Jessica Groskopf, Extension Educator – Ag Economics
Panhandle Research and Extension Center, Scottsbluff
Jim Jansen, Extension Educator, Northeast R&E Center
The Nebraska Farm Real Estate Market Survey Results recently released by the University of Nebraska-Lincoln revealed that Nebraska Panhandle agricultural land declined in value for the reporting year ending Feb. 1, 2017.
The average farmland value in the region is estimated to be $755 per acre, 8 percent lower than the prior year. This is the third consecutive year of market value decline.