This report is the fourth in an annual series of economic surveys which concentrate on financial aspects of New Zealand wheatgrowing farms. These surveys have heen undertaken by the Agricultural Economics Research Unit at Lincoln College on behalf of Wheat Growers Sub-Section of Federated Farmers of New Zealand Inc. The principal objective of this survey is to establish, from farm accounts and personal interviews, financial data pertaining to wheatgrowing farms in the 1980-81 financial year. Such data will allow a more comprehensive picture of wheat growing in New Zealand, in line with that available for other major New Zealand farming industries.