APPENDIX A:
CHARACTERISTICS OF

REPRESENTATIVE FARMS

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING FEED GRAINS</strong>

A 950-acre Northwestern Iowa (Webster County) moderate size grain farm that plants
475 acres of corn and 475 acres of soybeans.  The farm receives 57 percent of its receipts from
corn.  This farm has been updated for 1996.

A 2,200-acre Northwestern Iowa (Webster County) large grain farm that plants 1,100
acres of corn and 1,100 acres of soybeans.  The farm generates 58 percent of its receipts from
corn.  The farm has been updated for 1996.

MOCG1500 A 1,500-acre Central Missouri (Carroll County) moderate size grain farm with 250
acres of wheat, 550 acres of corn, and 700 acres of soybeans.  This farm is located in the
Missouri river bottom and  supplies feed to the livestock producers in the region at premium to
other areas of Missouri.  Corn generates about 46 percent of the farm's receipts.  The farm has
been updated for 1996.

MOCG3000 A 3,000-acre Central Missouri (Carroll County) large grain farm with 300 acres of
wheat, 1,350 acres of corn, and 1,350 acres of soybeans.  This farm is located in the Missouri
river bottom and  supplies feed to the livestock producers in the region at premium to other
areas of Missouri.  The farm generates about 56 percent of its total revenue from corn.  The
farm has been updated for 1996.

MONG1200 A 1,200-acre Northern Missouri (Nodaway County) diversified grain farm with
525 acres of corn, 525 acres of soybeans, and 150 acres of hay.  The farm also has 150 breeding
cows and 80 breeding sows.  The farm generates about 45 percent of its total revenue from corn
and soybeans, 40 percent from hogs, and 14 percent from cattle.  The farm has been updated for
1996.

NEG800 A 800-acre South Central Nebraska (Phelps County) moderate size 100 percent
irrigated grain farm that plants 770 acres of corn, and 30 acres of alfalfa.  The farm also has 100
breeding cows.  The farm generates 92 percent of its receipts from corn.  The farm has been
updated for 1996.

NEG1575 A 1,575-acre South Central Nebraska (Phelps County) large 100 percent irrigated
grain farm that plants 1,575 acres of corn.  The farm generates about 98 percent of its receipts
from corn.  The farm has been updated for 1996.

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING FEED GRAINS

TXNP1600 a 1,600-acre Northern High Plains of Texas (Moore County) moderate size 100
percent irrigated grain farm with 642 acres of wheat, 280 acres of sorghum, 470 acres of corn,
and 208 acres fallow.  The farm generates 68 percent of its total receipts from feed grains.  The
farm has been updated for 1996.

TXNP5500 A 5,500-acre Northern High Plains of Texas (Moore County) large 85 percent
irrigated grain farm with 1,675 acres of irrigated wheat, 800 acres of dryland wheat in the
corners of all pivot irrigated fields, 275 acres of irrigated sorghum, 2,200 acres of irrigated corn,
and 550 acres fallow.  The farm generates about 72 percent of its receipts from feed grains.  The
farm has been updated for 1996.

KSG728 a 728-acre Southwestern Kansas (Finney County) 100 percent irrigated grain farm
with 128 acres of wheat, and 600 acres of corn.  The farm generates 92 percent of its total
receipts from corn.  This farm is more likely to be considered a small farm rather than our
typical moderate size operation.  The farm has been updated for 1996.

KSG1652 a 1,652-acre Southwestern Kansas (Finney County) moderate size 100 percent
irrigated grain farm with 600 acres of wheat, and 1050 acres of corn.  The farm generates 89
percent of its total receipts from corn. The farm has been updated for 1996.

SCG1500 A 1,500-acre South Carolina (Clarendon County) moderate size grain farm with 750
acres of double cropped wheat and soybeans, 600 acres of corn, and 150 acres of full season
soybeans.  The farm generates about 68 percent of its total receipts from corn and soybeans.
This farm enjoys high returns on double cropped acreage but timing will not allow more than
750 acres.  The farm has been updated for 1996.

SCG3500 a 3,500-acre South Carolina (Clarendon County) large grain farm with 2020 acres of
double crop wheat and soybeans, 350 acres of cotton, 1,130 acres of corn.  This farm enjoys
high returns on double cropped acreage but timing is a limiting factor.  The farm generates 73
percent of its receipts from corn and soybeans.  The farm has been updated for 1996.

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING WHEAT

WAW1500 A 1,500-acre Southeastern Washington (Whitman County) moderate size grain
farm that plants 750 acres of wheat, 300 acres of barley, and 450 acres of peas.  Disease
problems require a rotation that includes at least a minimum amount of barley and peas in order
to maintain wheat yields.  The farm generates 67 percent of its receipts from wheat.  The farm
has been updated for 1996.

WAW4250 A 4,250-acre Southeastern Washington (Whitman County) large size grain farm
that is harvesting 3,188 acres of wheat, 425 acres of Barley, and 638 acres of Peas.  Disease
problems require a rotation that includes at least a minimum amount of barley and peas in order
to maintain wheat yields.  The farm generates 86 percent of its receipts from winter and spring
wheat.  The farm has been updated for 1996.

NDW1760 A 1,760-acre South Central North Dakota (Barnes County) moderate size grain farm
that has 920 acres of wheat, 400 acres of barley, and 440 acres of sunflowers.  Rotation and
disease problems will not allow more than 25% of the acres to be planted to sunflowers.  The
farm receives about 53 percent of receipts from wheat.  The farm has been updated for 1996.

NDW4600 A 4,600-acre South Central North Dakota (Barnes County) large grain farm that
plants 2,400 acres of wheat, 1,200 acres of barley, and 1,000 acres of sunflowers.  Rotation and
disease problems will not allow more than 25% of the acres to be planted to sunflowers.  Wheat
accounts for 53 percent of the farms total gross receipts.  The farm has been updated for 1996.

KSSC1495 A 1,495-acre South Central Kansas (Sumner County) moderate size grain farm that
plants 1,200 acres of wheat, and 295 acres of grain sorghum.  The farm generates 81 percent of
its receipts from wheat.  The farm has been updated for 1996.

KSSC3080 A 3,080-acre South Central Kansas (Sumner County) large grain farm harvesting
2,464 acres of wheat, 462 acres of grain sorghum, and 154 acres of hay.  The farm also has 67
breeding cows.  The farm generates 81 percent of its receipts from wheat.  The farm has been
updated for 1996.

KSNW2325 A 2,325-acre North Western Kansas (Thomas County) moderate size grain farm
that plants 900 acres of wheat, 225 acres of grain sorghum, 225 acres of corn and has 900 acres
of fallow.  The farm also has 100 breeding cows.  The farm generates 55 percent of its receipts
from wheat.  The farm has been updated for 1996.

KSNW4300 A 4,300-acre North Western Kansas (Thomas County) large grain farm harvesting
2,000 acres of wheat, 250 acres of grain sorghum, 250 acres of dryland corn, 240 of irrigated
corn, 75 acres of hay, and 1485 acres of fallow.  The farm also has 100 breeding cows.  The
farm generates 56 percent of its receipts from wheat.  The farm has been updated for 1996.

COW2700 A 2,700-acre Northeast Colorado (Washington County) moderate size grain farm
that plants 1,100 acres of wheat, 400 acres of millet, and 120 acres of corn, and will leave 810
acres fallow.  This farm is using a smaller fallow rotation than its larger counterpart thus
allowing for only 680 less harvested acres per year.  The farm generates 70 percent of its
receipts from wheat.  The farm has been updated for 1996.

COW4000 A 4,000-acre Northeast Colorado (Washington County) large size grain farm that
plants 1,700 acres of wheat, and 600 acres of millet, and will leave 1700 acres in fallow.  The
50/50 rotation on wheat and fallow makes the harvested acres on this farm closer to the
harvested acres on the moderate farm.  Wheat produces 82 percent of the farms gross revenue.
The farm has been updated for 1996.

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING COTTON

CAC2000 A 2000-acre Central San Joaquin Valley California (Kings County) moderate size
cotton farm that plants 1100 acres of cotton, 300 acres of wheat, 300 acres of corn and 300 acres
of hay.  The farm generates 65 percent of its gross income from cotton.  The farm has been
updated for 1996.

CAC6000 A 6000-acre Central San Joaquin Valley California (Kings County) large cotton farm
harvesting 3,000 acres of cotton, 1,500 acres of vegetables, 720 acres of wheat, 240 acres of
corn,  and 300 acres of hay.  Vegetables on this farm vary considerable from year to year
depending on the price of the particular vegetable, however, the returns to this 1500 acres
remain relatively stable over time.  Cotton generates about 71 percent of this farm's receipts.
The farm has been updated for 1996.

TXSP1682 A 1,682-acre Texas Southern High Plains (Dawson County) moderate size cotton
farm.  The farm plants 961 acres of cotton (886 dryland and 75 irrigated), 95 acres of peanuts,
and has 183 acres in CRP.  This farm is just now starting to adopt the irrigation practices of its
larger counterpart.  The farm generates 79 percent of its receipts from cotton.  The farm has
been updated for 1996.

TXSP3697 A 3,697-acre Texas Southern High Plains (Dawson County) large cotton farm.  The
farm plants 2,822 acres of cotton (2,094 dryland and 728 irrigated), 128 acres of peanuts and
has 214 acres in CRP.  Cotton generates 92 percent of this farms receipts.  The farm has been
updated for 1996.

TXRP1700 A 1,700-acre Texas Rolling Plains (Jones County) moderate size cotton farm that
plants 1,070 acres of cotton and 200 acres of wheat.  The farm also has 50 breeding cows and
uses the wheat to graze the cattle during the winter.  Cotton accounts for 88 percent of the farms
receipts. The farm has been updated for 1993.

TXRP2500 A 2,500-acre Texas Rolling Plains (Jones County) large cotton farm that plants
1,633 acres of cotton, and 300 acres of wheat.  The farm also has 75 breeding cows and uses the
wheat acreage to graze the cattle in the winter.  About 88 percent of this farms receipts are
derived from cotton.  The farm has been updated for 1993.

TXBL1200 A 1,200-acre Texas Blacklands (Williamson County) moderate size cotton and
grain farm with 400 acres of cotton, 350 acres of sorghum, and 350 acres of corn.  This farm
also has 50 breeding cows which are pastured on rented land that cannot be cropped.  Cotton
generates 50 percent of the farms receipts.  The farm has been updated for 1996.

TXCB1700 A 1,700-acre Texas Coastal Bend (San Patricio County) cotton farm with 765 acres
of cotton and 935 acres of grain sorghum.  Severe disease problems force this farm to plant at a
minimum 50 percent of the land to grain sorghum.  About 70 percent of this farm's receipts are
cotton receipts.  The farm has been updated for 1996.

MSC1635 A 1,635-acre Mississippi Delta (Washington County) moderate size cotton farm that
plants 925 acres of cotton and 640 acres of soybeans.  The farm generates 87 percent of its
receipts from cotton.  The farm has been updated for 1993.

MSC3620 A 3,620-acre Mississippi Delta (Washington County) large cotton farm that plants
1,700 acres of cotton and 1,620 acres of soybeans.  About 83 percent of the farm's receipts are
derived from cotton.  The farm has been updated for 1993.

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING RICE

CAR424 A 424-acre Sacramento Valley California (Sutter and Yuba Counties) moderate size
rice farm that plants 400 acres of rice.  The farm generates 95 percent of its gross income from
rice.  The farm has been updated for 1996.

CAR1365 A 1,365-acre Sacramento Valley California (Sutter and Yuba Counties) large rice
farm that plants 1265 acres of rice.  The farm generates about 98 percent of its gross income
from rice.  The farm has been updated for 1996.

TXR2118 A 2,118-acre West of Houston, Texas (Wharton County) moderate size rice farm that
harvests 600 acres of first crop rice, and 510 acres of ratoon rice.  The farm receives 99 percent
of its gross receipts from rice.  The farm has been updated for 1996.

TXR3750 A 3,750-acre West of Houston, Texas (Wharton County) large rice farm that harvests
1500 acres of first-crop rice, 1275 acres of ratoon rice, and 200 acres of hay.  The farm also has
200 breeding cows.  90 percent of the farm's gross receipts are from rice.  The farm has been
updated for 1996.

MOR1900 A 1,900-acre Southeastern Missouri (Butler County) moderate size rice farm with
616 acres of rice, 650 acres of soybeans, and 633 acres of corn.  Rice accounts for 47 percent of
this farms receipts.  The farm has been updated for 1996.

MOR4000 A 4,000-acre Southeastern Missouri (Butler County) large rice farm with 1,710
acres of rice, 800 acre soybeans, 1,250 acres of corn, and 240 acres of cotton.  Fifty-five percent
of this farm's receipts are generated from rice.  The farm has been updated for 1996.

ARR1260 A 1,260-acre Arkansas (Poinsett County) moderate size rice farm that plants 696
acres of rice, 319 acres of soybeans and 145 acres of wheat.  Rice accounts for 77 percent of the
farm's receipts.  This farm has been updated for 1993.

LAR1100 A 1,100-acre Louisiana (Jefferson Davis, Acadia, and Vermilion Parishes) moderate
size rice farm harvesting 540 acres of rice, 362 acres of soybeans, and 198 acres of fallow.
About 83 percent of this farm's receipts are generated by rice. This farm has been updated for
1993.

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING MILK

CAD1710 A 1710-cow Central California (Tulare County) large dairy farm that produces
21,800 pounds of milk per cow.  The farm plants 200 acres of hay and 325 acres of silage for
which it employs custom harvesting.  Milk receipts generate 95 percent of all receipts.  The
farm has been updated for 1996.

WAD185 A 185-cow Northern Washington (Whatcom County) moderate size dairy farm that
produces 25,500 pounds of milk per cow.  The farm plants 112 acres of silage and generates 98
percent of its receipts from milk.  The farm has been updated for 1996.

WAD850 A 850-cow Northern Washington (Whatcom County) large dairy farm that produces
23,500 pounds of milk per cow.  The farm plants 500 acres of silage and generates 97 percent of
its receipts from milk.  The farm has been updated for 1996.

TXCD400 A 400-cow Central Texas (Erath County) moderate size dairy farm that produces
16,100 pounds of milk per cow.  The farm plants 118 acres of hay and 172 acres of silage.  Milk
is 95 percent of the farms gross income.  The farm has been updated for 1996.

TXCD825 A 825-cow Central Texas (Erath County) large dairy farm that produces 19,200
pounds of milk per cow.  The farm plants 215 acres for silage and milk accounts for 96 percent
of receipts.  The farm has been updated for 1996.

TXED210 A 210-cow East Texas (Hopkins County) moderate size dairy farm that produces
16,000 pounds of milk per cow.  The farm plants 195 acres of hay and generates 90 percent of
its receipts from milk.  The farm has been updated for 1996.

TXED650 A 650-cow East Texas (Lamar County) large dairy farm that produces 17,000
pounds of milk per cow.  The farm plants 140 acres of hay and 425 acres of silage.  The farm
generates 93 percent of its receipts from milk.  The farm has been updated for 1996.

WID70 A 70-cow Eastern Wisconsin (Winnebago County) moderate size dairy farm that
produces 20,500 pounds of milk per cow.  The farm plants 37 acres of hay, 40 acres of corn, 23
acres of silage, and 102 acres of haylage.  Milk makes up 92 percent of this farm's receipts.
The farm has been updated for 1996.

WID600 A 600-cow Eastern Wisconsin (Winnebago County) large dairy farm that produces
19,800 pounds of milk per cow.  The farm plants 350 acres of corn, 200 acres of silage, and 450
acres of haylage.  Milk accounts for 93 percent of the farm's receipts.  The farm has been
updated for 1996.

MOD85 A 85-cow Southwestern Missouri (Christian County) moderate size dairy farm that
averages 15,600 pounds of milk per cow.  The farm plants 211 acres of hay.  About 91 percent
of the farm's receipts come from milk.  The farm has been updated for 1996.

MOD300 A 300-cow Southwestern Missouri (Christian County) large dairy farm that averages
17,300 pounds of milk per cow.  The farm plants 573 acres of hay and 107 acres of silage.  Milk
accounts for 95 percent of this farm's receipts.  The farm has been updated for 1996.

1996 CHARACTERISTICS OF PANEL FARM PRODUCING MILK

NYWD700 A 700-cow Western New York (Wyoming County) moderate size dairy farm that
produces 22,700 pounds of milk per cow.  The farm plants 510 acres of silage and 425 acres of
haylage.  About 94 percent of the farm's receipts come from milk.  The farm has been updated
for 1996.

NYWD1200 A 1200-cow Western New York (Wyoming County) large dairy farm that
produces 21,700 pounds of milk per cow.  The farm plants 825 acres of silage and 700 acres of
haylage.  Milk accounts for 96 percent of the farm's receipts.  The farm has been updated for
1996.

NYCD110 A 110-cow Central New York (Cayuga County) moderate size dairy farm that
produces 22,000 pounds of milk per cow. The farm plants 50 acres of hay, 75 acres of corn, 76
acres of silage, and 94 acres of haylage.  Milk accounts for 95 percent of the farms receipts.
The farm has been updated for 1996.

NYCD300 A 300-cow Central New York (Cayuga County) large dairy farm that produces
21,500 pounds of milk per cow.  The farm plants 155 acres of hay, 145 acres of corn, 170 acres
of silage, and 286 acres of haylage.  The farm generates 95 percent of its receipts from milk.
The farm has been updated for 1996.

VTD85 A 85-cow Vermont (Washington County) moderate size dairy farm that averages
22,400 pounds of milk per cow.  The farm plants 73 acres of hay, 57 acres of silage, and 70
acres of haylage.  Milk accounts for 91 percent of the receipts.  The farm has been updated for
1996.

VTD350 A 350-cow Vermont (Washington County) large dairy farm that averages 22,000
pounds of milk per cow.  The farm plants 332 acres of hay, 200 acres of silage, and 168 acres of
haylage.  Milk accounts for 96 percent of the farm's receipts.  The farm has been updated for
1996.

GAND175 A 175-cow Central Georgia (Putnam County) moderate size dairy farm that
produces 18,000 pounds of milk per cow.  Rather than plant any crops, this farm opts to
purchase all of its feed requirements in the form of a premixed ration.  Milk accounts for 96
percent of the farm's gross income.  The farm has been updated for 1996.

GASD650 A 650-cow Southern Georgia (Houston County) large dairy farm that produces
19,000 pounds of milk per cow.  The farm plants 150 acres of hay and 200 acres of silage.  Milk
makes up 96 percent of the farm's receipts.  The farm has been updated for 1996.

FLND380 A 380-cow North Florida (Lafayette County) moderate size dairy farm that averages
17,000 pounds of milk per cow.  The farm grows 200 acres of hay.  All feed requirements, in
addition to hay, are met through a purchased pre-mixed ration.  Milk sales account for 95
percent of the farm's receipts.  Excess hay sales provide one percent of cash receipts and are
expected to provide supplemental sales from year to year.  The farm has been updated for 1996.

FLSD2000 A 2000-cow South Central Florida (Okeechobee County) large dairy farm that
produces 16,500 pounds of milk per cow.  The farm grows 1210 acres of hay.  In addition to
grass hay, grass silage, and pasture, cows receive a purchased premixed ration.  Milk sales
generate 94 percent of its receipts.  The farm has been updated for 1996.

NMD2000 A 2000-cow Southern New Mexico (Dona Anna and Chaves County) large dairy
farm that averages 22,400 pounds per cow.  Rather than plant any crops, this farm purchased all
commodities necessary for blending its own total mixed ration.  Milk sales account for 95
percent of cash receipts.  The farm has been updated for 1996.

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING BEEF CATTLE

MTB400       A 400-cow ranch located in the eastern plains of Montana (Custer County).  The ranch
runs cows on a combination of owned, federal, state, and private lease land.  One quarter of its
total animal unit month grazing needs come from federal land and the ranch owns 14,000 acres
of pasture.  Of the total land owned, 440 acres are planted for hay.  Cattle generates 100 percent
of the total receipts on the ranch.  This ranch has been updated for 1996.

WYB300       A 300-cow ranch located in North Central Wyoming (Washakie County).  The ranch
harvests hay from 200 acres of owned cropland, and it owns another 1000 acres of pastureland.
Rangeland leased from the Forest Service provides 42 percent of the ranch's grazing needs.
Cattle generates 100 percent of the total receipts on the ranch.  This ranch has been updated for
1996.

COB300      A 300-cow ranch located in Northwest Colorado (Routt County).  Federal land
provides 7 percent of the ranch's AUM needs.  Hay is produced on 400 acres of the pasture-hay
land, of which the ranch owns 300.  The ranch owns 1800 acres of pastureland, and the cattle
graze the federal land during the summer months.  Cattle generates 89 percent of the total
receipts on the ranch.  This ranch participates in a retained ownership program through the
feedlot with 75% of the steers raised.  This ranch has been updated for 1996.

TXB400    A 400-cow ranch located in South Central Texas (Gonzales County).  The ranch owns
2,000 acres and leases 1,200 acres of pasture.  Hay and oats for grazing are grown on 480 acres.
Cattle generates 98 percent of the total receipts on the ranch.  This ranch has been updated for
1993.

MOSB150     A 150-cow/grain farm located in Southwest Missouri (Dade County).  The farm has
400 acres of hay, 160 acres of soybeans, 80 acres of sorghum, and 80 acres of wheat.  The farm
has 400 acres of pastureland for the cattle herd.  Cattle generates 47 percent of the total receipts
for the farm.  Crops other than hay generate another 49 percent of this farm's receipts.  This
farm has been updated for 1993.

1996 CHARACTERISTICS OF PANEL FARMS PRODUCING HOGS

MOH100 A 100-sow hog farm located in North Central Missouri (Carroll County).  The farm
plants 160 acres of corn, 80 acres of soybeans, 80 acres of wheat, and 40 acres of hay.  The farm
weans 16 pigs per sow in a year and has a feeding efficiency measure of 3.4 pounds of feed per
pound of pork sold.  Hogs generate 82 percent of the farm's total receipts while crops produce
another 15 percent of receipts.  This farm has been updated for 1996.

MOH225 A 225-sow hog farm located in North Central Missouri (Carroll County).  The farm
plants 400 acres of corn, 400 acres of soybeans, and 200 acres of wheat.  This farm feeds 3.7
pounds of feed for every pound of pork sold and averages 19 pigs weaned per sow per year.
The hog enterprise generates about 82 percent of the total receipts for the farm.  The remainder
of total receipts is generated in crop sales.  This farm has been updated for 1996.

ILH200 A 200-sow hog farm located in Western Illinois (Knox County).  The farm plants 750
acres of corn, 610 acres of soybeans, and 20 acres of wheat.  This farm weans 17 pigs/sow/year
and operates on 3.5 pounds of feed per pound of pork sold.  The hog operation produces about
60 percent of the farm's total receipts while the sale of crops accounts for about 40.  This farm
has been updated for 1996.

ILH750 A 750-sow hog farm located in Western Illinois (Knox County).  The farm plants 1080
acres of corn and 720 acres of soybeans.  This farm will wean an average of 22 pigs per sow in
a year, and feeds about 3.1 pounds of feed per pound of pork sold in a year.  The hog enterprise
generates 89 percent of the total receipts on the farm.  Corn and soybean sales account for the
remaining 11 percent.   This farm has been updated for 1996.

INH150 A 150-sow hog farm located in North Central Indiana (Carroll County).  The farm
plants 750 acres of corn, 225 acres of soybeans, and 25 acres of wheat.  The farm feeds 3.3
pounds of feed per pound of pork sold and weans 17 pigs/sow/year.  About 58 percent of the
farm's receipts comes from hogs, and the remainder of receipts is generated through crop sales.
This farm has been updated for 1996.

INH600 A 600-sow hog farm located in North Central Indiana (Carroll County).  The farm
plants 1500 acres of corn, 700 acres of soybeans, and 50 acres of wheat.  The farm is able to
wean 20 pigs per sow per year and feed 3.3 pounds of feed per pound of pork sold.  The hog
operation accounts for approximately three quarters of the farm's total receipts.  The other
quarter of receipts comes from crop sales.  This farm has been updated for 1996.

NCH350 A 350-sow hog farm located in Eastern North Carolina (Wayne County).  The farm
plants 100 acres of hay to dispose of waste from the farrow-to-finish hog operation.  The farm
will wean 19.5 pigs per sow per year and will feed 3.0 pounds of feed per pound of pork sold.
The sale of hogs produces 100 percent of the farm's receipts.  This farm has been updated for
1996.

NCH13268 A 13,268-sow hog farm located in Eastern North Carolina (Wayne County).  The
operation contracts with individual farmers who provide on-site management, labor, and
facilities.  The operation provides hogs, feed and specialized labor for its group of contract
farrowing, nursery and finishing farms.  On average the farm will wean 20 pigs per sow per
year.  A measure of feed efficiency for this operation is 2.9 pounds of feed per pound of pork
sold.  100 percent of the farm's receipts are produced from the sale of hogs.  This farm has been
updated for 1996.