Nebraska Ag Land Value falls in 2017

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The average for Nebraska agricultural land values has declined by 3 percent over the last year, according to preliminary findings from the University of Nebraska- Lincoln Farm Real Estate Market Survey. This marks the fourth-consecutive year of decline. Market values have dropped 17 percent since reaching a high of $3,315 in 2014.

The statewide all-land average value for the year ending Feb. 1 averaged $2,745 per acre. Average farmland values for the eight districts and the percentage decrease from 2017 were: Northwest, $720 (5 percent); North, $1,095 (6 percent); Northeast, $5,420 (2 percent); Central, $3,280 (3 percent); East, $6,260 (2 percent); Southwest, $1,700 (3 percent); South, $3,775 (3 percent); and Southeast, $4,810 (1 percent).

 

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