A statewide report from financial analysts notes worrying signs for 2023, however.
Minnesota row-crop farmers' profits rose last year to the highest level in a decade as global disruptions to agricultural goods sent commodity prices soaring.
In 2022, the median profit for Minnesota farms increased 9% to $179,728 — the second-most profitable year on record, according to a statewide analysis released this week by Minnesota State and University of Minnesota Extension.
