According to UNL’s Ag Economics Department, the 2012 UNL Nebraska Farm Real Estate Survey confirms what most people close to agriculture already knew – agricultural land values across the state have shot upward in recent months. Preliminary survey results show the state’s all-land average value as of February 1, 2012 to be at $2,410 per acre, 31 percent above the year-earlier level. The annual gain, in both dollar amount and percentage, is the largest ever recorded in the 34-year history of the UNL land market survey series.
One thing to remember, however is that there is no “one magic” number that works for everyone, as there are so many variables that must be considered. A workshop has been designed to assist landowners, tenants and agri-business professionals with issues related to farmland ownership management, and leasing arrangements. This workshop is planned for March 21st from 6:30 to 9:00 p.m. at the York County 4-H Building in York. Please call 402-362-5508 to reserve a spot. This workshop is designed for both landlords and tenants.