In 2010, single-family homes were approximately half (54 percent) of the new authorized housing in North Dakota and averaged $173,424 in value.
Finances
The program compares prevented planting with growing either the same crop for which a prevented planting payment could be received or some other crop.
Unlike prevented planting insurance, which is calculated crop by crop, the SURE payment is triggered at the whole-farm level.
The question is whether to plant the crop and accept the risk of lower yields and reduced crop insurance coverage or to collect a prevented-planting crop insurance indemnity payment and idle the ground.
Some farmers can't get to their fields becase of washed-out roads.
The largest industry in 2007, in terms of the number of firms owned by American Indians and Alaska natives, was health care and social assistance.
The average monthly Social Security benefit for a retired worker in North Dakota was $1,085 in 2009.
The popular revenue protection policy has a “revenue guarantee,” however a producer’s actual revenue can be and often is less.
["Since 1994, North Dakota has ranked among the top nine states with the highest multiple job-holding rates in the nation.", ""]
Most custom rates have increased 10 to 20 percent from the previous survey conducted in 2007.
Agricultural producers need to take a close look at some tax preparation items.
In 2010, $95 million in SNAP benefits were distributed to North Dakota participants, up 19 percent from $80 million 2009.
After adjusting for inflation, North Dakota’s real-dollar GDP grew 4 percent from 2008 to 2009.
["Producers must do tax planning before the end of the year based on the information known at this time.", ""]
Farm gross cash revenue has doubled during the past decade.
North Dakota’s charitable giving continued to rise in spite of the recession that was occurring.
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Estimates indicate that the 2007 through 2009 three-year average of uninsured children in North Dakota is 7.2 percent.
A tracking system finds that 63 percent of North Dakota college graduates were either employed in North Dakota or re-enrolled within the state one year after graduation.
Since 2004, crude oil production in North Dakota has grown an average of 21.1 percent per year to reach 79.7 million barrels in 2009.
The housing market reflects the contrasting economies between North Dakota and the nation.
The rising price of seed is one of the factors causing farmers to become interested in automatic row control.
""The leveling of family living expenditures makes sense,” says Andy Swenson, NDSU farm management specialist.
A concern with ACRE is the ""if"" questions.
The significant shift in the relationship of transfer payments to total personal income between North Dakota and the U.S. reflects changing economic circumstances.
There was a large difference in profit by farm type.
North Dakota’s trend in bankruptcy filings has closely followed the national pattern of change.
It is important because it is anticipated a significant number of acres in North Dakota will go unharvested because of disaster-related conditions.
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