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      Breaking News
BREAKING: Names of finalists for Watertown City Manager announced
Agriculture
Local News

Minnesota farmers enjoy notable profits in 2020

March 31, 2021

MINNEAPOLIS (AP) — Rising commodity prices, good weather and two rounds of government aid in 2020 led Minnesota farmers to their most profitable year in nearly a decade.

A report from the University of Minnesota Extension and the Minnesota State Agricultural Centers of Excellence pegs median farm net income at nearly $107,000 last year following seven years of low profitability.

By contrast, from 2013 to 2019, the state’s median annual farm profit hovered between about $27,000 and $42,700.

Government support played a key role in farm profits last year, accounting for 12% of gross farm income for the average producer.

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  • LISTEN LIVE
    • Podcasts
    • AUDIO: 950 AM KWAT
    • AUDIO: Watertown Arrow Athletics on KWAT
    • AUDIO: 96.9 KDLO
    • AUDIO: 96.9 KDLO Farmer’s Market
    • AUDIO: KIXX 96
    • AUDIO: New Country KS93
    • AUDIO: Watertown Arrow Athletics on New Country KS93
    • AUDIO: KS93 Game Of The Week
    • AUDIO: 104.3 KKSD
  • NEWS
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    • National News
    • World News
    • What’s Up?
    • Entertainment News
    • South Dakota Road Report
    • Minnesota Road Report
    • North Dakota Road Report
    • Contact Us!
  • Local Sports
    • Sports On Demand Podcast
    • Local Sports Headlines
    • Broadcast Schedule
    • National Sports
    • Vote for the KS93 & Taco John’s Athletes of the Week
    • VIDEO: Watertown Arrow Athletics One
    • VIDEO: Watertown Arrow Athletics Two
    • AUDIO: Watertown Arrow Athletics on 950 KWAT
    • AUDIO: New Country KS93 Game of the Week
    • VIDEO: Watertown Laker Hockey
    • VIDEO: Watertown Post 17 Baseball
    • Contact Us!
  • Community
    • Submit Birthdays and Anniversaries
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    • Submit your Community Calendar event to Watertown Radio
    • Obituaries
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    • South Dakota Road Report
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    • North Dakota Road Report
    • What’s Up?
    • KDLO Farmer’s Market
    • Listen to past Farmer’s Market shows
    • Legal Advice Without The Price
    • Contact Us!
  • CANCELLATIONS
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    • Closings Account Sign In
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    • Contact Us!
  • OUTDOORS
    • KWAT Fishing Report
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    • On The Water And In The Air On KSDR
    • Game Fish And Parks Weekend Radio Program on KWAT
    • Game Fish And Parks Outdoor Report
    • Outdoor News and Events
    • Glacial Lakes Walleye League
    • SD Sportsmen Against Hunger
    • Contact
  • Spring Cash Contest (ENTER WORDS HERE)
  • RADIO AUCTION
  • KDLO FARMERS MARKET
    • KDLO Farmer’s Market Archive
    • Submit Your Item
    • Listen Live to the show 10-11AM Weekdays
    • Contact Us!
  • Agriculture
    • Local Agriculture News
    • Brownfield Ag Markets
    • Brownfield Agriculture News
    • Colonel Jon Phillips Price Discovery Report
    • Listen to Ag Hour with Chuck Langner weekdays at 11AM
  • Submit Birthdays and Anniversaries
  • Contact