Nebraska farmland values dropped four percent in 2017

Nebraska farmland values dropped four percent in 2017

Final results from the 2018 Nebraska Farm Real Estate Survey show a fourth consecutive year of declining ag land values.

The statewide average value dropped four percent to 2,270 dollars per acre. That’s an 18 percent reduction since land values peaked in 2014.  The declines ranged from seven percent in northcentral Nebraska to one percent in the southeast. Average values ranged from 6,240 per acre in east central Nebraska to 715 dollars in the northwest.

Continue reading Nebraska farmland values dropped four percent in 2017 at Brownfield Ag News.