2002 NORTH DAKOTA AGRICULTURAL OUTLOOK: REPRESENTATIVE FARMS, 2002-2011 | Land Portal

Resource information

Date of publication: 
December 2002
Resource Language: 
ISBN / Resource ID: 
AGRIS:US2012210485

Net farm income for most representative farms in 2011 will be lower than in 2002. Low profit farms, which consist of 25% of the farms in the study, may not have financial resiliency to survive. The new farm bill will provide higher net farm income than a continuation of the FAIR Act. Cropland prices and cash rental rates are projected to increase slightly in all regions. Debt-to-asset ratios for most farms will increase slightly throughout the forecast period. Debt-to-asset ratios for the low-profit and small-size farms are higher than those for large and high-profit farms.

Authors and Publishers

Author(s), editor(s), contributor(s): 

Koo, Won W.
Taylor, Richard D.
Swenson, Andrew L.

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