IDEAS home Printed from https://ideas.repec.org/p/ags/nddaae/55124.html
   My bibliography  Save this paper

2009 North Dakota Agricultural Outlook: Representative Farms, 2009-2018

Author

Listed:
  • Taylor, Richard D.
  • Koo, Won W.
  • Swenson, Andrew L.

Abstract

Net farm income for all representative farms in 2018 is projected to be lower than in 2008. Low-profit farms, which comprise 20% of the farms in the study, may not have financial resiliency to survive without off-farm income. Commodity prices are expected to fall from current levels however the final level is unknown. Commodity yields are projected to increase at historical trend-line rates and production expenses are expected to return to normal growth rates after 2009. 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 to about 0.50.

Suggested Citation

  • Taylor, Richard D. & Koo, Won W. & Swenson, Andrew L., 2009. "2009 North Dakota Agricultural Outlook: Representative Farms, 2009-2018," Agribusiness & Applied Economics Report 55124, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaae:55124
    DOI: 10.22004/ag.econ.55124
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/55124/files/AE%20652.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.55124?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Taylor, Richard D. & Koo, Won W., 2009. "Climate Change Legislation: Positive or Negative For North Dakota Agriculture?," Agribusiness & Applied Economics Report 55940, North Dakota State University, Department of Agribusiness and Applied Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:nddaae:55124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dandsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.