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Nebraska Farm Real Estate Market Developments 1986-87, Bruce B. Johnson

Nebraska Farm Real Estate Reports

The market value for Nebraska farmland continued to fall during 1986 but generally at a more moderate rate of decline than that of previous years. Results of the 1987 Nebraska farm real estate market survey indicate that afarmland values fell 9.7 percent for the 12 month period ending February 1, 1987. this current rate of decline is considerably less than the 23.5 percent decrease reported last year (1986) and 24.7 percent decline during 1985.

Farmland values have declined the past six consecutive years across the state. By 1987, the average value for Nebraska farmland had dropped 59 percent from its …