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Nebraska has been a long time production leader in the United States, and today ranks 4th in the country for value of commodities sold as well as 6th in the country for total agricultural exports. Corn remains one of Nebraska’s most important commodities accounting for 26% of sales receipts. However, today the top commodity is Cattle which makes up 50% of the state’s agricultural sales. Of Nebraska’s total land area of 49 million acres, nearly 45 million acres is made up of farmland, more than any other state in the US. As of 2017, there were a total of 46,332 farms with an average size of 971 acres.

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Farmland Prices

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nebraska Farmland Prices

Over the last 20 years, the price of farmland per acre in the nebraska has risen by an average of 7.9% per year to $4,390 per acre as of 2019. This represents an increase of $3,260 per acre of farmland over this time period.

The values shown here only represent farmland appreciation. To view total farmland returns, including cash rent and land appreciation, see the Farmland Returns section.

$4,390

Current Price Per Acre

Value per Acre

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$ 0$ 1200$ 2400$ 3600$ 4800$ 6000Highcharts.com

7.9%

Average Land Appreciation

Year Over Year Change (%)

Source: USDA

Created with Highcharts 7.2.019971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-10 %0 %10 %20 %30 %40 %Highcharts.com

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