farm income

  • Local farm income rises considerably in 2020 after seven years of poor income levels
    By Kent Thiesse, Farm Management Analyst
    May 11, 2021
    The University of Minnesota recently reported that the median net farm income for southern and western Minnesota farmers in 2020 was $102,848. It’s the highest since 2012, which was followed by seven years (2013-2019) of poor income levels in the region. The 2020 net farm income levels in that region were enhanced by robust crop profits that resulted from above-average crop yields, improved grain…
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