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Red River Valley Reports For 1999

 

                                              TABLE - 1                                   
                                     FARM INCOME STATEMENT, 1999                          
                       Minnesota and North Dakota Farm Business Mgmt Education            
                                          Red River Valley                                
                                  (Farms sorted by Net Farm Income)                       
                                                     Average Of   Average Of   Average Of
                                                      All Farms     Low 20%     High 20% 
                                                     
          Number of Farms                                   211           42           42
          CASH FARM INCOME
            Barley                                         5849         2916        11090
            Malting Barley                                  400          391         1618
            Black Turtle Beans                              493           -          2208
            Navy Beans                                     3501         2946         4970
            Pinto Beans                                    4355          169         9175
            Small Red Beans                                 156           -           786
            Canola                                         1724         1235         3462
            Corn                                          22134        10698        40546
            Flax                                            218           66          851
            Alfalfa Hay                                     897          688         1348
            Oats                                            104            9           - 
            Potatoes                                       5977         3296        19814
            Seed Potatoes                                  1574           -          6939
            Soybeans                                      69853        49485       115162
            Straw                                          1226          133         5612
            Sugar Beets                                  118744        54756       214969
            Sunflowers                                     3702         3243         7596
            Confectionary Sunflowers                       1256          491         3593
            Durum Wheat                                     267           -          1146
            Spring Wheat                                  72296        54056       118954
            Winter Wheat                                    395           81           - 
            Other crops                                     645            5          411
            Beef Calves                                     266           -          1334
            Background Beef                                 236           -            - 
            Finish Beef Calves                             1273           68          316
            Finish Yrlg Steers                              414           -            - 
            Raised Hogs                                    2011           -         10103
            Finish Feeder Pigs                               61           -            - 
            Weaning to Finish                               273           -            - 
            Cull breeding livestock                         218           -          1094
            Misc. livestock income                          487          156         1197
            CRP payments                                    768          277         2166
            Government payments                           91375        62291       152716
            Custom work income                             6675         1718         6919
            Patronage dividends, cash                      4894         1886         7854
            Insurance income                              29074        17587        52453
            Cash from hedging accts                         383           38          943
            Other farm income                             13768         5575        17420
          Gross Cash Farm Income                         467944       274260       824767

 


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