@article{Taylor:262019,
      recid = {262019},
      author = {Taylor, Richard D.},
      title = {2017 North Dakota Agricultural Outlook: Representative  Farms, 2017-2026},
      address = {2017-08-01},
      number = {1187-2017-3833},
      series = {Agribusiness & Applied Economics 776},
      pages = {31},
      year = {2017},
      abstract = {Net farm income in North Dakota was at record levels for  most representative farms in 2012. However, by 2016 net  farm income fell 65% from 2012 levels. Net farm income is  expected to continue to fall through 2026, although at a  much slower rate. Commodity prices are expected to increase  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 high  profit farms will increase slightly throughout the forecast  period. Debt-to-asset ratios for the high profit farms are  expected to decrease slightly.},
      url = {http://ageconsearch.umn.edu/record/262019},
      doi = {https://doi.org/10.22004/ag.econ.262019},
}