This report summarizes the results of the North Dakota Land Valuation Model using a capitalization rate of 9.5 percent. The 2003 North Dakota Legislature amended the statute that defines the capitalization rate to be used in this analysis. This legislative change places a minimum of 9.5 percent...

The North Dakota Land Valuation Model was created by the North Dakota Legislature in the early 1980s. This model is used to estimate the value of agricultural land based on productivity for purposes of real estate tax assessment. Prior to this change, agricultural real estate was assessed based...

Federal defense projects have let to rapid population changes in many communities. These communities often have experienced rapid growth during the construction and installation phase, followed by a population decrease when the project became operational and labor requirements declined. Large...

For many years, the United States has blocked trade with Cuba, but the situation has recently changed. The Trade Sanctions Reform and Export Enhancement Act of 2000 loosened U.S. sanctions on agricultural exports to Cuba, allowing Cuba to buy from the United States using cash but not credit. The...

A principal-agent problem was specified to define the equilibrium solution of a contracting strategy for a U.S. supplier exporting wheat to meet EU traceability requirements. The buyer (principal) offers a contract, the supplier (agent) accepts the contract, and then the supplier decides whether...

Several recent developments have stimulated farmers' interest in raising corn for ethanol production in northwestern North Dakota. The purpose of this study is to estimate the corn supply response of western North Dakota farmers for ethanol production. Two focus groups of western North Dakota...

Substantial progress was made to establish a market for organic and non-certified organic produce in the Fargo, ND and Moorhead, MN area. Partnerships were established early-on with two local grocery store chains, in part, due to professionally produced sales material from an already established...