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Land values remain strong PDF E-mail

Despite an extreme drought and indicators of weaker agricultural earnings on the horizon, Nebraska’s agricultural land markets remain strong, with an overall increase of 25 percent in the last year, according to preliminary findings from the University of Nebraska-Lincoln.

Following the advances of 22 and 32 percent in the previous two years, the 2013 all-land value of $3,040 per acre is more than double the value in early 2010.

“Few would disagree that this period has clearly been a land boom,” said UNL agricultural economist Bruce Johnson, who leads the annual Nebraska Farm Real Estate Market Developments survey.

 
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