In 2008, Minnesota exported about $15.8 Billion in agricultural commodities (4.9% of all US agricultural exports). Farm-related net income for the state (about 81,000 farms) in 2008 was about $5.8 Billion, generated by gross income of about $18.2 Billion.
NOTE: The $18.2 Billion in gross income represents direct income to farms. The $15.8 Billion in exports includes farm income plus all value-added income.
Chat with our AI personalities