2002 NORTH DAKOTA AGRICULTURAL OUTLOOK: REPRESENTATIVE FARMS, 2002-2011

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 prices and cash rental rates are projected to increase slightly in all regions. Debt-to-asset ratios for most farms will increase slightly throughout the forecast period. Debt-to-asset ratios for the low-profit and small-size farms are higher than those for large and high-profit farms.


Subject(s):
Issue Date:
2002
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/23506
Total Pages:
22
Series Statement:
Agribusiness & Applied Economics Report No. 485




 Record created 2017-04-01, last modified 2017-08-24

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