Report: Agricultural Land Values Decline an Average of 10%
NE Farm Real Estate Values Down 3 Percent from 2015; Cash Rents Also Down
So You've Inherited a Farm — Now What?
A new series of Extension farm management programs, "So You've Inherited a Farm — Now What?" continues in mid-April with important information to help you understand and manage this new investment. Whether you grew up on the farm or visited for holidays, as new owners you will want to familiarize yourself with what it means to own it.
Nebraska Ag Land Values Down 4%; Rental Rates Down 2-10%
The average for Nebraska agricultural land values has declined by about 4% in the last year according to preliminary findings from the University of Nebraska–Lincoln Farm Real Estate Market Survey. This decline marks the second consecutive year of lower weighted average farmland values in Nebraska.
Ag Land Lease Considerations for 2015
During uncertain financial times such as these, tension can develop between landlords and tenants who become unsure as to whether their lease arrangement is fair. The best way to build mutual trust through these periods is to develop a clear two-way channel of communication and put any understandings in a written lease.