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1979

Agricultural Economics

Markets

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Nebraska Farm Real Estate Market Developments In 1978-79, Bruce Johnson, Ronald J. Hanson Jul 1979

Nebraska Farm Real Estate Market Developments In 1978-79, Bruce Johnson, Ronald J. Hanson

Nebraska Farm Real Estate Reports

Farm real estate values in Nebraska have trended upward for several decades with only a few interruptions. In Nebraska as well as most of the Nation, dramatic increases have occurred within the last six years. The year 1978-79 was no exception.

Data released by the U.S. Department of Agriculture for February 1, 1979 showed a 22 percent increase in the average value of Nebraska farmland from a year earlier. This was certainly in contrast to the 4 percent drop in land values reported for 1977-78.

Results of the second annual Nebraska Farm Real Estate Market Survey conducted by the Department …