Nebraska farmland values fell 2% in 2025, breaking a six-year streak as crop revenues declined.

Nebraska's average agricultural land value fell by 2% to $3,935 per acre in 2025, marking the first decline in six years, according to a University of Nebraska-Lincoln report. The decrease is attributed to lower crop revenues and rising costs, including interest rates. While grazing land values showed modest gains due to higher livestock prices, irrigated and dryland cropland values dropped in many areas. Rental rates for cropland decreased by 1% to 7%, while pasture rental rates increased by 1% to 5%.