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Many South Dakotans are dealing with flood issues following recent blizzards and record-breaking rain.

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All Economics Content

small group of cattle in a flooded pasture. FEMA News Photo

Livestock Loss Assistance

The Livestock Indemnity Program (LIP) is designed to provide a payment to livestock owners or contract growers who experience excess livestock deaths due to adverse weather, including winter storms, floods, extreme cold and blizzards, eligible disease and eligible attacks.

neighborhood street flooded with melted snow and water runoff. FEMA News Photo

Flood Insurance

The higher amounts of snow this year will increase the chance of flooding and the potential water damage to homes and residential properties. Now is the time to consider purchasing a flood insurance policy.

 several cattlemen on horseback moving a herd of cattle at pasture

Cow Share Agreements

Getting started in the cattle business can be tricky for beginning cattlemen due to the amount of capital investment needed upfront.

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Modern agriculture requires savvy financial planning and strategy.

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Agriculture Producers Invited to Attend SDSU Extension Ag Economic Dialogues In Person or Via Webinar

December 19, 2018

SDSU Extension will hold Farm Economic Dialogues November 14,2018, from 9 a.m. to noon (CST) at the SDSU Extension Regional Center in Sioux Falls (2001 E. Eighth St.). The dialogues will also be live streamed for South Dakotans interested in participating via webinar.

Economics, Markets/Prices

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SDSU Extension Helps Explain Recently Announced USDA Trade Assistance

December 19, 2018

The U.S. Department of Agriculture (USDA) has announced the details of assistance to farmers due to increased trade tariffs.

Economics, Markets/Prices

A combine harvesting soybeans at sunset.

Trade Impacts on Soybeans

Agricultural trade agreements were first established in the General Agreement on Tariffs and Trade (GATT), legal treaty signed initially by 23 nations in 1947. The purpose was to promote international trade by reducing barriers such as tariffs.

A red tractor and seed drill planting in a no-till field.

Project to Study Soil Health Economics in South Dakota

Soil degradation has become one of the most pressing global issues, because of its adverse effects on world food security, environment and quality of life.

A family farm with the sun setting in the background.

USDA-ARMS Survey Data: Benefits for university agriculture research & outreach

Conducted since the mid-1990s, the USDA Agricultural Management Resource Survey (ARMS) is a multi-phase, multi-level nationwide survey of agricultural producers that collects information on a large sample of farms and their characteristics.

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Importance of Keeping Records for Filing Taxes

February 04, 2019

While most citizens must file taxes by April 16, 2018, farmers' and ranchers' taxes must be filed by March 1, 2018. Due to the filing deadline many producers are beginning the process of gathering their important paperwork.