2009 North Dakota Agricultural Outlook: Representative Farms, 2009-2018
| dc.creator | Taylor, Richard D. | |
| dc.creator | Koo, Won W. | |
| dc.creator | Swenson, Andrew L. | |
| dc.date | 2017-04-01T17:02:23Z | |
| dc.date.accessioned | 2026-07-09T04:55:21Z | |
| dc.description | 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 final level is unknown. Commodity yields are projected to increase at historical trend-line rates and production expenses are expected to return to normal growth rates after 2009. Debt-to-asset ratios for all farms except for the low profit farm will decrease slightly throughout the forecast period. Debt-to-asset ratios for the low-profit farms are expected to increase to about 0.50. | |
| dc.identifier | doi:10.22004/ag.econ.54246 | |
| dc.identifier | https://ageconsearch.umn.edu/record/54246/files/AE%20652.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/54246 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/556661 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/54246 | |
| dc.title | 2009 North Dakota Agricultural Outlook: Representative Farms, 2009-2018 | |
| dc.type | Text |