Minnesota farms saw continued financial improvement in 2021, despite the drought conditions that affected much of the state during the production year. Crop yields were near trendline even with the difficult growing conditions. With strong prices throughout the year...
The farm financial landscape is now seeing much-needed improvement as the past few years have provided producers with some challenges, but also many opportunities. As a part of our annual conference, the FINPACK Team gives a lay of the farm financial landscape...
Minnesota farms saw improved profitability in 2020, despite the challenges created by COVID-19. Increased profitability for all major farm types in Minnesota are attributed to: Favorable growing conditions Increased commodity prices Government payments These improved...
Minnesota farms saw improved profitability in 2020, despite the challenges COVID-19 created. Much of this increased profitability is related to improved commodity prices in the third and fourth quarters of 2020. Median net farm income for Minnesota farms reached...
In our previous post, we discussed some of the financial highlights for Minnesota farms in 2019. In this post, we want to highlight our more detailed report. The 2019 FINBIN Report on MN Farm Finances graphically shows how Minnesota farms performed in...
