This report evaluates the U.S. and world wheat markets for the 1998-2008 period by using the World Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, the weather, and technological change. Both the U.S. and...

This report evaluates the U.S. and world sugar markets for 1998-2008 by using the World 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....

North Dakota net farm income declined in 1997 due to adverse weather conditions and low prices. The total income loss in 1997 was estimated to be $394 million, which was divided into $290 million due to weather and diseases, and $104 million due to lower-than-average prices. Net farm income...

Net farm income for most representative farms in 2008 will be higher than in 1999. However, low profit farms, which consist of 25% of the farms in the study, may have a negative net farm income throughout the forecasting period and may not have financial resiliency to survive. This is true under...

North Dakota gross returns from HRS wheat, durum wheat, and barley declined in 1999, relative to the expected gross returns, due to adverse weather conditions and low prices. The total gross return reductions in 1999 was estimated to be $361 million, which was divided into $51 million from...

Net farm income for most representative farms in 2009 will be lower than in 1999. Low profit farms, which consist of 25% of the farms in the study, may have negative net farm income throughout the forecasting period, and may not have financial resiliency to survive. This is true under both...

Significant changes under the 1996 FAIR Act and recent trade agreements are occurring in the U.S. farm sector. The changes will affect both the source and the magnitude of the business and financial risks that farmers will be required to manage. The objectives of this study were to investigate...

Significant changes under the 1996 FAIR Act and trade agreements are occurring in the U.S. farm sector. The changes will affect both the source and the magnitude of the business and financial risks that farmers will be required to manage. The objectives of this study were to investigate farmer...