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 over 110 farm members in the Southwest Farm Business Management Association. Learn more about the benefits of membership.


2020 Profitability Conference available online

03/27/2020 - 08:39

Economic and Agricultural conditions, Rural stress and Top farmer research studies to be featured at 2020 Farm Management Profitability Conference

To view the recorded  conference using your computer or mobile device  visit https://swfm.umn.edu/educational-opportunities 

The program features  Monica Kramer McConkey a Rural Mental Health Specialist with MN Dept. of Agriculture, will explore unique stressors affecting farmers, warning signs that may indicate they are struggling emotionally, and strategies to assist.

What does stress look like?

03/20/2020 - 10:49

Spring is just around the corner, and with it comes the planting season. Many years ago, when I was a green Extension Educator, I recorded a radio clip about stress during the planting season. That was probably my initial toe-dipping into the world of farmer wellness. I have since “gone off the deep end.” There is certainly a seasonality to stress on the farm, but it’s important that we don’t downplay that. I often hear (from people in all lines of work), “that’s just part of the job.” Sure, there are some qualities to every occupation that may be stressful but are unavoidable. A certain level stress can even be GOOD for us. Knowing that, the question becomes, “when is it all too much?” The answer to that is different for everyone. Stress is experienced in different ways by different people.

2020 Farm Management Profitability Conference Canceled

03/13/2020 - 15:11

University of Minnesota Extension has canceled all in-person events from Monday, March 16 through March 31, out of concern about the potential spread of the COVID-19 virus. This includes the Profitability Conference March 25 at Lamberton. We did not make this decision lightly, but Extension takes the health of our participants and communities seriously.

Farm Stress

02/14/2020 - 13:26

By Emily Wilmes, director of UMN Extension’s Rural Stress Task Force

On September 11, 2018, I received a phone call I will never forget. A close friend and farmer I work with often called me to tell me about an area farmer that had died by suicide the day before. The pain in his voice was palpable; a usually jovial man, hearing him so upset struck me in a way I wasn’t prepared for. The next words out of his mouth changed the direction of my work and ultimately my life. After a long pause, he said, “what are you going to do Emily?”  Read more.