Nebraska Crop Values for 2023

February 27, 2024

Nebraska Crop Values for 2023

By USDA NASS

Mature wheat field

The value of Nebraska’s 2023 field and miscellaneous crops is forecast at $13.5 billion, according to the USDA’s National Agricultural Statistics Service. This is down 11% from 2022.

The value of corn production is expected to total $8.56 billion, down 13% from the previous marketing year. Nebraska’s corn price is projected to average $4.95 per bushel, down $1.82 from the last marketing year.

The value of soybean production is expected to total $3.36 billion, down 14% from the previous marketing year. Nebraska’s soybean price is projected to average $12.60 per bushel, down $1.60 from the last marketing year.

The value of winter wheat production is expected to total $255 million, up 16% from the previous marketing year. Nebraska's winter wheat price is projected to average $6.90 per bushel, down $1.48 from the last marketing year.

The value of alfalfa production is expected to total $578 million, up 11% from the previous marketing year. Nebraska's alfalfa price is projected to average $200.00 per ton, down $7 from the last marketing year. The value of other hay production is expected to total $329 million, up 41% from the previous marketing year. Nebraska's other hay price is projected to average $135.00 per ton, up $7 from the last marketing year.

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Rows of corn.

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