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.
Nebraska Cropland Rental Rates and Financial Trends 2019
January 9, 2019
Nebraska producers will face challenging margins on crops produced in 2019. This article, part of the 2019 Crop Production Clinic Proceedings, covers current trends in cash rental rates and outlines financial considerations for the upcoming production year.
The Economics of the Capitalization Rate for Farmland
November 7, 2018
Real estate appraisers often use one of three methods to value real property: the market or sales comparison approach, the income approach, and the cost approach. In addition, factors other than the prospective income stream can factor into land prices.
2018 Cash Lease Adjustments on Irrigation Equipment for Cropland Rental Arrangements in Nebraska
August 16, 2018
How are landlords and tenants managing the costs for irrigation systems as part of their cash lease arrangements? Using data from the 2017-2018 Nebraska Farm Real Estate Survey, ag economists explore the options and discounts reported in this Cornhusker Economics.
2018 Nebraska Farm Real Estate Report
June 22, 2018
Final results from the Nebraska Farm Real Estate Survey show a fourth consecutive year of declining Nebraska agricultural land values. The statewide average value dropped 4% to $2,270 per acre.
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.
Trends in Nebraska Land Values and Cash Rents 2017-2018
January 8, 2018
An article from the Proceedings of the 2018 Nebraska Extension Crop Production Clinics exploring changing ag land real estate values and ag land rental rates in Nebraska.
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.
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.