MINNEAPOLIS (AP) — New federal data show the number of farms in Minnesota fell 8 percent from 2007 to 2012, while the market value of agricultural products the state’s farmers sold increased by 61 percent over the same five-year period.

Final results from the 2012 Census of Agriculture released Friday also show the amount of land in farms across Minnesota totaled 26 million acres, down 3 percent.

READ MORE: Minnesota Weather: Dangerous Wind Chills Return Wednesday

The U.S. Department of Agriculture data puts the number of farms in Minnesota at 74,542 in 2012. While the number with harvested cropland held relatively steady, lower counts for livestock operations and other types of land contributed to the overall decline.

READ MORE: Towns' 3-Point Play Helps Wolves Edge Knicks 112-110

Statistician Dan Lofthus says the census provides a snapshot in time, and the changes don’t necessarily represent trends that will continue into the future.

MORE NEWS: Media Groups Protest Restrictions For Federal Trial Of Ex-Officers Charged In George Floyd's Death

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)