Agricultural Economics Department


Date of this Version

March 2005


Published in Cornhusker Economics, 03/23/2005. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.


Following a remarkable income year for most of Nebraska agriculture, it probably comes as no great surprise that agricultural land values rose sharply. Preliminary estimates for the year ending February 1, 2005 show the value of Nebraska farmland rising an average of 10.9 percent. This was the largest annual percentage increase of the past 16 years. The increase itself represents a value of more than $4.4 billion, and pushed the total estimated value of Nebraska’s agricultural real estate to nearly $45 billion.