Welcome to FINBIN

FINBIN is 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:

• Soybean cost and returns by tillage system
• Dairy cost and returns by size of herd
• Farm financial standards measures by type of farm
• Cover Crop Impact – Corn on Cash Rented land in Southern Minnesota

The possibilities are endless. Select Whole Farm Reports, Crop Reports, or Livestock Reports to create your own custom report.

The FINBIN database has been updated to include 2025 farm financial reports for the Minnesota farm business management programs. Minnesota farmers experienced a modest financial rebound in 2025, as net farm incomes improved from the extremely low profit levels recorded in 2024. The median net farm income for Minnesota farms increased to $66,518 in 2025. While this income level remains below the long term average for the past century, it represents a meaningful improvement over the previous year. Improved profitability allowed the average Minnesota farm to make modest gains in working capital and net worth growth during 2025. Strong livestock earnings, above-trend crop yields, and government assistance programs all contributed to improved financial performance.

You can use FINBIN’s summary reports to see the financial results for all farms by type or size of farm. Or run a benchmark report to compare your farm to a group of farms similar to yours. Our Tableau integration allows you to create charts for your FINBIN search.

Want to get more out of FINBIN? The videos below show you how to run different types of reports that can help with your work. They’re quick and easy to follow. You can also use our Tableau charts integration to add charts and visuals to whole farm summary reports. And learn more about how to run cover crop reports in FINBIN.

• What is FINBIN?
• Whole Farm Summary Reports
• Crop Summary Reports
• Livestock Summary Reports
• Panel Summary Reports
• Crop Benchmark Reports
• Livestock Benchmark Reports
• I Know My Ratios
• Help Me Calculate My Ratios
• Define Your Comparison Group
• Interpretation

• March 19, 2026 - Bigger is not always better when it comes to farm acres (Marshall Independent)
• January 2, 2026 - Labor Standards (Successful Farming)
• December 18, 2025 - Crop Machinery Investment (farmdocDaily)
• Decemer 5, 2025 - Crop Machinery Costs (farmdocDaily)
• November 18, 2025 - How Strong is your liquidity position? (Farm Progress)
• September 5, 2025 - Financial Stress on Crop Farms: Who is Most at Risk in the 2024-26 Downturn? (farmdocDaily)
• July 7, 2025 - Impact of leverage on rates of return (farmdocDaily)
• June 12, 2025 - Navigatign Uncertainty: The Challenges Facing Ag Producers and Agribusinesses (Bell Bank AgViews Q2 2025)
• June 6, 2025 - Coverage ratio alert: farm financial health slips into the red zone (Farm Progress)
• June 2, 2025 - Size vs Success: the $1.3 million gap in modern farming (Farm Progress)
• May 23, 2025 - Farm Profits Hit 20-year Low (Farm Progress)
• May 21, 2025 - Decomposition of changes in net worth (farmdocDaily)
• May 7, 2025 - Net farm income expected to improve in 2025 (Brownfield Ag News)
• November/December 2024 - Farmers face cliff as working capital disappears (ABA Banking Journal)
• December 18, 2024 - The thermostat of investment (Wells Fargo)
• December 4, 2024 - Repayment risks grow as farm income declines and farmland loans reprice (Minneapolis Fed)
• October 4, 2024 - The 2024-25 Financial Downturn: Who is the Most Vulnerable (farmdocDaily)
• July 18, 2024 - Farm Machinery Expense Jumps >30% since 2020 (Agricultural Economic Insights)
• May 30, 2024 - Do farm profits equal farm size? (Farm Progress)
• May 8, 2024 - Challenging agricultural markets put highly leveraged agricultural producers at risk (Minneapolis Fed)
• April 24, 2024 - Are you overspending on fertilizer? (University of Minnesota Extension)

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.