Nebraska Farmland Rises Three Percent

Nebraska Farmland Rises Three Percent


Published On: May 12, 20200.8 min read
Table of contents
Share Post

Per the newly released 2020 Nebraska Farm Real Estate Market Survey, conducted by the Department of Economics at the University of Nebraska-Lincoln, the current average value of the state’s ag land comes in at $2,730 per acre. Prices peaked back in 2014 at $3,315 per acre. Industry professionals — appraisers, farm and ranch managers, and agricultural bankers throughout Nebraska — contributed to the research, which pointed to the limited supply of land for sale as a significant reason behind the increase. Estimated market value of grazing land rose as much as five percent among the state’s eight regions with major cow-calf pair areas in North and Central Nebraska also sharing credit for the upswing. Though uncertainty concerning the production of sugar beets was deemed a “negative force” by the study’s researchers, dryland and irrigated cropland compensated to boost overall values.
Click here to read more.

Stay in the loop

Subscribe to our free newsletter