The latest Rural Mainstreet Index shows farmland prices have expanded 31 months in a row.
Creighton University Economist Ernie Goss tells Brownfield ag land values rose in the April survey despite some signs of prices softening at the beginning of the year.
“That’s a good and a bad,” he said. “It’s bad in the sense that you have to pay higher property taxes, but it’s also reflecting the farming economy is positive.”
He says it’s currently a seller’s market.
