Rental rates for crop land and grazing land remain mixed according to the latest report on real estate values from the University of Nebraska-Lincoln.
Jim Jansen is an ag economist with UNL Extension. “It depends on were you’re at in the state,” he says. “Crop land rental rates where higher and it rose at a higher rate than what grazing or cow-calf rates did. That would be indicative in the swing in prices we’ve seen in the crop sector.”
Dryland rates rose from two percent in the Northwest to ten percent in the South. In the Southwest, rates declined three percent.
