Nebraska's farm real estate value, a measurement of the value of all land and buildings on farms, decreased from 2016, according to USDA's National Agricultural Statistics Service. Farm real estate value for 2017 averaged $2,900 per acre, down $50 per acre (2%) from last year.
Cool, wet conditions dominated the weather pattern for the week ending August 13, according to the USDA’s National Agricultural Statistics Service. Most crop condition reports were similar to those reported last week, except for dry edible beans, which improved in each category.
Temperatures averaged six to eight degrees below normal and precipitation ranged from one-half to two inches across the state for the week ending August 6, according to the USDA’s National Agricultural Statistics Service. The cooler temperatures and rain alleviated some stress in corn and soybeans caused by prior dry conditions.