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
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
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:
Find agricultural statistics for your county, State, and the Nation at www.nass.usda.gov