No surprise here. The Journal Star reports that "the average value of irrigated farmland in Nebraska was up 40% from a year earlier in the third quarter, according to a survey of banks by the Federal Reserve Bank of Kansas City." Moreover, "almost half of those surveyed in Nebraska expected farmland values would continue to climb." I just spoke to an attorney and he told me that a farm in Seward county was appraised at $10,250 per acre.
To read more: Journal Star
