Extension

 

Date of this Version

2001

Comments

© 2001, The Board of Regents of the University of Nebraska on behalf of the University of Nebraska–Lincoln Extension. All rights reserved.

Abstract

Nebraska's agricultural land base is considerable, being comprised of more than 45 million acres of land in farms and ranches according to the most recent 1997 Census of Agriculture. Currently, it's total estimated market value is more than $32 billion. There is much diversity to this base as one moves across the state, reflecting major differences in soils and climatic features which, in turn, affect agricultural productivity and the various non-agricultural uses. The result is a virtual collage of hundreds of local agricultural land markets, each having unique land value levels and market characteristics.

This extension circular gives a realistic perspective of market conditions and trends in the state for the years 2000-2001.