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Minnesota is a leading agricultural state in the U.S. and produces a wide variety of commodities from cash crops to Livestock and Poultry. In fact, as of 2018 Minnesota ranks number 4 for total agricultural exports in the United States. Just over 50% of Minnesota’s total land area is made up of farmland, amounting to a total of 25,516,982 acres. Corn and Soybeans make up more than 45% of the state's agricultural sales, but Hogs, Dairy products, and Cattle also make up a large portion of sales. Minnesota farmers also commonly produce Sugar Beets (35% of U.S. output), Wheat, Turkeys, along with many others.

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Farmland Returns

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minnesota Farmland Returns

Over the last 20 years, minnesota farmland has offered average returns of 11.6%. At this rate, $10,000 invested in farmland in 1999 would now be worth over $126,400. Farmland returns are made up of two values, land appreciation, and capitalization rates of the property. Total farmland returns have been positive every year since 1990.

11.6%

Average Annual Returns

Cumulative Returns of Farmland

Source: NCREIF

Created with Highcharts 7.2.01998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$0$25000$50000$75000$100000$125000Highcharts.com

11.6%

Standard Deviation of Returns

Year Over Year Change (%)

Source: NCREIF

Created with Highcharts 7.2.01998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-12 %0 %12 %24 %36 %48 %Highcharts.com

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