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Agricultural and Resource Economics

University of Nebraska - Lincoln

Nebraska Farm Real Estate Reports

1991

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Nebraska Farm Real Estate Market Developments 1990-91, Bruce B. Johnson Jul 1991

Nebraska Farm Real Estate Market Developments 1990-91, Bruce B. Johnson

Nebraska Farm Real Estate Reports

Agricultural land values rose 4 percent during 1990, although the pattern varied widely across the state. The annual increase represented the fourth straight year of increase according to the University of Nebraska annual Farm Real Estate Market Survey series; yet the 1991 average value remained at about two-thirds of the peak value recorded 10 years earlier.

Largest percentage gains in value were reported in the Central Crop Reporting District where the all-land average rose 10 percent. In contrast, the Southeast District recorded a slight decline in the all-land average.

By type of land, grazing land values usually showed the largest …