South Dakota, Nebraska, buck trend of fewer farms
South Dakota and Nebraska bucked national and regional trends of losing farms, according to the U.S. Department of Agriculture's recently released Census of Agriculture.
Between 2007 and 2012, the number of farms fell from 2.2 million to 2.1 million, down nearly 100,000 farms or about 4.5 percent. In South Dakota, the number of farms rose 2.6 percent to 31,989 and Nebraska saw a 4.7 percent increase to 49,969 farms.
Nebraska also has the youngest average age of farmers at 55.7 years old, compared to the national average of 58.3 in 2012. The average age nationally increased from 57.1 in 2007.
Minnesota saw an 8.1 percent loss in farms, Iowa a 4.6 percent loss and North Dakota a 3.2 percent loss.
Net cash farm income averaged $101,945/farm in South Dakota, $147,128 in North Dakota, $108,593 in Nebraska, 110,329 in Iowa and $208,208 in Minnesota.
The United States average according to the report was $43,750 in 2012.