A North Dakota State University farm management specialist says farms outside the valley made more money than farms in the valley for the first time since 1998, primarily due to weather conditions. The NDSU specialist says the Red River Valley was especially hard hit by flooding.
The study consisted of 234 farms reporting their net farm income. Farms in the Red River Valley reported an average net farm income of $44,360. That compares with a net income of $59,607 for farms west of the valley.
During the previous six years, Red River Valley farms averaged nearly double the net income of farms outside the valley.