The value of farmland is riding high, and so are the taxes farmers pay on that property. But as those numbers remain steady, the actual income farmers make from the land has tumbled, leaving some farmers to push for a discount on their tax bill.
Larry Tegeler raises corn and soybeans along with some cattle in northeast Nebraska. He started farming about 30 years ago, and the first land he ever bought was a field near the small town of Meadow Grove.
On a windy fall afternoon, Tegeler looked over the 160 acres of rolling, sandy soil he purchased in 1987.