A University of Nebraska-Lincoln study shows the state’s agricultural land values now average $3,835 an acre.
Economist Jim Jansen at the college’s Center for Agricultural Profitability tells Brownfield that the average price is up 14% over 2021. “Throughout the entire state of Nebraska, we’ve seen the market value of land rise anywhere from say three to five percent all the way up to the high teens or even twenty or low twenty percent range for the different types of land we have in our state.”
Jansen says in 2021, the average value for land jumped 16% putting land costs 30% higher than just two years ago.
