This report is a summary of the data contained on the farmland sales portion of the Minnesota Land Economics (MLE) web site (http://www.apec.umn.edu/landeconomics) as of April 29, 2004. It is formally reissued each Spring, as new sales data become available. We no longer distribute a separate farm real estate report in the Minnesota Agricultural Economist (now the Minnesota Applied Economist: http://www.apec.umn.edu/MnApEc). The present document consists largely of graphs and tables summarizing sales over the past fourteen years. It provides averages at the multi-county region and at the statewide levels of aggregation. Individual transaction data are available for downloading and analysis at the MLE web site. An electronic version of the current report in fully navigable portable document format (pdf) is also available: http://www.apec.umn.edu/landeconomics/readings/Minnesota_Farm_Real_Estate_Sales.pdf.