2012 North Dakota Agricultural Outlook: Representative Farms, 2012-2021
AbstractNet farm income in North Dakota was at near record levels for most representative farms in 2011. However income in 2021 is projected to be lower than in 2011. Commodity prices are expected to decrease slowly from current levels. Commodity yields are projected to increase at historical trend-line rates and production expenses are expected to return to normal growth rates. Debt-to-asset ratios for all farms except for the low profit farm will decrease slightly throughout the forecast period. Debt-to-asset ratios for the low-profit farms are expected to increase slightly.
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Bibliographic InfoPaper provided by North Dakota State University, Department of Agribusiness and Applied Economics in its series Agribusiness & Applied Economics Report with number 133395.
Date of creation: Jun 2012
Date of revision:
net farm income; debt-to-asset ratios; cropland prices; land rental rates; farm operating expenses; capitalization rate; risk; Crop Production/Industries; Production Economics;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-10-06 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Benirschka, Martin & Koo, Won W., 1995. "World Wheat Policy Simulation Model: Description and Computer Program Documentation," Agricultural Economics Reports 23333, North Dakota State University, Department of Agribusiness and Applied Economics.
- Benirschka, Martin & Koo, Won W. & Lou, Jianqiang, 1996. "World Sugar Policy Simulation Model: Description And Computer Program Documentation," Agricultural Economics Reports 23432, North Dakota State University, Department of Agribusiness and Applied Economics.
- repec:wop:ndsaer:356 is not listed on IDEAS
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