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THE
BIG
PICTURE
WHAT WAS FARMING LIKE IN
2009 NORTH CENTRAL REGION #2
A COMPARISON BETWEEN SELECTED
DATA FROM THE 2009 REGION 2
AVERAGES AND THE PREVIOUS YEARS
These Graphs Represent
An Average of Detailed Records
of Farms Enrolled in
Farm Management Programs
located in North Central
North Dakota (Region 2)
and for years 1989-2009
Region 4
Region 3
Region 2Region 1
North Dakota Farm Business Management Education Programs
North Central North Dakota (Region 2) Averages
Gross Cash Farm IncomeRegion 2 Farm Business Mgmt.
$0$50,000
$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$550,000$600,000
Cash Operation Expense & Deprec Region 2 Farm Business Mgmt.
$0$50,000
$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Cash Expense Deprec & Cap Adjust
Net Farm Income Region 2 Farm Business Mgmt.
$0
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
Net Farm Inc
Net Farm Income (Low & High 20%)Region 2 Farm Business Mgmt.
-$50,000$0
$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000
Low 20% High 20% Column 7 Column 8 Column 9
Total Insurance Income Region 2 Farm Business Mgmt.
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Insurance
Net Farm Income without Insurance Income
Region 2 Farm Business Mgmt.
$0
$30,000
$60,000
$90,000
$120,000
$150,000
$180,000
$210,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
NFI w/o Insurance
Total Government Payments (Cash) Region 2 Farm Business Mgmt.
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Gov Payments including CRP
Net Farm Income without Gov Payments Region 2 Farm Business Mgmt.
-$40,000
-$20,000
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
Net Farm Inc /without Gov Pay
Net Farm Income without Gov Pay or Ins Income Region 2 Farm Business Mgmt.
-$75,000
-$50,000
-$25,000
$0
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
NFI without Gov Pay or Ins
Government Payments as a Percent of All Expense
Region 2 Farm Business Mgmt.
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Gov Pay as % of Exp
Average Total Assets Region 2 Farm Business Mgmt.
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
Average Total Liabilities Region 2 Farm Business Mgmt.
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Average Change in Net Worth Region 2 Farm Business Mgmt.
$0
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Change in Net Worth
Total Acres FarmedRegion 2 Farm Business Mgmt.
0
300600
900
1,2001,500
1,800
2,1002,400
2,700
Crop Acres PastureAcres
Total Net Income Region 2 Farm Business Mgmt.
$0$25,000$50,000$75,000
$100,000$125,000$150,000$175,000$200,000$225,000$250,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Net Farm Inc Non Farm Inc Gifts & Inher
Labor & Management Earnings Region 2 Farm Business Mgmt.
$0
$25,000
$50,000
$75,000
$100,000
$125,000
$150,000
$175,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Labor & Management Earningswithout Government Payments
Region 2 Farm Business Mgmt.
-$60,000
-$40,000
-$20,000
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Total Seed Expense Region 2 Farm Business Mgmt.
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
89 91 93 95 97 99 '01
'03
'05
'07
'09
Total Fertilizer Expense Region 2 Farm Business Mgmt.
$0
$15,000
$30,000
$45,000
$60,000
$75,000
$90,000
89 91 93 95 97 99 '01
'03
'05
'07
'09
Total Chemical Expense Region 2 Farm Business Mgmt.
$0$5,000
$10,000$15,000$20,000$25,000$30,000$35,000$40,000$45,000$50,000$55,000$60,000
89 91 93 95 97 99 '01
'03
'05
'07
'09
Total Crop Insurance Expense Region 2 Farm Business Mgmt.
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
89 91 93 95 97 99 '01
'03
'05
'07
'09
Total Repair Expense Region 2 Farm Business Mgmt.
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
89 91 93 95 97 99 '01
'03
'05
'06
'08
Total Fuel & Oil Expense Region 2 Farm Business Mgmt.
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
Total Money Borrowed Region 2 Farm Business Mgmt.
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
89 91 93 95 97 99 '01
'03
'05
'07
'09
Total Interest Paid Region 2 Farm Business Mgmt.
$0$3,000
$6,000$9,000
$12,000$15,000
$18,000$21,000
$24,000$27,000
$30,000
89 91 93 95 97 99 '01
'03
'05
'07
'09
Total Family Living ExpenseRegion 2 Farm Business Mgmt.
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
89 91 93 95 97 99 '01
'03
'05
'07
'09
Family Living Income Tax Paid
% Return on Equity per FarmRegion 2 ND Farm Business Management
0.0%4.0%8.0%
12.0%16.0%20.0%24.0%28.0%32.0%36.0%
89 91 93 95 97 99 '01
'03
'05
'07
'09
Return on Equity
% Return on Assets per FarmRegion 2 ND Farm Business Management
0.0%
3.0%
6.0%
9.0%
12.0%
15.0%
18.0%
21.0%
89 89 91 93 95 97 99 '01
'03
'05
'07
'09
Return on Assets
% Return on Equity/Assets per FarmRegion 2, ND Farm Business Mgmt.
0.0%
4.0%
8.0%
12.0%
16.0%
20.0%
24.0%
28.0%
32.0%
Return on Equity Return on Assets
% Return on Assets/Equity per FarmRegion 2, ND Farm Business Mgmt.
0.0%
4.0%
8.0%
12.0%
16.0%
20.0%
24.0%
28.0%
32.0%
Return on Assets Return on Equity
Average Farmer AgeRegion 2 Farm Business Mgmt.
32.0
34.0
36.0
38.0
40.0
42.0
44.0
46.0
48.0
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Farmer Age
Wheat & Barley YieldsRegion 2, ND Farm Business Mgmt.
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
89 91 93 95 97 99 '01
'03
'05
'07
'09
Barley Yield Wheat Yield
Average Wheat Price Region 2 Farm Business Mgmt.
$2.00$2.50$3.00$3.50$4.00$4.50$5.00$5.50$6.00$6.50$7.00$7.50$8.00
89 91 93 95 97 99 '01
'03
'05
'07
'09
Net Income Per Cow Region 2 Farm Business Mgmt.
-$25$0
$25$50$75
$100$125$150$175$200$225$250
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
Total Direct & Overhead Costs/CowRegion 2 Farm Business Mgmt.
$0$50
$100$150$200$250$300$350$400$450$500
1993
1995
1997
1999
2001
2003
2005
2007
2009
Direct Cost Overhead Cost
Selected Annual Farm ExpensesRegion 2 Farm Business Mgmt.
(North Central North Dakota)
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
2002 2003 2004 2005 2006 2007 2008 2009
Fertilizer Seed Fuel Chemical Interest
Net Farm Income Region 2 Farm Business Mgmt.
(North Central North Dakota)
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
2002 2003 2004 2005 2006 2007 2008 2009Accrual NFI Including all Disaster & Other Gov Payments. Does Not Include Return on Labor, Management, or Investment.
Annual Fertilizer & Fuel ExpensesRegion 2 Farm Business Mgmt.
(North Central North Dakota)
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
2003 2004 2005 2006 2007 2008 2009
Fertilizer Fuel
An Educational Program of the North Dakota State Department for Career and Technical
Education
