The average net farm income is $65,739 for the 60 farms included in the 1998 annual report of the Southeastern Minnesota Farm Business Management Association. This is a decrease of 12% from 1997. Even though gross cash farm income increased, cash expenses also increased and inventory values...

The average net farm income is $66,412 for the 62 farms included in the 1999 annual report of the Southeastern Minnesota Farm Business Management Association. This is an increase of 1% from 1998. Even though gross cash farm income increased, cash expenses and depreciation also increased and...

In the Southeastern Association the average accrual net farm income in 1996 was $67,579 for the 61 farms included in this report. The decrease is due to lower inventory levels since the increase in gross cash income was higher than the increase in total cash farm expenses. Even though this is a...

The average net farm income was $113,462 for the 46 farms included in the 2004 annual report of the Southeastern Minnesota Farm Business Management Association. This was an increase of 32% from 2003. In constant dollars, 2004 was the most profitable year for association members in over twenty...