Content by Matthew Elliott

Screenshot of the SDSU Extension Net Income Tool displaying Corn Expected Net Income Per Acre for East Central South Dakota.

South Dakota Grain Net Income Tool

South Dakota producers can use the SDSU Extension Net Income Tool to monitor their expected net income per acre given their location, commodity of interest, and changes to market prices. The tool gathers the most-recent end-of-day market prices to determine the latest expected net income for wheat, corn, and soybeans in the different regions of the state. 

water near a corn field

Ag Land Assessment

The Ag Land Highest and Best Use (HBU) study was funded by a special appropriation in the 2016 Legislative Session (HB1007).

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.

a graphic image of South Dakota with multiple colors

Grain Merchant and Processor Consolidation, Concentration, and Competition

A general trend in the last century has been for greater consolidation among Grain Merchants and Oilseed Millers and Processors. The U.S. Census Bureau tracks the number of firms and/or establishments and value of sales (market size) by industry sector every 5 years as a part of the Economic Census. In addition to the number of firms and sales, the Census Bureau publishes concentration ratios for each sector. One concentration ratio they publish is the amount of sales attributed to the four largest firms in that sector. The percentage of sales of the 4 largest firms is a measure that aids in identifying the type of market structure that exists.

A group of young workers sitting at a table putting their hands together.

Engineering Cooperatives in the 21st Century: Education, Research, and Outreach

The Cooperative structure represents a unique organization type that is governed/owned by the users of the services and products. South Dakota has many types of Cooperatives, some organizations are not readily recognized as Cooperatives however, like mutual insurance, credit unions, etc. More commonly, Cooperatives are associated with Farmer Cooperatives that are prevalent in South Dakota.