(Nebraska Radio Network)-- Nebraska ag land values fell two-percent overall in a farm real estate market survey from the University of Nebraska-Lincoln. It covered the 12-month period ending February 1st. U-N-L Extension educator Jim Jansen says that average doesn’t tell the whole story.
The prices for grassland were up 10-to-15-percent statewide, while pasture rental rates were up from 10-to-30-percent. Dryland and irrigated cropland values declined 5-10 percent depending on where you were located.
Jansen says the changes in land values were also reflected in cash rental rates. He says cropland rental rates declined five-to-10-percent.
Pasture rental rates were up from 10-to-30-percent. Despite the recent declines in cropland prices, average farmland values in Nebraska are still up 34-percent from 2012 and 116-percent from 2010.
© Many Signals Communications
MOST VIEWED STORIES
Three former Atchison Co employees arrested on felonies
Effingham woman killed Friday in Atchison wreck
One hospitalized, one jailed, after Atchison attack
Atchison man involved in fatal NW MO crash
Rural Horton man arrested on multiple drug charges
Services set for Effingham woman killed in crash
Street lights to be discussed at Monday city meeting
Barricaded fugitive arrested in Jackson County
Meteorologist Spencer: Geometric Watch means electronic disruptions
Two file to challenge local legislator
USD 430 Board accepts resignations, approves new hires
Fatal Atchison apt fire investigation continues
U.S. 36 work in Doniphan Co to impact motorists
USD 415 board select new member
Results from SE Nebraska contested Primary Elections
Date set for signals switch at Hiawatha intersection
Truck fire at CGB facility in Falls City
LATEST STORIES
Tuition increase by KU, others in state
KS grad requirements updated after two decades.
Fentanyl find nets four in two Atchison cases
Armed felon found, arrested, in Jackson Co
Support sought for fire ravaged family
Potts first to file for Sheriff's seat in Atchison Co
Senator Slama won't endorse candidate in legislative race
Local author brings "Broken and Chained" to Falls City Saturday