Cornhusker Economics website at: https://agecon.unl.edu/cornhusker-economics
The market value of agricultural land in Nebraska increased by 16% over the prior year to an average of $3,360 per acre, according to the 2022 Nebraska Farm Real Estate Market Survey. To read the full report, open the page title above.
- Nebraska Farm Real Estate Survey 2023 Preliminary Report shows that 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.
- A new Cornhusker Economics article offers additional analysis at: Farmland Values and Cash Rental Rates 2023.
2022 Trends in Nebraska Farm Custom Rates
A survey of agricultural custom operators is conducted in Nebraska every two years. A total of 193 survey responses were received in 2022 with information reflecting the current rates charged by custom operators for machine hire services and other work they provide for neighboring farms and ranches or as part of a business enterprise that covers a broader area. Survey participants identified by Nebraska Extension personnel, or in some cases, self- identified custom operators, received a paper survey or a web link to complete the custom rates survey online.
<Read the Full Report> Report by Glennis A. McClure, Extension Educator-Farm & Ranch Management Analyst and Jim A. Jansen, Agricultural Economist
New for 2023! Livestock-Related Custom Rates Report
Each year, many Nebraska farmers and ranchers inquire about prevailing rates paid for certain kinds of custom farm services. In addition to the regular biennial custom rates services survey and report, the Center for Agricultural Profitability launched a new survey that provides data for producers and operators that work closely with the livestock industry in Nebraska. <Read The Full Report>