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Economic Contribution of the Soybean Industry to the North Dakota Economy AgEcon
Bangsund, Dean A.; Olson, Frayne E.; Leistritz, F. Larry.
The purpose of this study was to measure the economic contribution of the soybean industry to the North Dakota economy. Expenditures and returns from soybean production, grain handling, and transportation were estimated to calculate the direct economic impacts from soybean activities. Secondary economic impacts were estimated using the North Dakota Input- Output Model. Soybean production in North Dakota has trended upward over the past three decades. Increases in acreage were relatively modest in the 1980s, but by the mid 1990s acreage was beginning to rapidly expand. In 1990, North Dakota had about 500,000 acres of soybeans. By 2000, acreage had increased to 1.9 million acres. By 2009, soybean acreage in the state was approaching 4 million acres. Direct...
Tipo: Report Palavras-chave: Soybeans; North Dakota; Economic impact; Crop Production/Industries; Production Economics.
Ano: 2011 URL: http://purl.umn.edu/100396
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FINANCIAL CHARACTERISTICS OF NORTH DAKOTA FARMS 1996-1998 AgEcon
Swenson, Andrew L..
The performance of over 530 North Dakota farms, 1996-1998, is summarized using 16 financial measures. Farms are categorized by geographic region, farm type, farm size, gross cash sales, farm tenure, net farm income, debt-to-asset, and age of farmer to analyze relationships between financial performance and farm characteristics. There was severe deterioration of financial performance in 1997. Financial performance in 1998, although the second lowest in the 1991-1998 period, improved because strong crop yields and emergency federal aid helped offset low crop and livestock prices. Median farm net income was $19,491 in 1998, $14,290 in 1997 and $31,603 in 1996. One-fourth of farms had negative net farm income and 51 percent of farms were not able to make...
Tipo: Working or Discussion Paper Palavras-chave: Farm financial management; Farm management; Farm income; Liquidity; Solvency; Profitability; Repayment capacity; Financial efficiency; Financial benchmarks; Tenure; North Dakota; Agricultural Finance.
Ano: 1999 URL: http://purl.umn.edu/23233
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IN-MIGRANTS TO NORTH DAKOTA: A SOCIOECONOMIC PROFILE AgEcon
Leistritz, F. Larry; Sell, Randall S..
This study describes basic socioeconomic characteristics of new residents to North Dakota, the factors motivating their move, and their satisfaction with the North Dakota communities where they live. Data came from a 1997 survey of more than 700 new residents. New residents who responded to the survey were generally younger than the North Dakota population overall; about two-thirds were between 21 and 40 years old. The educational level of the migrants was also higher than that of the state's population overall; 47 percent of the new residents were college graduates and an additional 35 percent reported some college or post-secondary vocational/trade school attendance. About 48 percent of the new residents had previous ties to North Dakota. The new...
Tipo: Working or Discussion Paper Palavras-chave: In-migrants; New residents; Socioeconomic characteristics; North Dakota; Community/Rural/Urban Development.
Ano: 1998 URL: http://purl.umn.edu/23353
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IN-MIGRANTS TO NORTH DAKOTA: A SOCIOECONOMIC PROFILE; SUMMARY AgEcon
Leistritz, F. Larry; Sell, Randall S..
This study describes basic socioeconomic characteristics of new residents to North Dakota, the factors motivating their move, and their satisfaction with the North Dakota communities where they live. Data came from a 1997 survey of more than 700 new residents. New residents who responded to the survey were generally younger than the North Dakota population overall; about two-thirds were between 21 and 40 years old. The educational level of the migrants was also higher than that of the state's population overall; 47 percent of the new residents were college graduates and an additional 35 percent reported some college or post-secondary vocational/trade school attendance. About 48 percent of the new residents had previous ties to North Dakota. The new...
Tipo: Working or Discussion Paper Palavras-chave: In-migrants; New residents; Socioeconomic characteristics; North Dakota; Community/Rural/Urban Development.
Ano: 1998 URL: http://purl.umn.edu/23224
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A COMPARISON OF SUSTAINABLE AND CONVENTIONAL FARMERS IN NORTH DAKOTA AgEcon
Sell, Randall S.; Goreham, Gary A.; Youngs, George A., Jr.; Watt, David L..
Interviews and mail-out/mail-back surveys were conducted in 1992 with 38 conventional and 41 sustainable North Dakota farmers. The results emphasize the differences and similarities of these two types of farmers. Sustainable farms had more diverse cropping practices and were more likely to raise alternative crops like alfalfa, buckwheat, hay, millet, oats, and rye than conventional farmers. Conventional farmers were more likely to raise traditional crops like barley, sugar beets, sunflowers, and spring wheat. Conventional farmers averaged substantially higher crop yields than sustainable farmers. Three-fourths of the sustainable farmers raised livestock compared with one-half of the conventional farmers. Conventional farmers had greater equity, assets,...
Tipo: Working or Discussion Paper Palavras-chave: Sustainable farms; Conventional farms; Organic; North Dakota; Environmental Economics and Policy; Farm Management.
Ano: 1995 URL: http://purl.umn.edu/23104
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ECONOMIC CONTRIBUTION OF THE SOYBEAN INDUSTRY TO NORTH DAKOTA AgEcon
Bangsund, Dean A.; Leistritz, F. Larry.
Agriculture remains a major component in the North Dakota economy, yet many activities within the agricultural industry remain unquantified. The purpose of this study was to measure the economic contribution of the soybean industry to the North Dakota economy. Expenditures and returns from soybean production, grain handling, and transportation were estimated to calculate the direct economic impacts from soybean activities. Secondary economic impacts were estimated using the North Dakota Input-Output Model. Since 1995, soybean acreage in the United States has increased substantially in nontraditional row-crop regions, such as those found in some parts of North Dakota. Soybean acreage in the state has increased 135 percent since 1995, and 210 percent...
Tipo: Working or Discussion Paper Palavras-chave: Soybeans; North Dakota; Economic impact; Production Economics.
Ano: 1999 URL: http://purl.umn.edu/23467
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VALUATION OF NEW SPRING WHEAT VARIETIES: TRADEOFFS FOR GROWERS AND END-USERS (SUMMARY) AgEcon
Dahl, Bruce L.; Wilson, William W.; Johnson, D. Demcey; Nganje, William E..
Variety release decisions involve a number of tradeoffs, usually between grower and end-user characteristics as well as significant uncertainties about agronomic, quality, and economic variables. In this study, methodologies were developed to value tradeoffs for grower and end-user characteristics for wheat. The models capture effects of variability in agronomic, quality, and economic variables. The models were applied for three experimental varieties which have since been released and for two hypothetical varieties. Results indicate two of the experimental varieties provide improvements in grower and end-use value over most of the incumbents. Comparison of a risk adjusted portfolio model consisting of characteristics of end-use and grower values...
Tipo: Working or Discussion Paper Palavras-chave: Variety Development; Grower Value; End-user Value; North Dakota; Tradeoffs; Stochastic Dominance; Portfolio Value; Crop Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/23590
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CHARACTERISTICS, EXPENDITURES, AND ECONOMIC IMPACT OF RESIDENT AND NONRESIDENT HUNTERS AND ANGLERS IN NORTH DAKOTA, 1996-97, SEASON AND TRENDS AgEcon
Lewis, Tina D.; Leitch, Jay A.; Meyer, Aaron J..
Wildlife-related recreation is an important source of economic activity in North Dakota. Using primary, survey-based data, the expenditures and economic impacts of hunters and anglers were summarized for the 1996 hunting/fishing seasons. Total resident and nonresident expenditures (including cost of licenses and additional nonresident expenditures not related to hunting/angling) came to $594 million. Almost $144 million of total expenditures was spent in rural areas by nonresidents and urban residents. Resident and nonresident hunters and anglers generated $1.6 billion in total business activity, $250 million in retail trade sales, $393 million in personal income, and supported over 21,000 jobs. These results suggest that North Dakota's resident and...
Tipo: Working or Discussion Paper Palavras-chave: Hunter; Angler; Expenditures; Impact; North Dakota; Nonresident; Resource /Energy Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/23385
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ECONOMIC CONTRIBUTION OF THE SUGARBEET INDUSTRY TO NORTH DAKOTA AND MINNESOTA; SUMMARY AgEcon
Bangsund, Dean A.; Leistritz, F. Larry.
Agricultural industries in small geographical areas with limited acreage tend to be overlooked by those not associated with the growing region or industry. Sugarbeets continue to be produced in a relatively small geographic area and with relatively limited acreage in North Dakota and Minnesota. These factors, along with continued debate over policies affecting domestic sugar industries and recent industry expansions, help justify a continued assessment of the economic importance of the sugarbeet industry to the regional economy. Revenues from sugarbeet production and expenditures by processors to North Dakota and Minnesota entities in fiscal 1997 represented the direct economic impacts from the industry. Expenditure information was provided by...
Tipo: Working or Discussion Paper Palavras-chave: Sugarbeet industry; North Dakota; Minnesota; Economic impact; Industrial Organization; Agribusiness; International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/23204
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AN ECONOMIC ANALYSIS OF PRODUCING CARROTS IN THE RED RIVER VALLEY AgEcon
Koo, Won W.; Taylor, Richard D..
This report evaluates the U.S. carrot market using a quadratic programming algorithm. North Dakota ships carrots locally and to Minnesota under both the base and 1,000 acre scenarios. North Dakota starts to ship carrots to Illinois as it produces more under other alternative scenarios. This clearly indicates that North Dakota has a comparative advantage in producing carrots over other neighboring states. North Dakota could produce about 8,000 acres of carrots and market them to North Dakota, Minnesota, and Illinois. Additional production of carrots in North Dakota may not affect the national average price of carrots, but local prices may be affected due to regional competition.
Tipo: Working or Discussion Paper Palavras-chave: Carrots; Quadratic programming; North Dakota; Marketing; Production Economics.
Ano: 1999 URL: http://purl.umn.edu/23123
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Economic Contribution of the Sugarbeet Industry in Minnesota and North Dakota AgEcon
Bangsund, Dean A.; Hodur, Nancy M.; Leistritz, F. Larry.
Agricultural industries in small geographical areas with limited acreage tend to be overlooked by those not associated with the growing region or industry. Sugarbeets continue to be produced in a relatively small geographic area and on relatively limited acreage in Minnesota and North Dakota. These factors, along with continued debate over policies affecting domestic sugar industries and recent industry expansions, help justify a continued assessment of the economic importance of the sugarbeet industry to the regional economy. Revenues from sugarbeet production and expenditures by processors to Minnesota and North Dakota entities in fiscal 2011 represented the direct economic impacts from the industry. Expenditure information was provided by sugarbeet...
Tipo: Technical Report Palavras-chave: Sugarbeet industry; North Dakota; Minnesota; Economic impact; Agribusiness; Agricultural and Food Policy; Production Economics.
Ano: 2012 URL: http://purl.umn.edu/121494
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WHITE CORN PRODUCTION AND MARKETS FOR NORTH DAKOTA GROWERS AgEcon
Dahl, Bruce L.; Wilson, William W..
U.S. white corn production, consumption, and exports increased from 1980 to 1999/00 and production and area have since declined. White corn is produced largely in Nebraska, Kentucky, and Texas, although production in Texas has declined and has increased in other states (Illinois, Indiana, and Iowa). Major domestic processors of white corn are located in the southern United States, with the closest large domestic processor located in St. Joseph, MO. Comparisons of white and yellow corn varieties suggest yields are similar, but have a wide range of variability. Net returns for white corn are most affected by white corn premiums and yield differences relative to yellow corn in southeastern and south central North Dakota. A 10 percent yield advantage for...
Tipo: Working or Discussion Paper Palavras-chave: White corn; Supply/demand; North Dakota; Competitiveness; Markets; Geographic competition; Crop Production/Industries.
Ano: 2002 URL: http://purl.umn.edu/23588
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CONTRIBUTION OF THE NORTH DAKOTA AGRICULTURAL PRODUCTS UTILIZATION COMMISSION PROGRAMS TO THE STATE ECONOMY AgEcon
Hodur, Nancy M.; Leistritz, F. Larry; Hertsgaard, Tarrand.
The North Dakota Agricultural Products Utilization Commission (APUC) has the mission of creating new wealth and jobs through the development of new and expanded uses for North Dakota agricultural products. The Commission administers four grant programs encompassing basic and applied research, farm diversification, marketing and utilization, and prototype development. The aim of this study was to evaluate the Commission's success in attaining its goals. The project team examined the outcomes of a sample of grant recipients from each program type to evaluate the overall effectiveness of the program in meeting its stated objectives. The time frame for the evaluation was 1995-2004. During the study period, a total of $9.3 million was awarded to 396...
Tipo: Working or Discussion Paper Palavras-chave: Economic development; Agricultural processing; North Dakota; Agribusiness; Community/Rural/Urban Development.
Ano: 2006 URL: http://purl.umn.edu/23653
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FINANCIAL CHARACTERISTICS OF NORTH DAKOTA FARMS 1997-1999 AgEcon
Swenson, Andrew L..
The performance of over 530 North Dakota farms, 1997-1999, is summarized using 16 financial measures. Farms are categorized by geographic region, farm type, farm size, gross cash sales, farm tenure, net farm income, debt-to-asset, and age of farmer to analyze relationships between financial performance and farm characteristics. Farm financial trends for the 1991-1999 period are also presented. Financial performance in 1999 was the best since 1993, and had great improvement from 1997 and 1998 when one-fourth of farms had negative net farm income and over one-half of farms were not able to make scheduled term debt payments with the year's income. Although crop prices were low in 1999, there was extraordinary government and crop insurance payments, and...
Tipo: Working or Discussion Paper Palavras-chave: Farm financial management; Farm management; Farm income; Liquidity; Solvency; Profitability; Repayment capacity; Financial efficiency; Financial benchmarks; Tenure; North Dakota; Agricultural Finance.
Ano: 2000 URL: http://purl.umn.edu/23239
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CONTRIBUTION OF THE BISON INDUSTRY TO THE NORTH DAKOTA ECONOMY AgEcon
Sell, Randall S.; Bangsund, Dean A.; Leistritz, F. Larry.
The commercial bison industry is relatively new to North Dakota. There were an estimated 23,000 head of bison in North Dakota in 1998, and these animals were found in 47 of 53 counties. The purpose of this study was to estimate the economic contribution of the bison industry to the North Dakota economy. A survey of North Dakota bison producers and processors was conducted to provide estimates of direct impacts of bison activities within the state. Secondary economic impacts were determined using the North Dakota Input-Output Model. The direct impact of production and processing of bison in North Dakota in 1998 was estimated at $23 million. The $23 million in direct impacts generated an additional $47 million in secondary impacts within the state. The...
Tipo: Working or Discussion Paper Palavras-chave: Bison industry; Bison production; Bison processing; North Dakota; Economic impact; Agribusiness; Production Economics.
Ano: 2000 URL: http://purl.umn.edu/23330
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COUNTY LEVEL TAXABLE AGRICULTURAL LAND VALUES IN NORTH DAKOTA: COMPARING THE GROSS REVENUE APPROACH WITH VALUES BASED ON RENTAL VALUES AgEcon
Aakre, Dwight G.; Haugen, Ronald H..
Land values calculated with the current North Dakota agricultural land valuation model were compared with values calculated by capitalizing the average cash rent for each county. Results showed there was a significant difference in cropland values, but there was no significant difference in non-cropland values. Land values for the 2000, 2001, and 2002 assessments were compared.
Tipo: Working or Discussion Paper Palavras-chave: Land valuation model; Property taxes; North Dakota; Land Economics/Use.
Ano: 2002 URL: http://purl.umn.edu/23531
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Economic Contribution of the Petroleum Industry to North Dakota AgEcon
Bangsund, Dean A.; Leistritz, F. Larry.
The purpose of this study was to estimate the economic contribution of crude oil and natural gas exploration, extraction, transportation, and processing in North Dakota in 2005. Primary data for the study came from three separate surveys of firms involved with various aspects of the petroleum industry. Exploration, the process of finding mineral resources, was estimated to have direct impacts (in-state expenditures) of $445.1 million. Extraction, the process of developing and recovering mineral resources, had direct impacts of $909.6 million. The processing sector of the industry, which included pipeline transportation of crude oil and natural gas, had $132 million in direct impacts. The North Dakota Input-Output Model was used to estimate the...
Tipo: Report Palavras-chave: Petroleum; North Dakota; Economic impact; Employment; Tax revenues; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/7635
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ECONOMIC CONTRIBUTION NORTH DAKOTA COOPERATIVES MAKE TO THE STATE ECONOMY AgEcon
Coon, Randal C.; Leistritz, F. Larry.
Cooperatives are an important form of business organization in North Dakota; 405 cooperatives were operating in the state in 2004, with most (224) related to agriculture (farm supply, agricultural processing, and grain handling). In addition, 33 utility, 66 financial, and 82 cooperatives classified as "other" were operating in the state in 2004. Cooperatives exist to enhance sale price, reduce costs, or provide a service or product for their member-owners, but they also contribute significantly to the state's economy. This report will provide estimates of the contribution North Dakota cooperatives make to the state economy measured in terms of such key economic indicators as retail trade, personal income, total business activity, employment, and tax...
Tipo: Working or Discussion Paper Palavras-chave: Cooperatives; North Dakota; Economic impact; Agribusiness; Community/Rural/Urban Development.
Ano: 2005 URL: http://purl.umn.edu/23663
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ECONOMIC CONTRIBUTION OF THE SOYBEAN INDUSTRY TO NORTH DAKOTA; SUMMARY AgEcon
Bangsund, Dean A.; Leistritz, F. Larry.
Agriculture remains a major component in the North Dakota economy, yet many activities within the agricultural industry remain unquantified. The purpose of this study was to measure the economic contribution of the soybean industry to the North Dakota economy. Expenditures and returns from soybean production, grain handling, and transportation were estimated to calculate the direct economic impacts from soybean activities. Secondary economic impacts were estimated using the North Dakota Input-Output Model. Since 1995, soybean acreage in the United States has increased substantially in nontraditional row-crop regions, such as those found in some parts of North Dakota. Soybean acreage in the state has increased 135 percent since 1995, and 210 percent...
Tipo: Working or Discussion Paper Palavras-chave: Soybeans; North Dakota; Economic impact; Production Economics.
Ano: 1999 URL: http://purl.umn.edu/23323
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ECONOMIC CONTRIBUTION OF THE WHEAT INDUSTRY TO NORTH DAKOTA AgEcon
Bangsund, Dean A.; Leistritz, F. Larry.
The purpose of this study was to measure the economic contribution of the wheat industry to the North Dakota economy. Wheat is produced in all areas of the state; however, production is concentrated in the Red River Valley and in the northern third of the state. Wheat production (spring, durum, and winter wheat) in North Dakota averaged about 9.1 million planted acres and 275 million bushels annually from 2001 through 2003. Direct impacts (in-state expenditures and returns) from wheat production averaged $126.50 per acre or $1.14 billion annually from 2001 through 2003. Direct impacts from handling wheat at North Dakota elevators were estimated at $32 million annually. Transportation of wheat to both in-state and out-of-state destinations was...
Tipo: Working or Discussion Paper Palavras-chave: Wheat; North Dakota; Economic impact; Crop Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/23537
Registros recuperados: 53
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