Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: NE
Corn field with silos in the background Tyler Harris
STAYING AFLOAT: The government payments farmers have received are helping to keep land prices afloat in Nebraska.

Nebraska land prices unaffected by COVID-19

Scarcity in the market, low interest rates and government payments are helping keep land prices steady.

According to BigIron Realty, COVID-19 has not adversely affected land prices in Nebraska. The government payments farmers have received are helping to keep prices afloat. Scarcity and low interest rates also have played a role in keeping land prices steady. Marketing time to sell land on an online auction is seven weeks.

BigIron Realty of Columbus, Neb., a licensed real estate broker in eight states, compiles the reports for this column, but not all sales are handled by BigIron each month. Contact BigIron at 800-887-8625. The following are several of the most recent sales in Nebraska:

East

Lancaster County. A total of 33.46 acres sold for $195,000. This is a quality dryland farm with about 31 acres, located 3 miles west of Highway 77 on West Saltillo Road, close to Lincoln. — Compliments of UFARM Real Estate

Cass County. A total of 160 acres sold for $1,384,000. This farm is well taken care of and has a conservation system in place to prevent erosion with drainage tile in creek bottom soils. It is located close to Plattsmouth. — Compliments of Farmers National Co.

Southwest

Keith County. A total of 318 acres sold for $280,000. This was sold as two parcels with outstanding soils and nearly level terrain. Parcel 1 is 161 acres, consisting of 74 acres of dryland crop ground, 81 acres in the Conservation Reserve Program, and the remainder in grass. Parcel 2 is 157 acres of dryland crop ground. — Compliments of Agri Affiliates Inc.

Northwest

Deuel County. A total of 324.68 acres sold for $145,000. This is a combination farm with 27.47 CRP acres, 217.5 acres of cropland, and the remainder in pasture ground. — Compliments of UFARM Real Estate

Garden County. A total of 80 acres sold for $70,000. This property offers excellent access on two sides. The east 40 acres are growing wheat, and the west 80 acres are worked fallow ground. — Compliments of Agri Affiliates Inc.

TAGS: COVID-19
Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish