2018 Trends in Nebraska Farmland Values and Rental Rates

Authors

Jim Jansen, University of Nebraska-LincolnFollow
Jeff Stokes, University of Nebraska-LincolnFollow

Date of this Version

3-14-2018

Document Type

Article

Citation

Cornhusker Economics, March 14, 2018, agecon.unl.edu/cornhuskereconomics

Comments

Copyright 2018 University of Nebraska

Abstract

The average market value of farmland in Nebraska declined by three percent over the prior year to $2,745 per acre according to the 2018 Nebraska Farm Real Estate Market Survey (Figure 1 and Table 1). This marks the fourth consecutive year of downward pressure. Market values have dropped 17 percent since reaching a high of $3,315 in 2014.