Nebraska land values show increase for 2013

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Updated: Mon, 09 Sep 2013 08:32:21 CST

Despite a tough 2012 for farmers and ranchers in the Cornhusker state, farms and cropland in Nebraska increased in value. That's according to the U.S. Department of Agriculture, which released its annual land value summary this month. According to the report, Nebraska farm real estate (that's the value of the land and the buildings on it) went up 17.8% from last year now averaging $3,050 per acre. Cropland values also went up 19% 5,330 an acre. Pasture values increased, too, by 6%. The average value is now $700 an acre.