Agricultural Economics Department
Date of this Version
2015
Document Type
Article
Citation
Cornhusker Economics June 24, 2015
Abstract
Nebraska agricultural land values have declined two percent according to the recently published Nebraska Farm Real Estate Market Highlights 2014-2015 report. As of February 1, 2015, the weighted average farmland value for the state dropped over the prior 12-month period to $3,250 per acre (Figure 1 and Table 1). Cash rental rates for land in 2015 followed trends comparable to 2014 as irrigated and dryland cropland rental rates declined while pasture and cow-calf pair rental rates rose across Nebraska (Table 2).
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Comments
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