Farms.com Home   News

Nebraska Crop Values Rise 22% for 2020

Nebraska Crop Values Rise 22% for 2020
The value of Nebraska’s 2020 field and miscellaneous crops is forecast at $11.9 billion, according to the USDA’s National Agricultural Statistics Service. This is up 22% from 2019.
 
The value of corn production is expected to total $7.61 billion, up 21% from the previous marketing year. Nebraska’s corn price is projected to average $4.25 per bushel, up $0.73 from the last marketing year.
 
The value of soybean production is expected to total $3.18 billion, up 36% from the previous marketing year. Nebraska’s soybean price is projected to average $10.80 per bushel, up $2.53 from the last marketing year.
 
Access the national publication for this release at USDA’S online library.
 
Find agricultural statistics for your county, state and nation on the USDA NASS site.
Source : unl.edu

Trending Video

Future Interest Rate Cuts Unlikely

Video: Future Interest Rate Cuts Unlikely

On the Record, brought to you by Associated Equipment Distributors, we look at the impact interest rates are having on the ag market. In the Technology Corner, Noah Newman visits with strip-tiller Robert Boyle. Also in this episode, coverage from the first-ever Ag Equipment Intelligence Executive Summit, CNH moves to a dual branding model and Ritchie Bros. completes its acquisition of BigIron.