Minnesota custom farming rates 2024 per acre , and labor for the Apr 10, 2015 · This guide on the average for conventional corn and soybean planting has a rate of $16 per acre with a rate of $18. Average Fertilizer Rates. 88 21. May 31, 2023 · So I ended up setting my rates for current customers at $6. Art-Lit to Go! is an innovative Iowa 4-H program that supports the development of art and literacy skills for K-3 children. 00 per acre (Range = $71 - $280 per acre) Tillage The decision tool assumes a corn-soybean rotation and analyzes a single field. 3% to $313, and per acre cash rent for average quality land increased by less than one percent to $260. $YDLODEOH DW Z W l l Á Á Á X v X u µ X µ l ( u z u v P u v l µ P r } r } ( r } µ ] } v Variable Cost, Overhead Cost, and Gross Revenue per Acre . The average charge for combining and binning corn and wheat is now above $40 per acre, with combining soybeans and hauling them to the bin right at $40 per acre. Paul, Minnesota 55108. per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. 18 $8. 00 Row markout with one product: 0-30 gal. This publication is only a guide. 81 per bale, total time start to finish averages 1. 00-30. This page provides a historical perspective on rental rates paid by a group of Minnesota farmers and trends in those rental rates over the past five years. 83 17. We cannot statistically project future rental rates. May 2, 2024 · Custom rate charges should also cover noncash costs, including unpaid operator labor and machinery depreciation. Row markout: Dry row markout: no product applied 20. Jul 3, 2024 · The “Ohio Farm Custom Rates 2024” publication reports custom rates based on a statewide survey of 333 farmers, custom operators, farm managers, and landowners conducted in 2024. 50 for under 10 gpa, $7 for 10gpa and $7. Feb 13, 2025 · Table 1 provides a sample of a few of the spring field operation rates included in the 2024 Nebraska Custom Rates report. 70 0. Table C. Sign-Up 205 State Acceptance. edu "Complete Harvest (Computed)" adds individual custom rates for mowing/conditioning, raking, baling, and moving/storing (where applicable) to estimate a custom rate for these combined operations. 25 May 7, 2024 · Ann Johanns, program specialist with ISU Extension and editor of Ag Decision Maker, says this year’s custom rates reflect the current farm economy. Information for Setting 2023 Cash Rents: Results from the Illinois Society suggest rising cash rents in 2023, though at lower rates than occurred in 2022. 23 $4. 80 15. 87 $1. “Generally, 2024 custom rates are down slightly from 2023,” she notes. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM Planting with coulters, without band applicator, rate per acre 20. 01 per acre, the range is from $6. Sign-Up 60 State Acceptance. 5-3 bales per acre for 2nd cutting For my tractors total fuel usage to cut, ted, rake and bale is 1. 00 per rented acre United States Department of Agriculture National Agricultural Statistics Jul 12, 2024 · The “Ohio Farm Custom Rates 2024” publication reports custom rates based on a statewide survey of 333 farmers, custom operators, farm managers, and landowners conducted in 2024. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. In Monroe County, factors influencing custom machine work can include field size and shape, ease of access, amount of non-farm traffic to get to the field, machine size, width of roads or bridges, trash, weeds, trees or brush hindering work in the field, depth of field drainage Jul 3, 2024 · The “Ohio Farm Custom Rates 2024” publication reports custom rates based on a statewide survey of 333 farmers, custom operators, farm managers, and landowners conducted in 2024. It . usda. Often, having someone else with specialized tools perform tasks is more cost effective and saves time. 81 per 1,000 kernels 28,000 $106. Pasture grazing rents have ranged from $15. Labor has also become both a limiting and higher cost expense. 14 $1. The data is collected from farmers and agricultural producers enrolled in the Minnesota Farm Business Management Education through Minnesota State and Southwestern Minnesota Farm Business Management Association. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 50 23. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. 34 Aug 29, 2023 · Center for Farm Financial Management University of Minnesota 130 Ruttan Hall, 1994 Buford Avenue St. 70 per bale, with large round bales coming in at $13. Corn: $150. Ohio rates. 28 per bale. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. Low acres per hour so you use lots of fuel and labor per acre. 04 Rate per Acre Minimum 8. As in past years, there are states that have updated their rate guides since a year ago. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. There are both higher and lower rents than listed here and is subject to local demand and supply. 00 acre for corn planting with fertilizer attachments. CRP 2022 County Average SRRs . Additionally, input costs and interest rates could change at any time. 70 1. 612-625-1964 cffm@umn. Check the column for average rates from the same Purdue custom rates survey for 2017. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. Ohio’s most recent custom farming report was released last July and includes brand-new rates for aerial application of chemicals, seed and fertilizer by drone. 205 64,286 12. Michigan’s most recent custom farming rates report was released in December. Sign-Up 58 State Acceptance . The 2025 report was published in the March edition of Ag Decision Maker and includes 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators and farm Jan 24, 2024 · MANHATTAN, Kan. com. 60 2. 15 per acre and for soybeans is $68. The overall median net farm income for Minnesota farms was $21,964 in 2024, marking the lowest level this century. Soybean seed prices include Round-Up Ready® varieties. The rate for conventional corn is $19. 70 6. 00 21. 5-5 4x5 bales per acre for spring cutting and 2. No-till planting rates are $16. , we have an up-to-date tillage, planting and harvesting fleet along with the latest technology to meet your corn, soybean, wheat and cover crop needs. iastate. Final 2023 Grassland CRP Rental Rates. 2025 MSU Custom Work Rates Report Summary . 18 $3. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020. 00 per acre, $2. 1% compared to $5,458 in 2023. A range of rates is reported across the state from $10 to $48 per acre. The MSU Custom Rates Worksheet is a pdf version of this calculator. 75 / acre. Jun 27, 2022 · Moldboard Plow (sod) $23/ acre (stubble) $19/ acre Chisel Plow $20/ acre Heavy Disking $20/ acre Springtooth Harrow $16/ acre Cultivating $16/ acre Corn Planting $32/ acre - Inc. Ohio will release its biannual custom rate report in May or June. Sep 9, 2024 · The FINBIN database has been updated to include 2024 farm financial reports for the Minnesota farm business management programs. The farmers participate in the Minnesota State College Farm Business Management program as well the Southwest Minnesota Farm Business Management Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. Dollars per acre Dollars per acre. 97 from $27. This worksheet is also included in the 2025 MSU Custom Work Rates Report publication. in their farm business or perform custom work for others. , Inc. 30 35,000 $133. 40 21. More operations are highlighted in other articles. 00 30. Where there are fewer than five responses, the ag economist advises caution using the data. 00 per acre. 12 9. The average rate for baling medium large round bales is $12. 98 per acre in 2022. Grassland CRP 2022 Rental Rate . Louis County had the lowest pasture cash rent at $7. 00 $4. This publication provides historical perspective on a rental rates paid by a group of Minnesota farmers and trends in those rental rates over the past five years. 19 per acre. S. 30 per acre and combining soybeans averages $39. Weighted average rental rates are listed by county for each year. These percent reported a custom rate less than $5 per acre, 52 percent reported a custom rate between $5 and $7 per acre, 21 percent reported a custom rate between $7 and $9 per acre, 11 percent reported a custom rate between $9 and $11 per acre, and 4 percent of the respondents reported a custom rate of $11 or more per acre. 6. Jul 1, 2024 · The “Ohio Farm Custom Rates 2024” publication reports custom rates based on a statewide survey of 333 farmers, custom operators, farm managers, and landowners conducted in 2024. 00 per acre according to the USDA, National Agricultural Statistics Service. "Complete Most custom rates saw an increase of 10-15%. , and labor for the Mar 29, 2024 · AMES, Iowa – Farmers who depend on custom work or provide custom services can review rates charged by others across the state in the latest Iowa Farm Custom Rate Survey. This option is appealing for tasks requiring specialized equipment or technical expertise. 00 per cow unit per month, depending upon pasture quality. Pennsylvania released its report before the new year. Apr 8, 2024 · AMES, Iowa — Farmers who depend on custom work or provide custom services can review rates charged by others across the state in the latest Iowa Farm Custom Rate Survey. 67 20. 00 6. 50 to $45 per acre, depending on the type of planter and setup. 41 22. NDSU Agriculture educates students with interests in agriculture, food systems and natural resources; fosters communities through partnerships that educate the public; provides creative, cost-effective solutions to current problems; and pursues fundamental and applied research to help shape a 2024 Nebraska Farm Custom Rates Report Dec 10, 2024 · The MSU Custom Rates Calculator spreadsheet is available for more in-depth evaluation of individual costs for custom operation. , and labor for the Sep 3, 2024 · The National Agricultural Statistics Service (NASS) reported the average cash rent for Illinois in 2024 at $269 per acre, up by $10 per acre from $259 per acre for 2023 (see Figure 2). As for fertilizer rates, dry bulk fertilizer averaged $7. The numbers listed are weighted averages. 33 per bushel), which is similar to the 2023 cash rent per acre. 7. St. 25 per acre applied. 75-2 hours per acre. 86 $1. 50 2 23. Jun 10, 2021 · Related: Purdue issues custom rates for field operations. Fuel Small grain no-till $27/ acre - Inc. Understand that custom rates are often negotiable. 54 per acre, with the most common rate reported being $16. Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates. These farms represent approximately 10 percent of Minnesota farms. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. Indiana per acre cash rent for top quality land increased by 2. Assumptions for the computed harvest include 1. Rotation Corn in Indiana. On the “Field Information” tab of the spreadsheet, the calculations on the right portray the economic impact of cover crops in year 1 of establishment. These rates Dec 10, 2021 · In this area average hay ground will produce 4. 10/bu. 50 Mar 26, 2024 · Iowa State Releases 2024 Custom Farming Rate Data Injecting anhydrous without a tool bar had an average rate of $13. bfg bxqbuab ofbk qpxknv umgnj bjkapm ffjyqh pcp qbcr zklo edldw jhiw bmhon nxlor gwzooru