NEBRASKA 2016 FARM REAL ESTATE VALUE AND CASH RENT

Lincoln, NE – Nebraska’s farm real estate value, a measurement of the value of all land and buildings
on farms, decreased from 2015, according to USDA’s National Agricultural Statistics Service. Farm
real estate value for 2016 averaged $2,950 per acre. This is down $100 per acre or 3 percent lower than
last year.

Cropland value decreased 4 percent from last year to $4,850 per acre. Dryland cropland value averaged
$3,800 per acre, down $170 from last year. Irrigated cropland value averaged $6,560 per acre, down
$310 from a year ago. Pastureland, at $910 per acre, increased $40 from a year ago.
Cash rents paid to landlords in 2016 for cropland decreased from last year. Irrigated cropland rent
averaged $243 per acre, a decrease of $11 from last year. Dryland cropland rent averaged $150 per acre,
down $10 from a year earlier. Pasture rented for cash, averaged $24 per acre, down $4.50 from the
previous year.

County level averages of 2016 cash rents paid to landlords will be released on September 9, 2016
and will be available through NASS Quick Stats located at http://quickstats.nass.usda.gov/.

Access the National publication for this release at:
http://usda.mannlib.cornell.edu/usda/nass/AgriLandVa//2010s/2016/AgriLandVa-08-05-2016.pdf
Find agricultural statistics for your county, State, and the Nation at www.nass.usda.gov