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Nebraska Farm Real Estate Market Developments 2000-01, Bruce B. Johnson, Peter Brummels, Lance Kuenning

Nebraska Farm Real Estate Reports

Despite turbulent economic conditions in the state's agricultural sector, Nebraska's agricultural land values and cash rent levels remain on a generally stable course. In the February 2001 UNL Nebraska Farm Real Estate Developments Survey, the all-land average of $709 per acre was up 1.5 percent from year-earlier levels. Together with all-land average changes of the previous two years, the 2001 level is essentially unchanged from early 1998 value levels.

While the overall value level has been steady, the "choppiness of economic waters" is reflected in modest value movements in both directions across various land types and regions of the state. …