North Dakota has 30,300 family farms and ranches. The average North Dakota farm is 1,300 acres.
The state's commercial banks are the #1 ag lender in the state with 2.6 billion in loans.
North Dakota farmland covers 12 million city blocks.
Agriculture accounts for approximately 22 percent of the loan portfolios of North Dakota banks.
North Dakota production agriculture is a $4.7 billion industry.
When ag loans are obtained from commercial banks, money is returned to the state and counties through bank privilege taxes. These dollars support schools, help construct and maintain roads, develop recreational areas, and build communities.
Production agriculture is the largest sector of North Dakota’s economy, making up 25 percent of the economic base.
QUICK FACTS
North Dakota farmers and ranchers annually produce:
- Enough wheat for 13.5 billion loaves of bread.
- Soybeans to make 251 billion crayons.
- Potatoes for 192 million servings of french fries.
- Durum for 6.3 billion servings of spaghetti.
- Sunflowers to fill over 2.2 billion bags of sunflower seeds.
- Beef for 113 million hamburgers.
- Wool for 513,000 sweaters.
- Enough milk for 1 billion glasses.
- Pork for 57 million pork chops.
- Corn to produce 418 million gallons of ethanol.
- Canola to fill the ND State Capitol tower more than 17 times.
North Dakota Ranks First in the Nation
in the
Production of the Following Commodities: |
| 2006 |
Percent of U.S. |
| Flaxseed |
94% |
| Canola |
92% |
| Dry Edible Peas |
71% |
| Durum Wheat |
59% |
| Pinto Beans |
52% |
| Spring Wheat |
46% |
| All Sunflower |
52% |
| Oil Sunflower |
52% |
| Non-Oil Sunflower |
51% |
| Barley |
27% |
| Lentils |
37% |
| All Dry Edible Beans |
32% |
| Honey |
17% |
| Navy Beans |
36% |
North Dakota Ranks in the Top Ten in the Nation in the Production of the Following Commodities:
| Second |
Fourth |
Seventh |
Ninth |
| Sugarbeets |
Potatoes |
Oats |
Soybeans |
| All Wheat |
|
|
Source: North Dakota Agricultural Statistics Service (701-239-5306)
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