Jim Jansen - Agricultural Systems Economics Extension Educator

Jim Jansen

(faculty)
Work
Haskell Ag Lab 57905 866 Road Concord NE 68728
US
Work 402-584-3849 On-campus 7-3849

Jim Jansen is an agricultural economist with the Eastern Nebraska Research and Extension Center. His current outreach efforts focus on farm management and land economics. He conducts the annual UNL Nebraska Farm Real Estate Report and serves as a member of the extension team providing risk management outreach.

Trends in Nebraska Land Values and Cash Rents 2017-2018 April 23, 2018

Nebraska crop producers face challenging financial circumstances in 2018 with low commodity prices and the management of rented cropland. Making informed decisions when renting or purchasing cropland becomes even more important with tighter production margins for producers.

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Figure 1. The 2018 statewide average market value of farmland in Nebraska, at $2,745 per acre, declined 3% from a year ago. Average values decreased in all eight districts. (Source: Preliminary report from the 2018 Nebraska Farm Real Estate Market Survey)
Figure 1. The 2018 statewide average market value of farmland in Nebraska, at $2,745 per acre, declined 3% from a year ago. Average values decreased in all eight districts. (Source: Preliminary report from the 2018 Nebraska Farm Real Estate Market Survey)

Nebraska Average Ag Land Value Drops 3% from 2017 March 15, 2018

The average market value of Nebraska agricultural land declined by 3% over the prior year to $2,745 per acre, according to a preliminary report of of the 2018 Nebraska Farm Real Estate Market Survey. Market values have dropped 17% since reaching a high of $3,315 in 2014.

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Map of Nebraska real estate values
Figure 1. Average value of Nebraska farmland on Feb. 1, 2017 and percent change from one year earlier. (Source: 2017 Nebraska Farm Real Estate Report)

2017 Farm Real Estate Report Details Price Decline June 30, 2017

The 2017 Nebraska Farm Real Estate Report released today estimates total value of agricultural land and buildings in Nebraska fell to approximately $127.7 billion, down $5.6 billion from 2016. In the all-land category the state ag real estate average value was $2,820 per acre or about 9% less than the prior year’s value.

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Map showing Nebraska ag land values as of Feb. 1, 2017

Report: Agricultural Land Values Decline an Average of 10% March 15, 2017

Preliminary findings from the 2017 Nebraska Farm Real Estate Market Survey conducted by the University of Nebraska–Lincoln indicate that as of February 1, 2017, farmland values declined by about 10% over the prior 12-month period to $2,805 per acre. This marks the third consecutive year of decline. Farmland value peaked in 2014 at $3,315 per acre.

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