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Short and Long Term Planning Prices

County Agent News

Dan Folske

January 15, 2010

Short and Long Term Planning Prices

NDSU Extension Service marketing specialists and farm management specialists have just released a new bulletin titled “Plotting a Course 2010”. The bulletin provides historic and projected planning prices for the most common crops and livestock in North Dakota. The short term planning prices are best used for planning cash flows and single year budgets. For major capital investments in machinery producers should look at projected long term average prices. The bulletin, which includes a 2010-2011 marketing year price of $6.20/bu for durum and $110/cwt for 500-600 lb steers, is available at the Burke County Extension office, ph. 377- 2927, or email me at dan.folske@ndsu.edu . Or find it online at: http://www.ag.ndsu.edu/pubs/agecon/market/ec1090.pdf

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The short term planning prices are best used for planning cash flows and single year budgets. For major capital investments in machinery producers should look at projected long term average prices. The bulletin, which includes a 2010-2011 marketing year price of $6.20/bu for durum and $110/cwt for 500-600 lb steers, is available at the Burke County Extension office, ph. 377- 2927, or email me at dan.folske@ndsu.edu . Or find it online at: http://www.ag.ndsu.edu/pubs/agecon/market/ec1090.pdf Document Actions Send this Print this	News Liven Up Your Grill Menu with Fruits and Vegetables May 11, 2012 Kochia Resistance in North Dakota/Early Season Tan Spot Already Observed May 07, 2012 Understanding How "I Do" and Money Matters! May 07, 2012 More news… Latest Info Spotlight on Economics: Time to Consider Water Quality and Economic Good May 23, 2012 Hortiscope May 23, 2012 NDSU Names Boerboom Extension Director May 21, 2012 More…
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