      -21.27
               1997       36.81       34.78       28.72       17.93      -38.84
               1998       35.62       33.91       26.49       22.48      -36.01
               1999       32.67       31.04       24.82       24.21      -38.41
               2000       34.64       33.49       29.37       36.14      -43.30
               2001       32.21       31.25       29.32       33.32      -36.61
               2002       34.28       33.03       29.98       29.77      -29.45
               2003       35.37       34.39       30.65       35.05      -24.32
1996-2003 Average         36.19       34.80       30.20       30.63      -33.53

Average Annual Govt. Payments ($1000)
               1995       36.86       36.86       36.86       36.86       36.86
               1996       48.68       44.22       41.48       46.23        0.00
               1997       57.17       52.21       54.39       40.37        0.00
               1998       56.03       50.61       52.67       42.80        0.00
               1999       48.11       43.68       43.82       40.16        0.00
               2000       37.92       34.09       31.23       32.97        0.00
               2001       34.53       30.90       26.57       26.88        0.00
               2002       30.56       27.17       23.31       19.57        0.00
               2003       24.34       21.31       17.71       19.57        0.00
1996-2003 Average         42.17       38.02       36.40       33.57        0.00

Average Annual Real Net Worth w/
Land Inflation ($1,000)
               1995      508.08      508.08      508.08      508.08      508.08
               1996      494.76      493.44      489.40      493.06      429.24
               1997      464.13      460.94      451.32      444.89      329.31
               1998      442.86      438.16      421.92      411.92      250.25
               1999      411.82      405.74      384.19      373.81      171.68
               2000      389.99      383.00      358.19      355.79        0.00
               2001      359.33      351.63      327.58      327.53        0.00
               2002      340.14      331.60      305.87      305.63        0.00
               2003      322.86      313.66      283.64      286.68        0.00
1996-2003 Average        403.24      397.27      377.76      374.91      -25.02

Average Annual Real Net Worth ($1000)
               1995      508.08      508.08      508.08      508.08      508.08
               1996      492.58      491.28      487.28      490.95      426.98
               1997      460.01      456.55      446.37      439.94      321.45
               1998      436.61      431.44      414.19      404.19      235.17
               1999      403.29      396.29      372.75      362.37      152.54
               2000      381.68      373.26      345.37      342.97        0.00
               2001      352.95      343.40      315.41      315.36        0.00
               2002      334.81      324.34      294.43      294.20        0.00
               2003      317.57      306.30      271.83      274.87        0.00
1996-2003 Average        397.44      390.36      368.45      365.60        0.00

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)        28.12       29.30       32.90       32.77       90.52

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)        28.52       30.31       34.60       34.51       93.82
_____________________________________________________________________________________

Table C17.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Moderate Size Representative Wheat Farm in Colorado.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003        3.22        1.19       -1.17       -2.92      -40.75

Average Change in Real Net
Worth 1995-2003 (%)        9.73        6.58        1.81        0.06      -42.62

Average Annual Rate of Return to Assets (%)
1996-2003 Average          3.30        3.04        2.75        2.58       -1.29

Average Annual Net Cash Income ($1000)
               1995       57.92       57.92       57.92       57.92       57.92
               1996       66.03       62.39       57.78       61.35       11.96
               1997       69.40       65.16       61.74       49.74        5.95
               1998       69.80       65.20       61.59       52.58        7.18
               1999       64.36       60.88       57.03       53.14        9.16
               2000       60.37       57.27       53.35       54.90        9.89
               2001       57.42       54.44       49.94       50.56        8.33
               2002       58.73       55.93       51.30       48.05        7.07
               2003       57.60       54.69       50.44       51.77        4.16
1996-2003 Average         62.96       59.49       55.40       52.76        7.96

Average Annual Govt. Payments ($1000)
               1995       33.86       33.86       33.86       33.86       33.86
               1996       44.72       40.62       38.11       42.47        0.00
               1997       52.51       47.96       49.35       37.09        0.00
               1998       51.48       46.49       48.39       39.32        0.00
               1999       44.20       40.13       40.25       36.89        0.00
               2000       34.84       31.32       28.69       30.29        0.00
               2001       31.72       28.38       24.41       24.69        0.00
               2002       28.08       24.96       21.41       17.98        0.00
               2003       22.36       19.57       16.27       17.98        0.00
1996-2003 Average         38.74       34.93       33.36       30.84        0.00

Average Annual Real Net Worth w/
Land Inflation ($1,000)
               1995      627.46      627.46      627.46      627.46      627.46
               1996      632.67      631.47      629.95      631.13      601.43
               1997      637.20      634.28      631.22      626.57      566.75
               1998      645.95      640.97      636.11      626.78      536.90
               1999      646.68      639.82      633.16      621.61      509.27
               2000      649.86      641.28      632.55      621.77      481.01
               2001      645.92      635.84      624.91      614.71      445.25
               2002      648.42      637.01      624.14      612.44      411.75
               2003      647.63      634.93      620.14      609.15      371.77
1996-2003 Average        644.29      636.95      629.02      620.52      490.52

Average Annual Real Net Worth ($1000)
               1995      627.46      627.46      627.46      627.46      627.46
               1996      634.17      633.03      631.67      632.85      602.66
               1997      640.52      636.68      631.72      627.07      557.31
               1998      650.01      643.42      635.14      625.80      510.83
               1999      650.48      640.50      627.06      615.51      476.88
               2000      661.53      648.07      628.84      618.05      442.73
               2001      670.85      654.49      630.10      619.90      413.63
               2002      683.25      665.23      638.14      626.44      390.28
               2003      688.54      668.76      638.79      627.80      360.04
1996-2003 Average        659.92      648.77      632.68      624.18      469.29

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)        -4.51       -1.61        1.77        4.08       43.07

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)       -13.67      -10.00       -2.10        0.00       46.56
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Table C18.  Implications of Alternative Farm Programs Currently Under Consideration
            by Congress on a Large Size Representative Wheat Farm in Colorado.
_____________________________________________________________________________________

                         Baseline    20%Flex     30%Flex     FTFA        NOPROG
_____________________________________________________________________________________

Average Change in Real Net Worth w/o Land
Inflation 1995-2003      -23.90      -26.70      -31.30      -31.46      -98.28

Average Change in Real Net
Worth 1995-2003 (%)      -19.88      -23.64      -30.28      -30.44     -101.35

Average Annual Rate of Return to Assets (%)
1996-2003 Average          0.96        0.70        0.29        0.30       -4.18

Average Annual Net Cash Income ($1000)
               1995       36.45       36.45       36.45       36.45       36.45
               1996       42.72       38.24       31.48       35.88      -34.09
               1997       47.56       42.34       36.19       19.78      -40.58
               1998       36.79       39.58       32.58       21.20      -41.50
               1999       27.24       21.99       15.28       27.37      -41.70
               2000       25.23       20.38       13.89       15.99      -52.63
               2001       26.24       21.35       14.46       15.07      -59.61
               2002       24.86       19.98       13.20        9.45      -64.35
               2003       18.80       14.05        7.77       10.27      -71.72
1996-2003 Average         31.18       27.24       20.61       19.38      -50.77

Average Annual Govt. Payments ($1000)
               1995       46.25       46.25       46.25       46.25       46.25
               1996       61.08       55.48       52.05       58.01        0.00
               1997       71.73       65.50       67.63       50.66        0.00
               1998       70.31       63.50       66.09       53.71        0.00
               1999       60.37       54.81       54.98       50.39        0.00
               2000       47.58       42.78       39.19       41.37        0.00
               2001       43.32       38.77       33.34       33.73        0.00
               2002       38.35       34.09       29.24       24.56        0.00
               2003       30.54       26.74       22.22       24.56        0.00
1996-2003 Average         52.91       47.71       45.59       42.12        0.00

Average Annual Real Net Worth w/
Land Inflation ($1,000)
               1995      900.40      900.40      900.40      900.40      900.40
               1996      885.45      882.40      877.82      880.81      819.30
               1997      876.86      867.49      858.88      852.20      735.55
               1998      843.33      852.79      837.92      820.94      653.80
               1999      805.03      795.86      775.22      799.89      574.19
               2000      777.38      763.87      737.86      736.49      466.16
               2001      751.11      733.63      702.11      700.60      358.73
               2002      722.77      701.26      664.51      661.19      260.45
               2003      685.25      659.95      618.59      617.12       15.49
1996-2003 Average        793.40      782.16      759.11      758.65      485.46

Average Annual Real Net Worth ($1000)
               1995      900.40      900.40      900.40      900.40      900.40
               1996      885.23      882.26      877.87      880.86      818.76
               1997      876.93      866.44      855.53      848.85      720.16
               1998      842.48      849.98      830.97      813.99      616.43
               1999      802.15      789.19      760.33      785.01      527.44
               2000      782.42      762.99      724.26      722.89      410.65
               2001      770.70      745.61      697.77      696.26      309.78
               2002      752.93      723.40      669.42      666.09      222.36
               2003      721.42      687.56      627.78      626.32        0.00
1996-2003 Average        804.28      788.43      755.49      755.03      451.68

NIA for Real Net Worth w/o Land Inflation 1996-2003
in Dollars ($1000)        35.16       38.29       43.53       45.00       99.22

NIA for Total Real Net Worth 1996-2003
in Dollars ($1000)        27.43       33.89       42.11       43.50      104.95
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