The value of agricultural land in Nebraska increased by an average of 6% over the prior year, to a statewide average of $2,895 per acre, according to the preliminary findings of the University of Nebraska–Lincoln’s 2021 Farm Real Estate Market Survey. This marks the second consecutive year that agricultural land in the state has experienced an increase in average market value.
In this article, land industry professionals reveal the cause, and effects, of this upward trend.