Average net farm income was $69,787 in 2009 for the 95 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings decreased by 63% from $190,901 in 2008. This continues the downward trend that began in 2008 after six years of steady...

This paper explores the issue of how much debt could have successfully been serviced by various farm types during a recent period characterized by large income fluctuation (the 10 years studied include the high returns years 1972-73 and the generally low returns years 1966-70).

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.