Table 67. Summary by Legal Status For Tax Purposes: 2012 (continued) 
[For meaning of abbreviations and symbols, see introductory text.] 
Item 
Total 
Family or 
individual 
Partnership 
Total 
Registered 
under 
state law 
FARM PRODUCTION EXPENSES - Con. 
Total farm production expenses 1 - Con. 
Rent and lease expenses for machinery, 
equipment, and farm share of vehicles 
farms 
7,490 
6,018 
770 
636 
$1,000 
127,745 
70,084 
36,536 
34,022 
Farms with expenses of- 
$1 to $999 
2,194 
1,928 
140 
109 
$1,000 to $4,999 
2,208 
1,855 
187 
151 
$5,000 to $24,999 
2,034 
1,585 
233 
189 
$25,000 to $49,999 
552 
392 
75 
64 
$50,000 or more 
502 
258 
135 
123 
Interest expense 
farms 
37,420 
32,298 
2,722 
2,076 
$1,000 
655,486 
482,020 
100,876 
86,732 
Farms with expenses of- 
$1 to $4,999 
14,915 
13,407 
784 
542 
$5,000 to $24,999 
16,075 
14,108 
1,023 
780 
$25,000 to $99,999 
5,542 
4,248 
701 
564 
$100,000 or more 
888 
535 
214 
190 
Secured by real estate 
farms 
28,875 
25,206 
2,038 
1,552 
$1,000 
438,508 
331,287 
63,361 
53,862 
Farms with expenses of- 
$1 to $999 
2,600 
2,343 
130 
106 
$1,000 to $4,999 
8,715 
7,887 
456 
312 
$5,000 to $24,999 
13,442 
11,869 
866 
650 
$25,000 to $49,999 
2,617 
2,086 
294 
238 
$50,000 or more 
1,501 
1,021 
292 
246 
Not secured by real estate 
farms 
23,479 
20,011 
1,812 
1,400 
$1,000 
216,978 
150,733 
37,515 
32,870 
Farms with expenses of- 
$1 to $999 
5,847 
5,275 
299 
213 
$1,000 to $4,999 
8,622 
7,718 
477 
331 
$5,000 to $24,999 
6,886 
5,650 
625 
507 
$25,000 to $49,999 
1,372 
967 
216 
173 
$50,000 or more 
752 
401 
195 
176 
Property taxes paid 
farms 
70,138 
62,000 
4,297 
3,121 
$1,000 
340,686 
266,523 
39,091 
31,689 
Farms with expenses of- 
$1 to $4,999 
1 1 VtlSltfASl 
48,704 
2,617 
1,819 
$5,000 to $9,999 
8,311 
785 
583 
$10,000 to $24,999 
3,875 
585 
460 
$25,000 or more 
1,110 
310 
259 
All other production 
expenses (see text) 
farms 
45,648 
39,376 
3,266 
2,462 
$1,000 
943,011 
556,117 
188,740 
168,624 
Farms with expenses of- 
$1 to $4,999 
25,000 
22,901 
1,174 
796 
$5,000 to $24,999 
13,243 
11,417 
962 
713 
$25,000 to $49,999 
3,524 
2,727 
374 
302 
$50,000 to $99,999 
2,224 
1,495 
327 
270 
$100,000 or more 
1,657 
836 
429 
381 
Production expenses paid by 
landlords 1 
farms 
1,943 
1,603 
153 
116 
$1,000 
36,108 
25,337 
3,649 
2,814 
Depreciation expenses claimed 
farms 
44,590 
38,351 
3,225 
2,437 
$1,000 
1,541,585 
1,080,887 
237,180 
202,260 
NET CASH FARM INCOME (SEE TEXT) 
Net cash farm income of operations 
farms 
74,542 
65,530 
4,668 
3,402 
$1,000 
7,032,647 
4,843,721 
1,165,275 
963,361 
Average per farm 
dollars 
94,345 
73,916 
249,630 
283,175 
Farms with net gains 2 
number 
49,501 
42,793 
3,528 
2,605 
Average net gain 
dollars 
157,181 
126,003 
352,747 
394,885 
Gain of- 
Less than $1 ,000 
2,255 
2,065 
101 
83 
$1,000 to $4,999 
6,000 
5,466 
265 
182 
$5,000 to $9,999 
4,093 
3,717 
207 
140 
$10,000 to $24,999 
7,447 
6,704 
412 
267 
$25,000 to $49,999 
6,803 
6,174 
354 
220 
$50,000 or more 
22,903 
18,667 
2,189 
1,713 
Farms with net losses 
number 
25,041 
22,737 
1,140 
797 
Average net loss 
dollars 
29,869 
24,116 
69,489 
81,951 
Loss of- 
Less than $1 ,000 
2,328 
2,147 
104 
65 
$1,000 to $4,999 
7,329 
6,817 
288 
191 
$5,000 to $9,999 
5,201 
4,834 
166 
102 
$10,000 to $24,999 
5,552 
5,156 
208 
143 
$25,000 to $49,999 
2,138 
1,895 
112 
82 
$50,000 or more 
2,493 
1,888 
262 
214 
Net cash farm income of operators 
farms 
74,542 
65,530 
4,668 
3,402 
$1,000 
6,501,640 
4,488,193 
1,098,161 
904,054 
Average per farm 
dollars 
87,221 
68,491 
235,253 
265,742 
Operators reporting net gains 2 
farms 
49,221 
42,557 
3,515 
2,594 
Average net gain 
dollars 
148,031 
118,774 
336,233 
375,216 
See footnote(s) at end of table. -continued 
140 Minnesota 2012 Census of Agriculture - State Data 
USDA, National Agricultural Statistics Service 
