A survey of one program's Red River Valley farm clients’ 2016 financial results provided some interesting points, but that data will likely be quite different in 2017.The North Dakota and Minnesota Farm Business Management Education program recently released a summary of its Red River Valley farm clients’ 2016 financial results, which included specific data from 240 farms. Following are a few of the report’s interesting points: Crop acres owned by the operators averaged 23 percent of the total acreage farmed, which was the same for both the bottom and top 20 percent of survey participants. This points out the higher percentage of farmland, approximately 80 percent across the northern Plains, that is owned by absentee landowners. Average...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Farm Inputs