Average net farm income was $96,404 in 2003 for the 175 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 38% increase over the average income of $70,007 in 2002. In constant dollars, 2003 was the most profitable year for...

The tables in this publication contain estimates of farm machinery operations function costs for 1998. The estimates use an economic engineering approach.

The tables in this publication contain estimates of farm machinery operations function costs for 1997. The estimates use an economic engineering approach. The data represents an average farming industry cost for specified machines and operations.

Average net farm income was $322,165 in 2010 for the 97 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings increased by 362% from $69,787 in 2009 (Figure 1). Inflations adjusted profits rebounded after a downturn in 2009 that...

The tables in this publication contain estimates of farm machinery operation costs for 1999. The estimates use an economic engineering approach. The data represent a representative farming industry cost for specified machines and operations.

The tables in this publication estimate farm machinery operations function costs for 1996. The estimates use an economic engineering approach. The data represents an average farming industry cost for specified machines and operations.

Average net farm income rebounded to $70,007 in 2002 for the 188 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a sharp increase (91%) from the average net farm income of $36,614 in 2001. As in previous years, the actual profit...

Average net farm income was $98,362 in 2004 for the 125 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 2% increase over the average income of $96,404 in 2003. In constant dollars, 2004 was the third most profitable year for...