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News

Let’s Talk About MN Agriculture!

April 26, 2019

We often take Minnesota’s agriculture industry for granted. According to the US Bureau of Census, agriculture is Minnesota’s #1 exporting industry. Agriculture and agricultural products account for roughly 1 in 3 of the state’s export dollars. This makes Minnesota the 4th largest exporting state in the US, after California, Illinois and Iowa. A strong ag culture bodes well for you as a landowner in Minnesota!

MN Ag Stats:

  • 25,900,000 acres in agricultural production
  • 73,600 farm operations in Minnesota
  • Average number of acres per operation: 352 acres
  • 53% of operators’ primary occupation is farming
  • 47% of operators’ primary occupation is “other – a mix of on- and off-farm income”
  • MN ag land covers a variety of crops from corn and soybeans to edible beans; hog, dairy and poultry operations; elevators, timber, orchards and vineyards, oats; sunflowers; barley; alfalfa; steers and the list continues on with cheese production; honey production, etc.

So, how does Minnesota’s ag industry compare against other states?

Crop Cash Receipts Rankings:                                  Livestock Cash Receipts Rankings:

#1        Sugar beets                                                      #1        Turkeys

#1        Green peas                                                      #2        Hogs

#2        Wild rice                                                         #3        Meat Animals

#3        Dry beans                                                        #6        Cheese

#3        Oats                                                                 #8        Milk

#4        Corn

#4        Soybeans

#5        Rye

#6        Canola

MN ranks 5th (around $10 billion) in marketing (sales) values vs other states in crop marketing, ranks 8th (around $8.8 billion) in total livestock marketing, and 5th (around $18.8 billion) in total agriculture marketing.

Minnesota’s food manufacturing and animal slaughtering & processing industries support nearly 64,000 hourly and salaried jobs.

Your livelihood (and ours) depends on a strong Minnesota ag economy. Thank you for being a landowner or connected with the land. We at National Land Realty certainly enjoy our ties to the land and look forward to assisting with all your land real estate, auction, appraisal, consulting, and 1031 exchange goals.

About the Author
Terri knows Minnesota land! - agricultural land, hunting/rec tracts, development land, land-in-transition, lakeshore and commercial land. Terri is your Minnesota land resource: listing/sales, auction, appraisal, 1031 exchange, consulting… Of 18,000+ REALTORS® in Minnesota, Terri is one of only 14 to have earned the ALC designation (Accredited Land Consultant). This designation, through REALTORS® Land Institute, requires rigorous experience, education, and expertise in the areas of real estate, auction, appraisal, 1031 exchange. Concern for her client’s needs through ethical and professional service is Terri’s objective. Her goal is to help you solve your land real estate situation or need. Call, text or email Terri to assist with your land situation or needs! Licensed: Broker/REALTOR® Minnesota & Nebraska; Auctioneer & Appraiser in Minnesota. View Terri's Listings and Reviews on NationalLand.com