The value of Nebraska’s 2023 field and miscellaneous crops is forecast at $13.5 billion, according to the USDA’s National Agricultural Statistics Service. This is down 11% from 2022.
The value of corn production is expected to total $8.56 billion, down 13% from the previous marketing year. Nebraska’s corn price is projected to average $4.95 per bushel, down $1.82 from the last marketing year.
The value of soybean production is expected to total $3.36 billion, down 14% from the previous marketing year. Nebraska’s soybean price is projected to average $12.60 per bushel, down $1.60 from the last marketing year.
The value of winter wheat production is expected to total $255 million, up 16% from the previous marketing year. Nebraska's winter wheat price is projected to average $6.90 per bushel, down $1.48 from the last marketing year.
The value of alfalfa production is expected to total $578 million, up 11% from the previous marketing year. Nebraska's alfalfa price is projected to average $200.00 per ton, down $7 from the last marketing year. The value of other hay production is expected to total $329 million, up 41% from the previous marketing year. Nebraska's other hay price is projected to average $135.00 per ton, up $7 from the last marketing year.
Source : unl.edu