AP: The value of cropland in Nebraska continues its upward climb, rising 6.6% from a year ago to an average of $5,180 an acre. The value of cropland has been on the rise in many states in recent years. Nebraska cropland has increased 113% since 2010.
The U-S Department of Agriculture says in a report released Friday the average value of farm real estate in Nebraska - a measurement of the value of all land and buildings on farms - climbed 11.4% to $3,120 an acre.
The state trend reflects a similar increase nationally. The USDA says U-S cropland value is up 7.6% and farm real estate values rose 3.1%.
The annual report is based on producer surveys completed in the first two weeks of June.
The average value of an acre of cropland in Iowa rose 9.4% from a year ago to a record $8,750. Iowa leads the nation in the value of farmland and buildings with a total value of $235.6 billion. That's up nearly 18%.