News

Nebraska Ag Land Values Up For Second Straight Year

Nebraska Ag Land Values Up For Second Straight Year

Photo: WNAX


The market value of agricultural land in Nebraska gained about 6 percent for the second straight year according to the University of Nebraska Lincoln’s Farm Real Estate Market Survey. The average per acre registered $2,895 dollars. UNL Extension Educator and Ag Systems Economist Jim Jansen says factors that led to the increase included higher commodity prices along with low interest rates.

He says while the 6 percent rise was higher than in prior times, it still represents a gradual change which is what economists prefer to see.

Jansen says irrigated cropland saw a little more of an increase than dryland.

Jansen says for more information on the report, just log onto cap.unl.edu backslash real estate.

Recent Headlines

4 weeks ago in Local

WHAT DOES MARIJUANA RECLASSIFICATION MEAN FOR SOUTH DAKOTA?

SIOUX FALLS, S.D. (Dakota News Now) – President Trump’s executive order to reschedule marijuana from a Schedule 1 to a…

4 weeks ago in Local

GOVERNOR RHODEN ANNOUNCES $200,000 GRANT SUPPORTING KEEP FARMERS FARMING PROGRAM

SIOUX FALLS, S.D. (Dakota News Now) – On Monday, Governor Rhoden announced a $200,000 grant from the Future Fund for…

4 weeks ago in Local

ICE’S YEAR IN SOUTH DAKOTA, FROM SMALL TOWNS TO OPERATION: PRAIRIE THUNDER

SOUTH DAKOTA (Molly Wetsch / South Dakota News Watch) – Five months after Operation: Prairie Thunder officially began, the South Dakota…

1 month ago in Local

SOUTH DAKOTA STATE ECONOMIST SAYS FARM ECONOMY HAS HELD BACK SALES TAX REVENUES

SIOUX FALLS, S.D. (Joshua Haiar / South Dakota Searchlight) – South Dakota’s State Economist Derek Johnson told the state Banking…

1 month ago in Local

STATE SPENDS $43,000 IN TROOPER OVERTIME FOR OPERATION PRAIRIE THUNDER

PIERRE, S.D. (John Hult / South Dakota Searchlight) – The South Dakota Department of Public Safety says a saturation patrol…