Textbooks in agricultural economics characterize resources used in production agriculture into four categories: land, labor, capital, and entrepreneurial ability. Profit is presented as earned by management. This traditional list of resources is respecified. Management is redefined as a...

The feasibility analysis begins by examining the economic potential of using flared natural gas as a feedstock to produce a low-cost, reliable, and sustainable supply of nitrogen fertilizer for North Dakota farmers. Specific objectives include • Determining the most profitable facility size,...

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...

Pesticides have become a major farm production cost over the past 25 years. There are price and label differences for agricultural herbicides between the United States and Canada. Trade names are different in some cases, label restrictions vary, and weights and measures are different. The...

The performance of over 530 North Dakota farms, 1998-2000, is summarized using 16 financial measures. Farms are categorized by geographic region, farm type, farm size, gross cash sales, farm tenure, net farm income, debt-to-asset, and age of farmer to analyze relationships between financial...

The objectives of this study are to analyze the factors causing an increase in wheat imports from Canada and to estimate the effect of increased wheat imports on U.S. prices and farm income. An econometric model is developed and estimated to determine these factors and effects. Canadian exports...

This report evaluates the U.S. and world sugar markets for 2004-2013 using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and...

The practices of the Canadian Wheat Board (CWB) are an important issue in U.S. - Canada trade disputes and WTO negotiations. This study analyzes the CWB?s effect on U.S. producers by reviewing findings from previous research and developing models to analyze CWB wheat exports to the United States...

This report evaluates the U.S. and world sugar markets for 2005-2015 using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and...

Trade with Latin American countries is an increasingly important issue, as negotiations progress for a Free Trade Area of the Americas (FTAA). The objectives of this study are to analyze U.S. agricultural trade with Latin American countries, determine factors influencing agricultural trade with...