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Red River Valley Reports For 1999

 

                                             TABLE - 11                                   
                            OPERATOR INFORMATION & NONFARM SUMMARY, 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
          OPERATOR INFORMATION
            Average number of operators                       1.2          1.1          1.5
            Average age of operators                         42.9         42.5         44.2
            Average number of years farming                  20.0         19.8         22.9
          NONFARM INCOME
            Nonfarm wages & salary                          10033        14530         3828
            Nonfarm business income                          2013         6727         -732
            Nonfarm rental income                             655         1008         -114
            Nonfarm interest income                           347          128          525
            Nonfarm cash dividends                            793           62            2
            Tax refunds                                       672          627         1157
            Gifts and inheritances                           3785          576         4714
            Other nonfarm income                             1771          586         2351
          Total nonfarm income                              20068        24245        

 


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