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Published March 22, 2010, 11:06 AM

Report: Nebraska farmland values rose 4.4 percent

OMAHA, Neb. — A report from the University of Nebraska-Lincoln says Nebraska farm-land values rose 4.4 percent over the last year.

OMAHA, Neb. — A report from the University of Nebraska-Lincoln says Nebraska farm-land values rose 4.4 percent over the last year.

Preliminary figures from a Nebraska Farm Real Estate Market Survey showed that Nebraska farmland was worth, on average, $1,494 per acre as of Feb. 1. That’s up from $1,431 a year ago.

The increase in 2009 follows a year of little to no change in farmland values across the state.

Agricultural economist Bruce Johnson says this year’s report shows the market for Nebraska farmland has remained strong despite the recession.

On the Net: University of Nebraska-Lincoln Ag Economics department

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