Soybean crop values increased significantly this past year. A new USDA report says the value of Minnesota soybean production was just shy of $4 billion, up 61 percent from 2019. North Dakota’s soybean crop values totaled $2 billion, up 51 percent. The value of South Dakota soybean production last year was close to $2.4 billion, up a whopping 97 percent from the previous year. The value of corn production was $6 billion in Minnesota, nearly $3 billion in South Dakota and more than $1 billion in North Dakota. Those values are up 48 percent in Minnesota, up 60 percent in South Dakota and down 16 percent in North Dakota.
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