The University of Nebraska–Lincoln’s Department of Agricultural Economics annually surveys land industry professionals across Nebraska, including appraisers, farm and ranch managers, agricultural bankers and related industry professionals. Results from the survey are divided by land class and summarized by the eight Agricultural Statistic Districts of Nebraska.
Land industry professionals responding to the annual survey attributed the drop in Nebraska agricultural real estate values to current crop prices, interest rate levels and farm input costs commonly used by operations across the state. Lower crop prices for commodities grown across the state have tightened the financial positions of many operations. Interest rates have raised borrowing costs for loans used for leasing or real estate purchases. Farm input costs and current interest rates present elevated financial pressure and influence land or agricultural equipment investment decisions.
Source: Cornhusker Economics, March 12, 2025.
FOR MORE INFORMATION
Read the Cornhusker Economics full article at https://cap.unl.edu/realestate. For questions regarding this survey, contact Agricultural Systems Economist Extension Educator Jim Jansen at 402‑261‑7572 or jjansen4@unl.edu.