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Nebraska Farm Real Estate Market Developments 1991-92, Bruce B. Johnson
Nebraska Farm Real Estate Market Developments 1991-92, Bruce B. Johnson
Nebraska Farm Real Estate Reports
Nebraska's agricultural land values moved slightly upward during 1991 as the market operated in a mode of relative stability. The 15th annual UNL farm real estate market survey recorded an overall state average increase of 3.7 percent for the 12-month period ending February 1, 1992. This rate of change matched the u.s. rate of inflation during 1991, so in real (purchasing power) terms, there was essentially no change in average value.
Most market observers saw no apparent change in volume of market activity during 1991 from the previous year. Estate settlement and retirement constitute the primary reasons for agricultural real …