English, Article, Journal or magazine article edition: 1997 NORTH DAKOTA AGRICULTURAL OUTLOOK: REPRESENTATIVE FARMS 1996- 2005 Won W. KOO; Marvin R. DUNCAN; Richard D. TAYLOR

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Bookmark: http://trove.nla.gov.au/version/143359
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • 1997 NORTH DAKOTA AGRICULTURAL OUTLOOK: REPRESENTATIVE FARMS 1996- 2005
Author
  • Won W. KOO
  • Marvin R. DUNCAN
  • Richard D. TAYLOR
Physical Description
  • preprint
Notes
  • 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 prices. Debt-to-asset ratios for most farms, although rising across the forecast period, will not reach levels that imperil credit worthiness. Debt-to-asset ratios for the low profit and small size farms are higher than those for large and high profit farms. Keywords: Net farm income; debt-to- asset ratio; cropland prices; land rental rates; farm operating expenses; capitalization rate
  • RePEc:wop:ndsaer:373
Language
  • English
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