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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...
Persistent link: https://www.econbiz.de/10010909468
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...
Persistent link: https://www.econbiz.de/10005330953
The analysis was conducted to evaluate the impacts of both the Federal Agricultural Improvement and Reform Act of 1996 (FAIR) and the cattle cycle on the livestock enterprises. The North Dakota Representative Farm and Ranch Model, which uses the Food and Agricultural Policy Research Institute...
Persistent link: https://www.econbiz.de/10005330989
Net farm income for all representative farms in 2012 will be lower than in 2003. Low profit farms, which comprise of 25% of the farms in the study, may not have financial resiliency to survive. Costs are projected to increase faster than yields. The new farm bill removes much of the price risk...
Persistent link: https://www.econbiz.de/10005331072
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...
Persistent link: https://www.econbiz.de/10009323046
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...
Persistent link: https://www.econbiz.de/10005806177
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...
Persistent link: https://www.econbiz.de/10005806312
Net farm income for all representative farms in 2013 will be lower than in 2004. Low-profit farms, which comprise 25% of the farms in the study, may not have financial resiliency to survive without off-farm income. Costs are projected to increase faster than yields, which will pressure net farm...
Persistent link: https://www.econbiz.de/10005806354
Net farm income for all representative farms in 2014 is projected to be lower than in 2004. Low-profit farms, which comprise 25% of the farms in the study, may not have financial resiliency to survive without off-farm income. Costs are projected to increase faster than yields, which will...
Persistent link: https://www.econbiz.de/10005806361
Net farm income for all representative farms in 2018 is projected to be lower than in 2008. 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 are expected to fall from current levels however the...
Persistent link: https://www.econbiz.de/10008549255