|
q, I I
<br /> What was the average annual pay for Minnesota How many women are farm operators?
<br /> employees working in financial, insurance and real •
<br /> estate industries in 1992? About 4 percent of all Minnesota farms are operated by
<br /> Security and commodity brokers earned on average women.
<br /> more than $70,000,while real estate agents earned less Women Men
<br /> than$19,000.
<br /> Full owners 2,186 36,115
<br /> Security and commodity brokers,dealers,exchanges and Part owners 563 27,801
<br /> services employees $70,747 Tenants 182 8,232
<br /> Holding and other investment offices employees 53,884
<br /> Insurance carrier employees 35,528
<br /> Insurance agents,brokers and services employees 29,542
<br /> Depository institutions employees 27,097 What rankings are available for Minnesota's farming
<br /> Real estate agents $18,291 activities?
<br /> Minnesota ranks at the top in the production of sugar
<br /> beets for sugar and acres planted of green peas(exclud-
<br /> ing green cowpeas).
<br /> How many farms in Minnesota earned more than Minnesota's National Rank
<br /> $100,000 per year in 1992? Farms with sales of$100,000 or more 3
<br /> More than 44 percent of all farms earned under$25,000, Harvested land 5
<br /> and almost 75 percent earned less than $100,000 in Total cropland 7
<br /> 1992. Only about 25 percent of the 75,079 farms in Min- Number of farms 7
<br /> nesota earned more than $100,000, and only about 2
<br /> percent of all farms earned$500,000 or more. Turkeys sold 2
<br /> Value of hogs and pigs sold 4
<br /> Value of Sales Number of Farms Value of dairy products sold 5
<br /> Less than$2,500 9,725 Milk cow inventory 5
<br /> $2,500 to$4,999 5,387 Value of poultry and poultry products sold 8
<br /> $5,000 to$9,999 7,028
<br /> $10,000 to$24,999 11,187 Green peas(excluding green cowpeas) (acres) 1
<br /> $25,000 to$49,999 10,168 Sugar beets for sugar(tons) 1
<br /> $50,000 to$99,999 12,482 Sweet com(acres) 2
<br /> $100,000 to$499,999 17,774 Oats for grain(bushels) 3
<br /> $500,000 or more 1,328 Soybeans for beans (bushels) 4
<br /> Is the average age of a Minnesota farm operator
<br /> increasing? Are most of Minnesota farms owned by corporations?
<br /> The average age of Minnesota farm operators has not Only 3 percent of Minnesota farms are owned by corpo-
<br /> changed in almost 20 years.The average age of farmers rations. Nine percent of all state farms are owned by
<br /> is still almost 50 years old. partnerships,and almost 88 percent are owned by an in-
<br /> dividual farmer.
<br /> Year Average Age
<br /> 1974 49.8 Type of Ownership Number of Farms
<br /> 1978 47.7 Sole proprietorship 66,068
<br /> 1982 47.2 Partnership 6,800
<br /> 1987 48.5 Corporation 1,982
<br /> 1992 49.6 Cooperative,estate,trust,institutional,and others 229
<br /> •
<br /> 6 Minnesota Planning November 1996
<br />
|