Nebraska Agland Values Jump

Just read an interesting article by Bruce Johnson that is posted on the University of Nebraska Lincoln Agricultural Economics page.  According to the 2012 survey, land values have jumped 31% since this time last year.  Agricultural land values through out the entire state averaged $2,410 per acre!  The percentage jump and increase in dollar value are both the largest ever recorded gains in the 34 year history of the land market survey.  The sector that saw the largest gains was farmground that saw a 35% and more increase through the 12 month period.  Non-tillable grazing land saw a modest increase of around 19%.  To view all the details of the repost click on the following link  http://agecon.unl.edu/c/document_library/get_file?uuid=7fc0f402-01d6-4ca2-89af-8fb93e91ecc5&groupId=2369805&.pdf.

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