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Net farm income of participants in the North Dakota Farm Business Management Education Program increased with years of enrollment both in absolute terms and compared to peer group benchmarks. Median net farm income increased $7,829 and $14,191 between the first and fifth year of enrollment for...
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Net farm income for all representative farms will be lower in 2003 than in 1995-96, but net farm income will be level throughout the 1997-2005 period. Cropland prices are projected to fall in all regions of North Dakota after peaking in 1996-97. Cash rental rates are projected to follow cropland...
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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...
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Net farm income for all representative farms in 2013 will be lower than in 2004. Low-profit farms, which comprise 25% of the farms in the study, may not have financial resiliency to survive without off-farm income. Costs are projected to increase faster than yields, which will pressure net farm...
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