Average net farm income was $154,698 in 2006 for the 110 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 5% increase over the average income of $147,862 in 2005. In constant dollars, 2006 was slightly more profitable than the...

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...

The average net farm income was $60,978 for the 59 farms included in the 2001 annual report of the Southeastern Minnesota Farm Business Management Association. This was a decrease of 21% from 2000 (Figure 1). Even though gross cash farm income increased more than cash expenses, the decrease in...

The average net farm income was $64,666 for the 54 farms included in the 2002 annual report of the Southeastern Minnesota Farm Business Management Association. This was an increase of 6% from 2001. While gross cash farm income increased by 10%, total cash operating expenses increased...

The average net farm income is $77,672 for the 58 farms included in the 2000 annual report of the Southeastern Minnesota Farm Business Management Association. This is an increase of 17% from 1999. The median or middle income was $39,675, considerably lower than the average. Even though gross...