Farmers Struggling Financially Despite Record Crop YieldsDespite having record numbers in crops, farm income continued to decline last year and reached its lowest point in inflation-adjusted dollars in 20 years.
Minnesota Farm Income Dropped 78 Percent In 2013Lower corn prices fueled a dramatic 78 percent drop in Minnesota farm income last year, according to an annual report released Thursday by the Minnesota State Colleges and Universities system and University of Minnesota Extension.

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