Net farm income in North Dakota was at record levels for most representative farms in 2010. However income in 2020 is projected to be lower than in 2010. Commodity prices are expected to decrease slowly from current levels. Commodity yields are projected to increase at historical trend-line...

Net farm income of participants in the North Dakota Farm Business Management Education Program increased with years of enrollment both in absolute terms and compared to peer group benchmarks. Median net farm income increased $7,829 and $14,191 between the first and fifth year of enrollment for...

Net farm income for nearly all representative farms in 2015 is projected to be higher than in 2005. 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 and yields are projected to increase slightly...