Net 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...

There has been an increase in support for developing genetic modification (GM) technology in wheat. The purpose of this paper was to develop an analytical model to analyze the value of GM traits at different phases of development. To do so we developed a stochastic binomial model of real...

Agricultural industries in small geographical areas with limited acreage tend to be overlooked by those not associated with the growing region or industry. Sugarbeets continue to be produced in a relatively small geographic area and on relatively limited acreage in eastern Montana and western...

This report evaluates the U.S. and world wheat markets for the 2012-2021 time period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change. Both the...

Demand for identity-preserved (IP) crops produced by Northern Plains farmers is increasing. Buyers are willing to pay a premium for grains that can be guaranteed to possess a unique characteristic. Several general crop management practices apply to crops raised for IP. These include greater...

Markets for agricultural products may be inefficient when signals do not adequately reflect product characteristics important to market participants. Although preferences can be explicitly stated through price premiums or characteristic values can be determined via hedonic methods, the problem...