Go to main contentsGo to main menu
Tuesday, April 22, 2025 at 1:53 PM
Land Loans

USDA announces 2023 crop values

LINCOLN – The value of Nebraska's 2023 field and miscellaneous crops is forecast at $13.5 billion, according to the USDA’s National Agricultural Statistics Service. This is down 11% from 2022.

LINCOLN – The value of Nebraska's 2023 field and miscellaneous crops is forecast at $13.5 billion, according to the USDA’s National Agricultural Statistics Service. This is down 11% from 2022.

The value of corn production is expected to total $8.56 billion, down 13% from the previous marketing year. Nebraska’s corn price is projected to aver-

age $4.95 per bushel, down $1.82 from the last marketing year. The value of soybean production is expected to total $3.36 billion, down 14% from the previous marketing year. Nebraska’s soybean price is projected to average $12.60 per bushel, down $1.60 from the last marketing year.

The value of winter wheat production is expected to total $255 million up 16% from the previous marketing year. Nebraska’s winter wheat price is pro-

jected to average $6.90 per bushel, down $1.48 from the last marketing year. The value of alfalfa production is expected to total $578 million, up 11% from the previous marketing year. Nebraska’s alfalfa price is projected to average $200.00 per ton, down $7.00 from the last marketing year.

The value of other hay production is expected to total $329 million, up 41% from the previous marketing year. Nebraska’s other hay price is projected to average $135.00 per ton, up $7.00 from the last marketing year.


Share
Rate

Osmond Republican
Outdoor Nebraska
Farmer National Company
Land Loans
Don Miller