Nebraska's number of farms and ranches declined during 2007, continuing the downward trend, according USDA’s National Agricultural Statistics Service, Nebraska Field Office.
The number of farms and ranches in Nebraska is 47,300, down 300 or less than 1% from 2006. Numbers of farms and ranches in Nebraska with less than $100,000 in agricultural sales declined 1,400 farms, while operations with more than $100,000 were up 1,100 farms. The decline in smaller farms was the result of higher commodity prices pushing existing farms into higher sales categories.
Land in farms and ranches in Nebraska totaled 45.6 million acres, down slightly from last year. The average size of operation increased to 964 acres, up 4 acres from 2006.
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