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|Title: ||2012 North Dakota Agricultural Outlook: Representative Farms, 2012-2021|
|Authors: ||Taylor, Richard D.|
Koo, Won W.
Swenson, Andrew L.
|Authors (Email): ||Taylor, Richard D. (firstname.lastname@example.org)|
Koo, Won W. (email@example.com)
Swenson, Andrew L. (firstname.lastname@example.org)
|Keywords: ||net farm income|
land rental rates
farm operating expenses
|Issue Date: ||2012-06|
|Series/Report no.: ||Agribusiness and Applied Economics Report No.|
|Abstract: ||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 rates and production expenses are expected to return to normal growth rates. 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 slightly.|
|Institution/Association: ||North Dakota State University>Department of Agribusiness and Applied Economics>Agribusiness & Applied Economics Report|
|Total Pages: ||30|
|Collections:||Agribusiness & Applied Economics Report|
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