Nebraska Farmland Values Continue to Decline
July 13, 2018
Results from the Nebraska Farm Real Estate Survey show a statewide average value drop of 4 percent to $2,720 per acre. This marks the fourth consecutive year of declining Nebraska agricultural land values.
Results of the survey are divided by land class and summarized by eight Agricultural Statistic Districts of Nebraska. Respondents of the annual survey included consisted Nebraska land professionals including appraisers, farm and ranch managers, and agricultural bankers.
In the seven land classes, tillable grazing land values dropped by seven percent, the largest of the group. Survey part...