The Southwest Minnesota Farm Business Management Association is a membership-led organization of farms throughout southwestern Minnesota. The focus is entirely on improving members' farm financial management skills, knowledge, and success.

The association provides members with analysis, confidential peer farm benchmarking, individual consultations and direct connections to University research and expertise.

A group of farmers in southwestern Minnesota founded the SWFBMA in 1939 to help area farmers implement better farm management practices and keep accurate records. Today, the association is based out of the Southwest Research & Outreach Center and is affiliated with University of Minnesota Extension Agricultural Business Management and the Center for Farm Financial Management.


Association members pay a fee for individualized farm management assistance and access to educational opportunities throughout the year. Association field staff work directly with members to improve record keeping and provide a comprehensive farm financial and profitability analysis.

There are currently 125 farm members in the Southwest Farm Business Management Association. Learn more about the benefits of membership.

Contact Information:

23669 130th Street, Lamberton MN 56152
Office Phone:  507-752-7372  Ext: 2008

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2023 Annual Report

The Annual Report for 2023 of the Southwest Minnesota Farm Business Management Association has been released and is now available.

2023 Tax Planning Webinar for Farmers


University of Minnesota Extension's Ag Business Management team will present an end-of-year tax planning webinar for farm producers.

The free webinar, hosted by Extension educator Rob Holcomb, will be held live online via Zoom on Friday, December 15, from 10 am to noon. A recording will be available by December 20.