NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Wed Apr 17, 2013 05:27 PM CDT

Affluenza struck most grain farms again in 2012, catapulting the average 883-acre Southwest Minnesota farmer to about $375,000 income levels for the first time in history, up 38% above 2011's record, according to a new report from the SW Minnesota Farm Business Management Association. Minnesotans largely sidestepped the drought last season, besting their 10-year yield history. They were able to capture an average of $6.27/bu. on their entire corn crop and $13.07 on soybeans, so crop insurance played little role in padding these returns. But these are only averages. The top 20% earned net farm incomes of about $895,000 last ...

Quick View
  • Dr. Dan Talks Agronomy DTN Contributing Agronomist Dan Davidson gives his take on the Six Secrets of Soybean Success pro...
  • Mountain Top Prices North Carolina's mountain cattle producers have always been an independent bunch. But a new allia...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Saving Our Forgotten Harvest About 40% of America's food goes uneaten each year. This nonprofit is working to remedy that prob...
  • Look Beyond Yield Soybean industry increases efforts to promote the importance of oil and protein content to farmer...
  • Ask the Vet Is this fly-control mineral block safe for my whole herd?
Related News Stories
Ag Interest Rate Snapshot
Senior Partners - 4
Batten Down the Hatches
DuPont Trims Outlook on Ag Weakness
Woodbury: Farm Family Business
Hearing on Railroad Revenue Adequacy
Grain Shipper Files for Bankruptcy
Syngenta Rejects Monsanto Again