Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W. - Department of Applied Economics, College of … - 1999
The average net farm income is $65,739 for the 60 farms included in the 1998 annual report of the Southeastern Minnesota Farm Business Management Association. This is a decrease of 12% from 1997. Even though gross cash farm income increased, cash expenses also increased and inventory values...