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| Title: | More Income for North Dakota Farmers: The Potential Role of Livestock Enterprises |
| Authors: | Duncan, Marvin R. Anderson, Vernon Faller, Timothy Haugse, Clayton Hughes, Harlan Landblom, Douglas Taylor, Richard |
| Issue Date: | 1992-05 |
| Series/Report no.: | Agricultural Economics Miscellaneous Report 164 |
| Abstract: | Income from livestock marketing has declined as a proportion of total gross farm income in the past two decades. • Income from cattle and calves accounts for about 65-75 percent of total livestock income in the state. • Income from milk has ranged from 14-20 percent of total livestock income in the state. • Income from swine, a promising growth enterprise for the state, has generated only 5-8 percent of total livestock income. • Livestock income is very important to counties in western North Dakota, relatively unimportant in the eastern counties. • Enterprise budgets for beef and swine indicate positive returns to operator and unpaid labor, management, and equity capital for 1992. • Less than 30 percent of North Dakota's feed grain output is used within the state to support livestock production. • Large quantities of unused roughage and crop residue, currently unused, could support additional livestock production. • Livestock production can be a complementary enterprise with crop production adding to farmer income levels and stability of income. • Constraints to increased livestock production in the state can be resolved largely through a program of focused research and education. |
| URI: | http://purl.umn.edu/51189 |
| Institution/Association: | North Dakota State University>Department of Agribusiness and Applied Economics>Agricultural Economics Miscellaneous Reports |
| Total Pages: | 22 |
| Collections: | Agricultural Economics Miscellaneous Reports
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| No.164.pdf | | 1163Kb | PDF | View/Open |
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