Data from USDA’s National Agricultural Statistics Service shows that Nebraska farm real estate values increased by 6.8% in 2024, with cropland and pasture values seeing notable gains. County-level cash rent estimates also reveal trends in rental rates across the state.

To break down these numbers and what they mean for farmers, ranchers, and landowners, we're joined by Jim Jansen, an agricultural economist with the University of Nebraska-Lincoln. Jim leads efforts on the University of Nebraska’s annual Nebraska Farm Real Estate survey, which publishes a preliminary report of updated average land values and rental rates every spring, followed by a complete report in the summer. His new article on our center’s website looks at the findings in these areas from USDA, which is what we cover here.

Read more:https://cap.unl.edu/news/usda-reports-land-values-and-county-level-cash-rent-estimates-nebraska-2024-jansen-250210/