The Nebraska Farm Real Estate Survey’s 2023 preliminary report has been published with updated land values and cash rental rates. Land is up 14% across the state compared to the prior year. The full results are published on the Center for Agricultural Profitability’s website at https://cap.unl.edu/realestate.
There is also a new Cornhusker Economics article that offers additional analysis: https://agecon.unl.edu/nebraska-farmland-values-and-cash-rental-rates-2023.
Trends in land values and rental rates will be covered, along with other land management and leasing issues, in a couple of virtual workshops next week: https://cap.unl.edu/land23.
The Farm and Ranch Lease Considerations for 2023 Virtual Workshop for western nebraska will be on March 24: 9-11:30 a.m. CT. Pre-registration is requested.