Social and Behavioral Sciences Commons^™

Nebraska Farm Real Estate Market Highlights 2012-2013, Bruce B. Johnson, Jim Jansen, Anil Giri, Boone Mcafee, Ethan Smith

Nebraska Farm Real Estate Reports

This report represents the 35th annual edition of the Nebraska Farm Real Estate Market Developments series. It has continued to provide an important informational role regarding agricultural land market dynamics for the many stakeholders. As stated in the introduction of the first annual report: “The dynamics of the farm real estate market, particularly in recent years, suggests that accurate and complete information concerning this market is of great importance. From the standpoint of the public interest as well as that of individual participants, all land market decisions should be based upon a sound understanding of the current market situation.” 1 …

Nebraska Farm Real Estate Market Highlights 2011-2012, Bruce B. Johnson, Sara Van Newkirk

Nebraska Farm Real Estate Reports

Each year since 1978, the Department of Agricultural Economics, UNL, has conducted a state-wide survey and analysis of agricultural land markets. Considerable change has occurred during that time span, not only from decade to decade, but from year to year—reflecting a dynamic market pattern. The most recent year is certainly no exception. The February 2012 survey collected market information from a panel of some 130 reporters scattered across the state. Reporters are closely affiliated with the agricultural land markets in their areas, as agricultural real estate appraisers, professional farm managers, agricultural lenders, etc. In addition, the vast majority of panel …

Nebraska Farm Real Estate Market Developments 2003-2004, Bruce B. Johnson, Raymond J. Supalla, Aaron Raymond

Nebraska Farm Real Estate Reports

Nebraska’s agricultural land values moved sharply upward across the state during 2003 and into 2004, recording an average gain of 9.2 percent for the 12 months ending February 1, 2004. This average increase was the largest annual percentage gain in 14 years. And it followed on several years of fairly stable land values. Virtually all land classes showed gains, and in all areas of the state–even in areas of serious multi-year drought, where previous-year value declines had occurred. The highest-priced land in the state is now center pivot irrigated cropland in Eastern Nebraska as the market preference for this irrigated …

Nebraska Farm Real Estate Market Developments 1989-90, Bruce B. Johnson, Timothy Schroeder

Nebraska Farm Real Estate Reports

In Nebraska, 1989 was another year of active market activity and increasing agricultural land values. These were two of the findings evident from the 1990 Nebraska Farm Real Estate Market Survey reports. The 1990 survey revealed a smaller average rate of increase of 9 percent during the 12-month period ending February 1, 1990 than reported for the year earlier. This smaller increase is a reflection of previous increases in farmland values and some decrease in net farm income during 1989.

The crop reporting districts showing the highest average land value change for the 12-month period were the North and Central …

Nebraska Farm Real Estate Market Developments 1985-86, Bruce B. Johnson, Ronald J. Hanson

Nebraska Farm Real Estate Reports

Results of the 1986 Nebraska farm real estate market survey indicate that farmland values continued to fall sharply during the past year as the current farm financial crisis persists. For the state, the average percentage decline from February 1, 1985 to February 1, 1986 was 24.7 percent. This drop in Nebraska land values of nearly 25 percent was even larger than the 23.5 percent decline reported a year ago. These percentage declines of the past two years now represent the largest decreases ever recorded in USDA's statistical series for Nebraska which dates back to 1912.

This downward trend in Nebraska …

Nebraska Farm Real Estate Market Developments 1984-85, Bruce B. Johnson, Ronald J. Hanson

Nebraska Farm Real Estate Reports

The market for farm real estate is complex and ever-changing. In addition to the uniqueness for each parcel of land, countless factors influence the nature of market participation between buyers and sellers, negotiated selling price, means of financing purchases, rate of ownership transfers, etc. Also, in the current economic environment these dynamic elements are even more pronounced.

The implications of these current trends are substantial. The level of returns to agricultural assets, the distribution of wealth and land ownership, the degree of farm financial stress and even economic survival -- all are woven into the market fabric for agricultural land. …