Nebraska ag land values up 5%, cash rents moderating
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UNL Center for Ag Profitability reports
Agland values in Nebraska increased this year anywhere from 2 to 7 percent, with the East Region, which includes Hamilton County, seeing the highest land values at an average of $9,730 per acre. The figures are from an annual survey of Nebraska farmland values conducted by the Center for Agricultural Profitability at UNL.
For the fifth consecutive year, the average all-land value of agricultural land in Nebraska increased, reaching $4,015 per acre in the 12-month period ending Feb. 1, 2024, according to the final report from the University of Nebraska–Lincoln’s 2023-2024 Farm Real Estate Market Survey.This marks a 5 percent increase over the prior year and is the highest non-inflation-adjusted statewide land value …