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Reporter Photo courtesy of Carolyn Olson Although the COVID-19 pandemic brought a lot of uncertainty to parts of the ag industry last year, growing conditions were positive for southwest Minnesota farmers in 2020. Carolyn Olson said her family’s farm had a good crop at harvest time. A report released this week said factors like rising commodity prices and yields helped contribute to a profitable year for Minnesota farms. MARSHALL  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 new report says. 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.

United statesLincoln countyUniversity of minnesotaLake bentonPauline van nurdenKevin paapVan nurdenCarolyn olsonTim jerzakUniversity of minnesota extensionMinnesota farm bureauAssociated pressSoybean growers associationMinnesota state agricultural centers of excellenceMinnesota extensionMinnesota state agricultural centers