A combination of unusual circumstances occurred to create the lofty crop profit in 2007.
Finances
During the past 10 years, average farm family living expenses reported by the North Dakota Farm Business Management Education Program have increased from $31,170 in 1998 to $51,167 in 2007.
Even after adjusting for inflation, North Dakota’s personal income increased by 3.8 percent between 2006 and 2007.
It is important to review the broad range of federal policy changes that could be undertaken to increase the quantity of foods produced and moderate the rapid inflation of food prices.
North Dakota residents received $3.41 billion in personal transfer receipts in 2006, an 8.7 percent increase from $3.14 billion in 2005.
An NDSU nutrient management specialist offers tips on calibrating manure spreaders.
North Dakota cropland values continue to rise.
Document Actions

