This report summarizes the 2008 financial and production records of 44 Michigan cash grain farms. To be included, the farms must have produced at least 50 percent of gross cash farm income from one or a combination of these items: corn, soybeans, wheat, navy beans, oats, sugar beets and other small grains. The records came from Michigan State University’s TelFarm project and Farm Credit Service of Michigan. The values were pooled into averages for reporting purposes. Farm records were included if a farm financial analysis had completed 2008 data including beginning and ending balance sheets and a statement of income and expenses. The data was checked to verify that cash discrepancy was less than 10% of gross cash inflow and that debt discrepancy was less than $1,000. While considerable variation in the data exists, average values are reported in the summary tables.