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Tribune News Service
Tribune News Service
Business
Brooks Johnson

For the second year, Minnesota farmers saw profitability improve in 2021

Minnesota

Minnesota farmers overcame drought and supply-chain snags to bring in near-record profits in 2021.

The median farm profit in Minnesota last year was about $166,000, according to a report released Tuesday by the University of Minnesota Extension and the Minnesota State Agricultural Centers of Excellence.

Adjusted for inflation, it was the second-highest average net income on record.

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