Year in Review: USDA Reports on Higher Land Values and County-Level Cash Rent Estimates Across Nebraska in 2022

Jan 17, 2023

Survey findings from the USDA-National Agricultural Statistics Services (USDA-NASS) estimated that Nebraska farm real estate values, including all agricultural land and buildings, in 2022 increased by 21%, to an average of $3,750 per acre (Figure 1). The year-over-year increases mark an increase of $650 for this annual period (USDA-NASS 2022a). Kansas and Iowa led the nation for the highest rates of increase in the market value of farmland, at 25.2% and 21.4% for market value averages of $9,400 and $2,630 per acre. Nebraska marked the third-highest percentage increase for rising farm real estate when ranked against the other states.

For the second year in a row, cropland values in Nebraska reported the second-highest increase in the nation at 21.0%, to an average of $6,000 per acre. Kansas led the country with a rise of 24.5% to a new average of $2,950 per acre (USDA-NASS 2021a). Many of the cropland purchases capitalized on the high commodity prices fueled by disruptions in global trade and drought conditions across the major grain-producing regions of the United States. Monetary policies gradually increased the cost of borrowing during 2022 to combat inflationary pressures. Rising interest rates and input expenses may weigh down on future cropland values unless offset by increasing farm profitability.

Source : unl.edu

Video: Winter Service Inspections for John Deere Equipment - The FarmCast Ep64

The FarmCast, host Troy Randall speaks with Doug Luedke, Vice President of Service, and Davin Peterson, Executive Vice President of Aftermarket at 21st Century Equipment, to discuss the importance of proactive service and how it helps farmers reduce downtime during their busiest seasons. The conversation focuses on the Winter Service Inspection Program, a comprehensive approach designed to keep equipment running at peak performance and limit costly in-season breakdowns through preventative maintenance and expert technician support.

Doug and Devin explain how 21st Century Equipment’s service teams have evolved to meet the needs of today’s connected machines. With more technology and data integrated into modern equipment, technicians now play a vital role in both mechanical repairs and precision ag support. Through advanced diagnostics, machine monitoring, and John Deere’s Expert Alerts, they can identify and address potential issues before they become major problems—saving customers valuable time, money, and frustration.

Throughout the discussion, the team shares real-world success stories demonstrating how proactive inspections and customer-focused service help maximize uptime and efficiency for every operation. Whether it’s a large tractor, combine, or small mower, the goal remains the same: to provide trusted, reliable support that helps farmers and landowners stay productive and confident in their equipment year-round.