In the Southeastern Association the average net farm income in 1997 was $73,311 for the 64 farms included in this report. This was an increase of 8.5% from 1996. The increase is due to replenishment of inventories which had been depleted in 1996. Total cash farm expenses increased 7%. The 1997...

Inter-firm differences in economic efficiency are major factors explaining differences in firm survival and growth and changes in industry structure. Thus, factors explaining differences in efficiency are of major interest to many involved in or affected by the industry. This study was...

These papers describe the current economic conditions and outline some of the opportunities facing Minnesota farmers as they complete 1998 and develop plans for 1999. The first paper, Prospects For Farm Income in 1998, describes the variation in net farm income farmers in the Southeastern and...