Analysts often use a single average or otherwise aggregated price series to represent several geographic or product markets even when disaggregate data are available. We hypothesize that such an approach may not be appropriate under some circumstances, such as when only long-term relationships...

Changes in production conditions associated with biological invasions can be complex. As a result, modeling invasive species management decisions can be difficult. Modeling these decisions is further compounded by externalities associated with spatial relationships among growers. In order to...

Agricultural input supply and marketing cooperatives are an important part of North Dakota's agricultural economy. North Dakota agricultural cooperatives purchase and merchandise feed and food grains, maintain inventories of farm inputs, and provide specialized services. In 2004, 224 farm...

ABSTRACT Changes in grain handling technologies and favorable terms on rail services are encouraging construction of state of the art grain handling facilities. Given these are high fixed and low marginal cost operations that are becoming increasingly vertically interdependent, the investments...

This paper examines the profitability of a balanced sample of 58 North Dakota farm supply and grain marketing cooperatives over the period 2003– 2007. Our findings reveal that increased liquidity tended to allow farm supply cooperatives to operate more efficiently, but reduced the...

The feasibility analysis begins by examining the economic potential of using flared natural gas as a feedstock to produce a low-cost, reliable, and sustainable supply of nitrogen fertilizer for North Dakota farmers. Specific objectives include • Determining the most profitable facility size,...

Cooperatives are a vital component of the North Dakota economy. Owned by their customers or by privately-held firms, cooperatives provide a variety of goods and services to North Dakota. Based on data provided by the North Dakota Secretary of State, 332 businesses operating in North Dakota...

Changes in production conditions associated with biological invasions can be complex. As a result, modeling invasive species management decisions can be difficult. Modeling these decisions is further compounded by externalities associated with spatial relationships among growers. In order to...