Friday, December 01, 2006
Family Living Draw For North Dakota Famers & Ranchers
Farm Business Management Data for North Dakota clearly indicates Family Living Draw is increasing for farmers and ranchers. This chart suggests that Family Living Draw is increasing $1500 per year. This is equal to the typical net cash income generated from 15 beef cows. This, then, suggests that ranchers need to add 15 cows per year just to cover the added family living draw!