Strength in Numbers: Be Part of the Data

Apr 29, 2025 | Farm Business, Farm Business Planning, Management

By: Morgan Stutrud

Originally published by Farm & Ranch Guide at agupdate.com

Every growing season in North Dakota brings its own challenges—shifting markets, rising input costs, unpredictable weather, and the pressure to make the right call at the right time. In the face of all this uncertainty, the most powerful tool a farmer can have is reliable data. Not just spreadsheets or sales figures, but real, boots-on-the-ground financial and production data from fellow farmers working the same soil. That’s exactly what the North Dakota Farm Management Program provides.

Through years of working directly with producers across the state, this program collects and analyzes the kind of information that makes a real difference—what it costs to grow a bushel of corn in central North Dakota, how machinery costs vary by farm size, or how much profit different operations are making per acre. And because it’s built on real numbers from real farms, the insights are grounded, trustworthy, and relevant.

One of the biggest benefits to participating in the program is the ability to benchmark your operation against similar farms. With a personalized report, producers can see how their cost of production, returns, and overall financial performance stack up against others in their area or sector. It’s a powerful way to spot areas for improvement, recognize strengths, and make more confident decisions for the future. Maybe you’re spending more on fertilizer than other operations of your size—or maybe your crop marketing strategy is paying off better than you realized. Either way, the data brings it to light.

This information doesn’t just stay on the farm. Aggregated and anonymized, the data contributes to broader farm management reports that help guide research, education, and policy across the state. Lenders, educators, Extension agents, and legislators all rely on this database to understand what’s happening on the ground. When a farmer participates, they’re not only helping themselves—they’re shaping the future of agriculture in North Dakota.

Privacy is a common concern, and rightly so. The North Dakota Farm Management Program takes confidentiality seriously. Individual data is never made public, and participants work closely with trained instructors who ensure that records are accurate, complete, and secure. The relationship is professional, respectful, and focused on helping farmers get the most out of their numbers.

Joining the program isn’t about making more paperwork. It’s about getting more value from the work you’re already doing. The data you collect on your operation—yields, input costs, revenue, equipment expenses—can offer real insight when organized, analyzed, and compared. That insight becomes the basis for smarter decisions and stronger operations.

In a time when agriculture is changing fast and margins can be tight, knowledge is power. The more farms that contribute their data, the more powerful the system becomes—not just for individual producers, but for the entire North Dakota Ag community.

Join the network of North Dakota farmers and become a part of the data that drives better decisions. By contributing your farm’s information to the North Dakota Farm Management Program, you’re investing in your own success and strengthening the foundation of agriculture across the state. When farmers share knowledge, everyone grows.

Stutrud is a North Dakota Farm Management Education Program instructor at Dakota College at Bottineau and writes from Rugby. The program provides learning in economic and financial management for those in agriculture. Visit ndfarmmanagement.com, or contact Darin Spelhaug, state supervisor for ag education, at dspelhaug@nd.gov or 701-328-3162 for more information.

Original Article: https://agupdate.com/farmandranchguide/news/state-and-regional/article_361358c9-f1e5-4561-88e6-3c07f9b599ea.html

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