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How Much Nebraska Ag Land Is Owned By Foreign Entities?, Larry W. Van Tassell
How Much Nebraska Ag Land Is Owned By Foreign Entities?, Larry W. Van Tassell
Center for Agricultural Profitability
The Agricultural Foreign Investment Disclosure Act of 1973 (AFIDA) established a mandatory reporting system, overseen by the USDA, that requires foreign entities to provide information on all U.S. agricultural and non-agricultural land in which they hold an interest. “Interest” is reported as a fee interest (legal possession of both the surface and mineral rights), partial fee interest (must state percent ownership), life estate, trust beneficiary, purchase contract, or other. “Other” includes leases that are 10-years or longer. The regulations exempt foreign entities with interests solely in mineral rights and leases of less than 10 years in duration from reporting. In …
Usda Reports On Land Values And County-Level Cash Rent Estimates Across Nebraska In 2023, Jim Jansen, Jeff Stokes
Usda Reports On Land Values And County-Level Cash Rent Estimates Across Nebraska In 2023, Jim Jansen, Jeff Stokes
Center for Agricultural Profitability
Survey findings from the USDA-National Agricultural Statistics Services (USDA-NASS) estimated that Nebraska farm real estate value, including all agricultural land and buildings, in 2023 increased by 13.1% to an average of $4,240 per acre (Figure 1). The year-over-year increases mark an increase of $490 for this annual period (USDA-NASS 2023a). Kansas and New Jersey lead the nation for the highest rates of increase in the market value of farmland at 16.3% and 14.9% for market value averages of $3,060 and $17,700 per acre. Nebraska marked the fifth-highest percentage increase for rising farm real estate when ranked against the other states.
Nebraska Monthly Economic Indicators: January 27, 2023, Eric Thompson
Nebraska Monthly Economic Indicators: January 27, 2023, Eric Thompson
Leading Economic Indicator Reports
The LEI-N fell by just 0.03% in December 2022. The leading indicator, which is designed to predict economic growth six months in the future, suggests that there will be little growth in the Nebraska economy during the first half of 2023. Three components of the leading indicator worsened in December. There was a decline in airline passenger counts on a seasonally-adjusted basis. Building permits for single-family homes also declined and there was another increase in initial claims for unemployment insurance in Nebraska. One positive component during December was the value of the U.S. dollar. The dollar declined in value which …
Nebraska Monthly Economic Indicators: January 6, 2023, Eric Thompson
Nebraska Monthly Economic Indicators: January 6, 2023, Eric Thompson
Leading Economic Indicator Reports
The LEI-N fell by 0.16% in November 2022. The leading indicator, which is designed to predict economic growth six months in the future, has fallen in four of the last six months. Such a decline implies that the Nebraska economy will stagnate during the first half of 2023. Two components of the leading indicator worsened significantly during November. There was an increase in initial claims for unemployment insurance, signaling softening in the Nebraska labor market. There was also a drop in manufacturing hours worked during the month. It will be important to monitor whether these two trends continue since a …