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Welcome to FINBIN
Welcome to FINBIN, one of the largest and most accessible sources of farm financial and production benchmark information in the world. FINBIN places detailed reports on whole farm, crop, and livestock financials at your fingertips.


With just a few clicks of the mouse, you can see reports such as:
  • Cost and returns from Roundup Ready soybeans
  • Dairy cost and returns by size or location of herd
  • Farm financial standards measures by type or size of farm

    • The possibilities are endless. Select Whole Farm Reports, Crop Reports, or Livestock Reports to create your own custom report.
    2007 Year in Review: Report on Minnesota Farm Finances

    —April 25, 2008

    The FINBIN 2007 Year in Review provides an overview of the historical performance of Minnesota farms. This document, which includes many charts and graphs for visual analysis, is now available online.

    Click here to view the FINBIN 2007 Year in Review

    Click here to view the Featured Report Archives
    2007 Minnesota farm data now in FINBIN
    Median net farm income was $105, 431 for the 2574 Minnesota farms contributed by the Minnesota Farm Business Management (FBM) program and the Southwest Minnesota Farm Business Management Association for 2007. Average income increased to $155,966, compared to $96,432 in 2006. Crop farms had a very good year in 2007, with an average rate of return on investment of 17%. Dairy farms, on average, also had a very profitable year, in spite of increased feed costs, but hog and beef farm incomes were substantially reduced. While incomes increased, expenses also continued to climb. On and accrual basis, expenses increased by 15% in 2007 for this group of farms.
    Craven Discusses FINBIN at ABA in Milwaukee

    Robert Craven, Director of the Center for Farm Financial Management, discussed Customer Profitability with Benchmarking at the 2007 ABA National Agriculture Bankers Conference.

    The audience in Milwaukee learned about the benefits that FINBIN provides, giving bankers a better gauge of their customer as well as customer relations.

    Follow the link below to view the presentation.

    Click here to see Robert Craven´s FINBIN Presentation
    Featured Report: Organic Livestock Summary Report

    —September 26, 2007

    Did you know that FINBIN has organic data available for reporting?

    Since 2005, FINBIN has been collection data on organic enterprises. FINBIN has data on over 70 organic farms in Minnesota, alone!

    Follow the link below to view the 2006 Minnesota Organic Dairy Summary Report.

    Click here to view the Featured Report on Organic Dairies in Minnesota
    Improve your farm management
    As powerful as FINBIN is, you can enhance its value to you as a producer by joining a farm management association or education program. These programs provide individual farm management assistance to producers and have proven their worth to the thousands of producers who participate in these programs.
    Center for Farm Financial Management