Farm income takes a big hit
Net farm income plummeted in Minnesota last year, after banner profits in 2012.
A steep fall in corn prices was largely to blame, according to a joint analysis conducted by Minnesota State Colleges and Universities and University of Minnesota Extension.
Overall, net farm income was $41,899 for the median farm. That compares to $189,679 in 2012, a 78 percent decrease.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.