Norman L. Dalsted

Dr. Norman L. Dalsted is professor and extension farm/ranch management economist in the Department of Agricultural and Resource Economics at Colorado State University in Fort Collins, Colo. Priorto joining the department in 1981, worked as a research associate and instructor for six years in the Department of Agricultural Economics at North Dakota State University. Prior to his career in academia,Dr. Dalsted was a platoon leader in the 5th Mechanized Infantry Division in Vietnam from 1969-1970.In his current position, his research efforts have been focused in the areas of crop and livestock costs and returns, financial management and strategic business planning. Earlier in his career, he developed models related to coal energy and water consumption in the northern high plains associated with coal gasification. Currently, his research programs address the costs and returns of crops grown in Colorado.Dr. Dalsted has worked with more than 1,500 individual farmers and ranchers and their families over the past 35 years. In many situations, he worked with individual families involved in acquiring operating funds, financial workouts, restricting debt, and/or assisting them with reorganization plans under either chapter 11 or chapter 12 bankruptcies. He also worked with another 200 or more families in address-ing estate planning for their family operation typically involving two or more generations in the family.In addition, he served as a mediation officer to resolve disagreements between tenants and landlords, between lenders and borrowers, and between government agencies and farmers or ranchers. Dr. Dalsted received his Bachelor’s degree in 1968 and his Master’s in 1972 both in agricultural economics fromNorth Dakota State University, and his Ph.D. in economics in 1981 from Colorado State University.