Printer Friendly
Email to a Friend
OMAHA, Neb. (AP) - The average value of Nebraska farmland declined 2 percent to $5,070 per acre over the past year.
The decline reflects generally weaker crop prices in recent years as the surge in farmland values finally cools off.
The U.S. Department of Agriculture said Wednesday that the average value of farm real estate in Nebraska - a measurement of the value of all land and buildings on farms - also decreased 2 percent to $3,050 per acre.
The annual report is based on producer surveys completed in the first two weeks of June
The USDA says irrigated cropland values lost $230 per acre to $6,870 on average. Dry cropland was valued at an average of $3,970 per acre, which was down $30. Pastureland values declined $30 per acre to $870
© Associated Press
MOST VIEWED STORIES
Hiawatha teen accused of child porn related crimes
Falls City child escapes serious injury after struck by vehicle
Breakins, suspect SUV, draw Highland investigation
Woman injured when car hits mobility scooter
Juvenile arrested in connection with threat leading to school lockdown
Additional charges filed against former police officer in Pawnee County
Teen driver flees Atchison Co; arrested over LV Co line
Local district judge vacancy filled
One person injured in two-vehicle Jefferson Co crash
EDGE updated status of former Falls City restaurant building
Budget cuts affect Register of Deeds in Atchison Co
New fire station being built in Everest
Former tribal chair earns decade in federal prison
Falls City Foods closing local facility
Brown Co considering changes to revitalization plan
CHCS unveils Holton campus master facility plan
Jeff West Elementary honored through now defunct honor
Former State Chamber President and Pawnee City native dies
LATEST STORIES
Falls City Foods closing local facility
Former tribal chair earns decade in federal prison
Commission approves two curb and gutter repair projects
Hiawatha Halloween Frolic Friday
Hearing held on proposed Nemaha Co Land Development Code
SE NE food pantries dealing with issues due to Govt. shutdown
Hiawatha, Ks 66434