This report summarizes the individual farm records of the members of the Southwestern Minnesota Farm Business Management Association for 2011. Whole-farm information and enterprise costs and returns are reported. The year-end analysis of the individual farms was performed by the Association...

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.

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.

The average net farm income was $116,688 for the 45 farms included in the 2005 annual report of the Southeastern Minnesota Farm Business Management Association. This was an increase of 3% from 2004. In constant dollars, 2005 was slightly less profitable than 2004, but was still the second most...

The average net farm income was $171,925 for the 38 farms included in the 2006 annual report of the Southeastern Minnesota Farm Business Management Association, an increase of 43% from 2005. In constant dollars, 2006 was the most profitable year for association members in the last twenty years...

Average net farm income was $190,901 in 2008 for the 99 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings decreased by 21% from the average of $242,267 in 2007 (Figure 1). 2008 ended a steady trend of increasing year-to-year...

Average net farm income was $147,862 in 2005 for the 107 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 50% increase over the average income of $98,362 in 2004. In constant dollars, 2005 was the most profitable year for...