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Explore Nebraska agriculture and learn what makes it unique.
Nebraska has been a long time production leader in the United States, and today ranks 4th in the country for value of commodities sold as well as 6th in the country for total agricultural exports. Corn remains one of Nebraska’s most important commodities accounting for 26% of sales receipts. However, today the top commodity is Cattle which makes up 50% of the state’s agricultural sales. Of Nebraska’s total land area of 49 million acres, nearly 45 million acres is made up of farmland, more than any other state in the US. As of 2017, there were a total of 46,332 farms with an average size of 971 acres.
$177/acre
5.2%
4.6%
$220
Current Rental Rate Per Acre
Cash Rent per Acre
Source: USDA
4.6%
Average Annual Cap Rate
Implied Annual Capitalization Rate
Source: USDA
| Year | Per Acre | Change |
|---|---|---|
| 2023 | $220 | 4.3% |
| 2022 | $211 | 7.1% |
| 2020 | $197 | 3.1% |
| 2019 | $191 | -2.1% |
| 2018 | $195 | 0.5% |
| 2017 | $194 | -1.0% |
| 2016 | $196 | -4.9% |
| 2015 | $206 | 0.5% |
| 2014 | $205 | 1.0% |
| 2013 | $203 | 15.3% |
| 2012 | $176 | 17.3% |
| 2011 | $150 | 11.1% |
| 2010 | $135 | 5.5% |
| 2009 | $128 | 5.8% |
| 2008 | $121 | 17.5% |
| 2007 | $103 | 2.0% |
| 2006 | $101 | 4.1% |
| 2005 | $97 | 2.1% |
| 2004 | $95 | 3.3% |
| 2003 | $92 | 2.2% |
| 2002 | $90 | 2.3% |
| 2000 | $88 | 1.3% |
| 1999 | $87 | -1.7% |
