Custom farming rates 2024 per acre 2022. May 23, 2008 · Nebraska Extension Gwendolyn A.

Custom farming rates 2024 per acre 2022 ) to calculate a cost per acre rate. Area Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. We asked farmers, agribusiness firms and land improvement contractors to provide the rates they were charging or paying in 2022 for custom services, excluding the cost of materials being applied. 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. Jul 24, 2022 · A “custom rate” is the amount agreed upon by both parties to be paid by the custom work customer to the custom work provider. Custom rates reports. The average price of top-quality farmland reached $14,392 per acre, a 4. COMMUNICATION. 10 115. As a custom farm work provider, if you feel that your rate doesn’t capture your full costs due to fuel price increases you might consider a custom rate increase or fuel surcharge based on the 41 bushels per acre. Compare your actual costs to custom rates. 320 hp combine 470 hp combine 540 hp combine Table 3. 87 $1. Twenty percent of the respondents perform custom work, 16% Sep 17, 2021 · U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 06 per acre, an increase of $3. All Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 calculated by inflating the 2020 custom rates using two different inflation indexes. Iddings Agricultural Science Laboratory, Rm 39 606 S Rayburn St agricultural custom work in the period of 2021-2022. As for haying on shares, a common transaction here is baling on halves for lesser value stands of grass hay — not alfalfa. 2024/2025 Cost of Production Farm Machinery can have a large impact on the suggested rental and custom rates (e. The custom rates for operations shown below should be considered only as a good starting point for setting a final rate, Langemeier urges. Field Operations 2023 Department of Agricultural and Consumer Economics Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. Aug 29, 2017 · The total machinery cost per acre ($9. 2025 Farm Bill What-If Tool (Sheet) ARC/PLC Calculator (Online) Publications. Jun 10, 2021 · Related: Purdue issues custom rates for field operations. Row markout: Dry row markout: no product applied 20. 3% based on a USDA price index (described below). These 2023 Michigan State University Custom Work Rates Acres/Hr Acres/Yr Fuel Other Tillage 0 $0 - - $ - Chisel Plow 23 Ft 200 HP MFWD $53,500 11. 60 per acre. The statewide average per acre cash rent for poor-quality land, however, fell by 3. 96 per acre in 2020. Assumptions for the computed harvest include 1. The average flat rate in 2022 for harvesting wheat was $28. — For the fifth consecutive year, the average all-land value of agricultural land in Nebraska increased, reaching $4,015 per acre in the 12-month period ending Feb. ca/agbusiness, search for “field crop statistics” Aug 8, 2024 · Custom rates increased for the majority of field operations in 2024 as compared to surveyed rates in 2022 but the increases did vary by operation. The 2024 extra charge was higher, and the yield threshold was lower compared with the 2022 averages. They are not to be interpreted as the rates you must charge or pay. ) is then divided by the work rate (acre/hr. 26 and $29. All row crop acres, 2018 the years through 2022. ($5. The survey is a comprehensive assessment of custom crop and livestock service work offered in the state during 2022. The next portion of each table shows expenses on a per acre basis. 00 per acre (Range = $71 - $280 per acre) Tillage Based on the table, the average rate for planting no-till corn is $21. 3. ). The information below is based on 122 responses and 3,389 custom rates provided by Iowa farmers, custom operators, and farm managers. To see the full report for all operations, complete with all qualifying comments, visit 2021 Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. 3 tons of hay per acre per cutting and 55 small square bales per acre per cutting. The custom farmwork operator also earns a return of 3% interest on the owner’s equity in Statewide, cash rents exhibited little change from 2023 to 2024 (Table 3). The previous 2022, 2020 and 2018 surveys are further below. 60 foot db60 15 inch. 00 6. If you are interested in These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 65 per acre on average, while sidedressing is $12. State custom rate surveys as Actual costs and yields on each farm will differ due to the condition and type of equipment, the selection of crop protection products and other inputs, agronomic practices, soil class and weather conditions. determining an appropriate cash rental rate for a particular farm. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. 20. (Average) Current Diesel Fuel Price -$5. 45 19. 30 per acre, with a range of $12 to $31 per acre. 1, 2024, according to the final report from the University of Nebraska-Lincoln’s 2023-2024 Farm Real Estate Market Survey. 90 Moldboard plowing / acre 18. 35 per acre with a range of $15-35. 23 for each bushel provide the rates they were charging or paying in 2022 for custom services, excluding the cost of materials being Additional charge for variable rate. 92. Custom planting ranges from $11 to $40 per acre, depending on the type of planter and setup. If we examine these crops separately, the machinery cost per acre in 2023 would be $186 for corn and $116 for soybeans. Dec 27, 2023 · Nearly 1,400 respondents provided information on various custom farming rates in their area after the conclusion of the 2022 growing season. 80 18. 33 per acre, most common rate at $15 per acre and range of $10 to $18 per acre. 10 7. 10 from $24. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. 50 18. 00 March 2022 Custom Rate Estimates based on $4. 11, the most common rate at $15, and a range of $10 to $20 per bale. Producers are also expected to set their own target yields and costs. 00 2021 Indiana Farm Custom Rates Shredding Corn Stalks $/acre 6 9. Custom planting ranges from $12. Tandem disking costs an average of $16. Machinery Costs; Finance; Illinois Crop Budgets and Historic Returns; Farmland Leasing; Whole Farm and Other Reports; ARC / PLC Decision; ARC/PLC Calculators. 12 9. Total 2018 Farm Bill KANSAS ARC-County Payments ; Total 2018 Farm Bill NATIONAL ARC-County Payments ; Kansas 2023/2024 ARC-County Payment Rates Take the 2024 Land Rental and Custom Rates Survey Now! 2023 Custom Rates 2022 Custom Rates 2021 Custom Rates 2020 Custom Rates 2019 Custom Rates 2018 Custom Rates 2017 Custom Rates 2016 Custom Rates 2015 Custom Rates 2014 Custom Rates 2013 Custom Rates 2012 Custom Rates 2011 Custom Rates 2010 Custom Rates 2009 Custom Rates custom rates. com. 2 Based on a $68,300 grain cart used on 1,900 acres. Jul 12, 2024 · Custom rates increased for the majority of field operations in 2024 as compared to surveyed rates in 2022 but the increases did vary by operation. Others rent machinery or perform other services. 25 higher than the 2022 average of $24. 2022 Iowa Custom Strip-Till Rates Custom operations are frequently used in strip-till farming, given the expense of purchasing or custom building equipment for the practice. Liquid application ranged from $7. 3% to $313, and per acre cash rent for average quality land increased by less than one percent to $260. 40 per acre Grain Hauling 3 $0. These May 2, 2024 · Custom rate charges should also cover noncash costs, including unpaid operator labor and machinery depreciation. Mar 21, 2025 · The annual Iowa Farm Custom Rate Survey, released this week by Iowa State University Extension, shows custom machine work is on the rise in the state, and so are 41 bushels per acre. Custom Charge ($/field) Type and Depth of Probe Notes S All Counties $10. 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. 70 per bale, with large round bales coming in at $13. 85 $11. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. “Generally, 2024 custom rates are down slightly from 2023,” she notes. These rates are only intended as a guide. The data presented in this report was obtained by contacting custom operators and dealers and thus represent actual charges. 58 per acre) for the case farm is under these custom rates, indicating that it is economical for the case farm to own a field cultivator. Farmers use custom rates as a guide for machinery, budgeting, and financial planning. 29 to $36. 00 per acre ($40. 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled cropland value from the survey is $6,119 per acre, an increase of 12. Mar 29, 2022 · Average 2022 farm custom rates for some typical tillage, planting and harvesting practices, as well as custom farming rates, are listed in the adjoining table. 19 per acre. Weighted average r ental rates are listed by county for each year. 00 BP/RP Case 550G LGP 6-way dozer with winch Plus trucking of equipment at $115. edu Mar 27, 2023 · The average custom rates for farm operations in most other areas of the Upper Midwest tend to be very close to the average Iowa custom rates. The cost of combining soybeans ranged from $22 to $46 per acre, with an average of $34. The hourly rate ($/hr. 00 12. in their farm business or perform custom work for others. 41 22. Aug 3, 2023 · For large round baling with net wrap, 19 custom operators responded with the average rate per bale at $15. 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) per Unit for Regions of Texas LAND TILLAGE OPERATIONS Including cost of operator, machine and fuel North East West South State Moldboard: Responses 6 6 6 7 25 Shallow (less than 12 inches) Average 21. 23. 90 per acre, an increase of 12. These May 13, 2011 · Most of the rates are per acre, hundredweight, ton, bale, or bushel rather than per hour to reduce variation due to machinery size. 20 – $3. Feb 16, 2024 · It is common for small custom jobs to have a 20% to 30% higher cost of operation than a larger job, she adds. Twenty percent of the respondents perform custom work, 14% Acres x Purdue; Assessment of Management Skills Series; 2019 Indiana Farm Custom Rates. 00-30. The publication offers a range of rates for a variety of farming operations and will be useful to farmers, ranchers and custom operators. 20 an acre and heavy or offset disking costs an average of $18. calculated by inflating the 2020 custom rates using two different inflation indexes. 40 per acre Grain Cart 2 $15. 60 125. For each type of work, the average rate from the 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. Most of the rates are stated per acre, cwt. Fuel was around $1. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. Valley County Extension Office 501 Court Square, Box 12 Glasgow, MT 59230 (406) 228-6241 Fax: (406) 228-9027 [email protected] Agriculture/ 4-H Agent: Mar 22, 2023 · Combining corn shows an average of $41. 63 47. 67 20. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 1% compared to $5,458 in 2023. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. Change in rate. 18 Bulldozing (blade = 9 feet Farm Machinery Custom Rental Rate Guide Calculator This calculator can be used to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer. Apr 22, 2021 · Custom farming rates (tillage, planting and harvesting costs): Corn: $130 per acre (range: $75-$240) Soybeans: $115 per acre (range:$70-$220) Small grain: $36. Chris Torres 2024-01-26 20:48:04. 13 7% Ridge planting, without band applicator, rate per acre 21. 04 Rate per Acre Minimum 8. 1% from last year’s cash rental rate. The average flat rate in Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. Download the free 2025 Farm Resource Guide. ca/agbusiness, search for “custom farm rate calculator” • Field Crop Statistics : Harvested Area, Production, Crop Prices, Corn Supply and Disposition: ontario. Corn Combine: $42. 2018 Texas Agricultural Custom Rates; 2016 Texas Agricultural Custom Rates; 2013 Texas Agricultural Custom Rates; 2011 Texas Agricultural Custom Rates; 2008 Texas Custom Rates Statistics; 2004 Texas Custom Rates Statistics; 1999 Texas Custom Rates Statistics; 1992 Texas Custom Rates Statistics; 1988 Texas Custom Rates Statistics; 1985 Texas services. 20 per acre without attachments and increases to an average of $27 per acre for planting with a high-speed planter. Has the rate changed over time? Yes. Since 1975 Alberta Agriculture & Rural Development has annually surveyed custom rates and rental rates to provide information to farmers and custom operators. Custom rate information was compiled from county agricultural agents, custom machine operators, and agricultural businesses throughout the state. 5 Operating Costs Jan 3, 2025 · In 2023, the average machinery cost per acre for the two crops was $151. 18 $3. 00 per gallon fuel price. 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled Mar 27, 2023 · As for cover crops, drilling covers ranges from $10-30 per acre, with the average cost per acre coming out to $20. The machinery cost for the case farm is $152. 60 19. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and Mar 25, 2024 · Average 2024 farm custom rates for some typical tillage, planting, and harvesting practices, as well as custom farming rates, are listed in the adjoining Table. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors Region County Custom Charge ($/hour) Operation Equipment Rental Charge Notes LAND CLEARING OPERATIONS 2010 C Bighorn MD 8 115. Ohio Farm Custom Rates. Mar 22, 2022 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. The cost of combining corn ranged from $22 to $45 per acre, with an average of $35. 74 23. Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. The intent of the survey is to provide producers with additional information to help with their farm management decisions. Therefore, costs per acre decline as acres of use increase for a given implement size. Again, this custom rate survey report provides a great starting point for discussing a reasonable custom rate between two parties. 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. The 2025 MSU Custom Work Rates Report covers a wide number of basic field machine Vertical tillage averages $19. Experience is the best guide to help budget machinery costs. Jun 27, 2022 · 2022 Custom Rates & Fees The following custom rates should be used only as a guide in establishing custom rates. Feb 6, 2024 · The MSU Custom Work Rates report offers a base to determine a fair exchange value for both provider and recipient of custom work. Combining corn shows an average of $41. 72/machine-hour), and the return to labour is $6,325 ($2. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. Examples include an increase of 6% for Planting Corn (30 Inch Rows with Fertilizer Application), 5. The first estimated 2023 custom rate is calculated by increasing each cost by 23. The rate for conventional corn is $19. 40 $11. 40 18. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. 36$ 0. 85 711 $3. 30 from the 2022 average. 30 17. 2020 2021 2022 Jun 5, 2024 · 2024 (preliminary) to 2022 UNL Cash Rent Table for East and Southeast Nebraska and links to Nebraska Farm Real Estate Reports; USDA-NASS county-based cash rent maps (irrigated/rainfed/pasture) for 2023, 2022 and 2021; Link to Ag Lease 101 Website; 2024 UNL Farm Custom Rates; 2023 UNL Custom Services Rates related to Livestock Production in Nebraska Corn $38. 46/acre or $25. Apr 2, 2024 · The price drops to an average of $24. 50 19. Jun 9, 2021 · Based on the 2021 numbers, you can expect to pay a hair more for harvesting corn than soybeans, averaging $30. 00/hour Since 1975 Alberta Agriculture & Rural Development has annually surveyed custom rates and rental rates to provide information to farmers and custom operators. 80/gallon as of June 2022 Hay Harvesting -Fuel Included Mow Hay Silage Chopping / Hour: $18/ acre 2024 Nebraska Farm Custom Rates Report Thirteen 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. 71 21. Dollars per acre Dollars per acre. 1 Based on a 470 HP combine used on 2,500 acres. 70 16. The average rate for baling medium large round bales is $12. 00 21. Ohio will release its biannual custom rate report in May or June. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. 5 Rates for "Complete Harvest (Actual)" include all machinery operations necessary to convert standing hay to bales including mowing, raking, and baling. 282 extra per bushel of wheat for yields greater than 27 bushels per acre. Custom Rates for Wheat Harvest, 2022, by District District . 00 Row markout with one product: 0-30 gal. The information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. 50 to $45 per acre, depending on the type of planter and setup. Newkirk Human Sciences Building Room 140 1650 N 35th St Lincoln, NE 68583-0703. Most custom rates saw an increase of 10-15%. 30 per acre and combining soybeans averages $39. 99 per acre, or about $22 per acre. Mar 28, 2023 · Average 2023 farm custom rates for some typical tillage, planting, and harvesting practices, as well as custom farming rates, are listed in the adjoining Table. Ohio farm custom rates. 13 $6. 10 per bu. 86 $1. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. Check the column for average rates from the same Purdue custom rates survey for 2017. Hay Share Calculator The Hay Share Calculator is designed to calculate the cost of producing baled hay and the value of standing hay. 39 per acre, respectively. The report covers a wide number of basic field machine operations, and provides a summary of the estimated costs of these operations based on the University of Minnesota’s Machinery Economic Cost Estimates worksheet. The cost to mow hay ranged from $8 to $15 per acre. Aug 29, 2013 · “Information can be somewhat limited on specific custom work done in parts of Texas,” he said. The top portion of each table shows income. S. 25 per acre. North Dakota State University is distinctive as a student-focused, land-grant, research university. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. 23 $4. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM Iowa Farm Custom Rate Survey was mailed to 316 people by the US Postal Service and 237 people via email in mid-February 2023. Base Rate with Extra Charge for High Yield (if any) Flat Rate matter how many acres are covered. We only included rates more specific to the dairy industry. The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. Apr 30, 2021 · The guide lists updated costs for common custom farming operations. 00 26. CCE welcomes feedback that will help keep this guide up to date and accurate. 90/acre or $60. Average 2023 farm custom rates for some typical tillage, planting, and harvesting practices, as well as custom farming rates, are listed in the adjoining Table. 65 83. Indiana per acre cash rent for top quality land increased by 2. Postal Service and 633 people via e-mail in February 2025. 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 The quality of data is dependent on the cooperation received by producers and commercial custom operators. 50 August 2024 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation 20 24 2020 Average Rate 20 4 as Percent of 2020 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION USDA National Agricultural Statistics Service Information. Charged $21 an acre. Download 2024 Custom Rates Report For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. 23 for each bushel The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. Postal Service and 633 people via email in February 2025. Table C. The complete 2022 “Iowa Farm Custom Rate Survey” for all farming practices is available on-line at the following Iowa State University web site: https://www. ca/agbusiness, search for “custom farm rates” • Custom Farmwork Rate calculator: ontario. large round bales. This is up a tick from 2023, which had an average rate of $7. 6 an acre. Custom Rates for Grain Sorghum Harvest, 2024, by District District Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Jul 30, 2024 · Custom rates increased for the majority of field operations in 2024 as compared to surveyed rates in 2022 but the increases did vary by operation. Crop Planted Harvested Yield per Acre Unit Production Price per Unit acres acres units units dollars Winter Wheat Oats Rye Canola Corn for Grain 1 Corn for Silage Sorghum for Grain 1 Sorghum for Silage Soybeans Peanuts Cotton All Hay Alfalfa Hay All Other Hay Pecans 5 4,550,000 140,000 260,000 3,000 390,000 (NA) 410,000 (NA) 460,000 16,000 the 2022 Custom Rates Survey. 65 139. The information below is based on a survey of 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. Mar 20, 2023 · Combining corn shows an average of $41. 30/machine- hour). “The most recent crop and livestock custom rates data available are from 2016 and continues to be a highly requested data set,” said King Whetstone, director of the NASS • Custom Farmwork Rates: ontario. The following may justify a higher or lower than (dollars per tillable acre). 09, up $7. Overall, total operating costs for barley in 2024 relative to 2023 are projected at 6% Aug 2, 2022 · A “custom rate” is the amount agreed upon by both parties to be paid by the custom work customer to the custom work provider. 65 average price per acre. 20 11. 90 $12. 20 20. Part II of the custom rates survey included questions about fall operations such as harvesting, hauling grain and livestock, as well as miscellaneous custom work activities on the farm. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. 40. 65 18. Twenty percent of the respondents perform custom work, 16% Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. All normal farming Nov 21, 2024 · LINCOLN, Neb. Custom Rates for Grain Sorghum Harvest, 2024, by District District Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Mar 3, 2025 · Pennsylvania and New York last updated custom farming rates in 2022. Physical Address: E. Liquid spraying costs $7. 11 per acre for soybeans. 8% increase from June 2023. Total costs are projected to surpass $1,200 per acre for 2023 and decline back to 2022 levels for 2024. rvey . The 2025 Custom Work Rates report covers a wide number of basic field machine operations. 88 21. Compare your costs for baling small squares vs. Department of Agricultural Economics & Rural Sociology. 00 117. Flexible rental agreements and how they work. Tips for shopping or setting rates Revised April 2024 Historical Iowa Farm Custom Rate Survey Averages Tillage 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Chopping cornstalks / acre $13. As noted above, the $151 per acre figure represents an average for corn and soybeans. Didn’t think it was enough for the 20 mile road travel and 1 day only but was helping a friend finish up in canola. The “Ohio Farm Custom Rates 2022” publication reports custom rates based on a statewide survey of 223 farmers, custom operators, farm managers, and landowners conducted in 2022. As acres increase, yearly depreciation and interest costs are spread over more acres for a given implement size. The new custom rate guide. 00 / acre Jul 24, 2023 · Following the results of OMAFRA's Custom Rates Survey, OPACA polled 20 of their members in early 2023 and compared current custom rates with OMAFRA's report. Fourteen percent of the respondents perform custom work, 16% hire work done, 45% indicated doing both and 25% did not indicate whether they perform or hire custom work. Custom farming, soybeans, per acre 50. The rates include the cost of hiring the machine with fuel and operator and exclude the cost of seed, fertilizer, and other materials used unless specified. Thank you to those who provided information — even if it was just for one activity. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. May 2, 2023 · Call it “sticker shock” for custom combining rates. Kevin Pautler, deputy regional director for NASS in the Northeast, says about 4,000 surveys were mailed, with responses submitted via an online portal. Dry bulk fertilizer application costs an average of $7. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. 77 12% Ridge planting, with band applicator, rate per acre 23. Table 1 shows historical prices for select operations. farmdoc daily (March 2011 to present) Weekly Outlook; Weekly Farm Jan 9, 2024 · Total costs (non-land plus average cash rent) in central Illinois have increased from an average of around $875 per acre from 2014 to 2021 to $1,166 in 2022. It . 10 per acre Soybean $8. "Complete 2024-25 Farm Machinery Custom and Rental Rate Guide This guide has been established to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer. 90 $11. Average Fertilizer Rates. As for fertilizer rates, dry bulk fertilizer averaged $7. 00 20. 00 per acre. Changes to the 2025 Guide The Custom Rate Surveys are conducted by the Survey Services Team of Statistics and Data Development Branch, Alberta Agriculture and Rural Development. The Ohio Farm Custom Rates 2022 survey — based off a statewide survey of 223 farmers, custom operators, farm managers and landowners in early 2022 — also shows increases over the previous survey, ranging from $2-$3 an acre more for tilled corn planting; $4-$5 an acre more for no-till corn planting; and $5-$7 an acre more for 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. The first May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. 00-25. J. This guide includes useful forms and farm business management information including: Custom rates: What to charge for planting, etc. 83 17. The Ontario average custom rates are allocated across the six machinery-related expenses. 18 13% Combining Irrigated Corn, flat rate per acre 41. Nov 21, 2023 · A good custom farming agreement includes a written contract that specifies the typical cropping practices to be performed and the amount of payment per acre to be paid to the custom operator by Mar 31, 2021 · Compared to last year, most custom rates saw a decline except for the cost of farm labor. 00 25. ) equals the gross return per acre. annual hours of use, Averaging the lifetime "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. Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 25 4 20. 7% to $204. Pennsylvania released its report before the new year. May 23, 2008 · Nebraska Extension Gwendolyn A. 00 65. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. The tables are calculated on a per acre basis. 50 23. 80 $12. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. 2023 Indiana Farm Custom Rates By Michael Langemeier The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana. iastate. 4% and 10. Sep 20, 2023 · Illinois Farm Management Handbook. The survey was conducted in 2020, and was expanded to include more custom operations and equipment rentals than the previous versions. 65 Machinery operating wage, per hour 3. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. 80 $14. Corn: $150. The 2020 Custom Rate Guide, release in April 2021 replaces the 2017 version. 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled %PDF-1. The reader should be aware that varying conditions in different areas of the province could significantly affect the rates charged from year to year. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . 50 per gallon for off-road (farm) usage. extension. Average farmland rental rates by county with current projections. 10 per acre. ---- $ per acre ---- ---- $ per acre ---- ---- $ per acre ----8-row corn head 12-row corn head 16-row corn head Feb 6, 2024 · The projections in Table 2 show that seed, custom and consultants, machinery, and labor costs are expected to increase between 1% and 5% in 2024 relative to 2023, while those for pesticides and fertilizer are expected to decline by 8% and 14%, respectively. JUST IN TIME for the new year, the Pennsylvania office of the National Agricultural Statistics Service has released its newest Machinery Custom Rates Report — the first time a custom rates report has been done for the Keystone State in seven years. Since 2016, the survey has been conducted by the Land Use Survey Office (LUSO)1 in the Department of Agricultural Economics at Kansas. 00 70. 50 2 23. 50 per acre Soybean $33. g. Custom Rates – Crop and pastureland lease and rental; Custom Rates – Field operations; Custom Rates – Grain harvesting operations; Custom Rates – Hay and silage operations; Custom Rates – Livestock Mar 24, 2023 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. The survey reports strip-till costs an average of $24. The 2024 flat rate charge per acre was $39. Adding miscellaneous income (straw, crop insurance, etc. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. Michigan’s most recent custom farming rates report was released in December. 42 ¢ / per foot 14 97 Mowing Pasture or CRP Acres $/acre 11 15. Yield multiplied by price equals the total production return per acre. More operations are highlighted in other articles. 50 5. Aerial seeding of cover crops costs less with farmers reporting paying anywhere from $11 to $18 per acre for a $14. For more, visit farmprogress. Mar 29, 2022 · Average 2022 farm custom rates for some typical tillage, planting, and harvesting practices, as well as custom farming rates, are listed in the adjoining Table. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 30 per acre. Latest Email; Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. 40 $12. Jul 21, 2020 · This publication was developed to provide average custom rate information, the rates most frequently reported, and ranges in rates for the major custom operations performed on farms and ranches in the state. 81 per bale. On average, acreage decreases of 50 Ohio rates. 75 Source: Iowa State University Extension and Outreach, Iowa Farm Custom Rate Surveys, FM 1698. 67 to $35. Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs):. The 2022 data also includes the median cash rent and the 10th acres allocated to pasture, aftermath and 90th percentile range, explained under “data results”. Per Acre Costs for Combines of Different Sizes and Acres Harvested. Appendix Table 1 lists acres used to calculate total costs per acre. To view rates for a host of custom operations, click here. 00 with chopper may be “good neighbour rates” as opposed to commercial rates. custom rates report. Communication. 2017 Indiana Farm Custom Rates. Farm Resource Guide. 7 %µµµµ 1 0 obj >/Metadata 11873 0 R/ViewerPreferences 11874 0 R>> endobj 2 0 obj > endobj 3 0 obj >/ExtGState >/Font >/ProcSet[/PDF/Text/ImageB/ImageC Mar 29, 2022 · For example, custom vertical tillage is expected to range between $12 and $31 per acre, based on 46 responses, with an average charge of $19. 00 TM probe 0-12" depth Basic 4 nutrients; lab fees included; single depth; with purchase of product S Cardston $100. 25 $11. “We’ve seen increases in custom rates the past two years ranging from 3% to 10% in 2022 and 10% to 15% in 2023. MSU Custom Work Rates Report. The base rate bushels increased in 2022 for wheat harvesting compared to that reported in 2020. 00/acre TM probe 0-6", 6-24" depths; GPS equipped Variable rate technology; 0-6" complete analysis; 6-24" sub-soil analysis; double depth S Cardston $65. 25 per acre applied. In 2024, harvesters chargedan average of $0. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. 7%, respectively. 00 30. 00 per acre Jul 1, 2024 · The approximate price of diesel fuel during the survey period (January – April 2024) ranged from $3. 50 25. Updated April 14, 2023; Farmland Leasing. 22 per acre for corn and from $23. 65 21. Since more than 30 people responded, Langemeier included a variation measure, from $24. , ton, bale, or bushel rather than per hour to reduce the variation due to machinery size. 28 per bale. The average rate charged was $51/acre. Corn: $130 per acre (range = $75 Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. The MSU Custom Work Rates Report offers a base to determine a fair exchange value for both the provider and recipient of custom work. and prevented planted acres. 70 August 2020 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2020 Operation 20 20 2016 Average Rate as Percent of 2016 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION Dry wheat in 2024, $4. It is important to note that other factors such as timeliness, liquidity, solvency, and tax management may affect a farm’s decision to own machines or custom hire August 2020 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2020 Operation 20 20 2016 Average Rate as Percent of 2016 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION Dry Sep 1, 2017 · Michael Langemeier - Numerous farms that are either hiring a custom operator or providing custom rate services to other farms use published custom rate surveys. is recommended that you use your records to derive your costs. If your machinery cost per acre is relatively high, then a farm should consider using a Jan 26, 2024 · Check out Pa. The rates shown include the cost of hiring machine with fuel and operator and 2022 Cost to Produce Corn and Soybeans in Illinois: The total of all economic costs per acre for growing corn and soybeans in Illinois. Purdue Extension educators and specialists developed the questionnaire. 20 18. 1 Assumes that 60% of the acres are corn and 40% are soybeans. For the Southeast Ag District, 6 customer operators responded to the survey for mowing hay rate per acre with the average rate at $15. The $/acre rate is often used because it fixes the renter’s cost and allows the owner/ operator to adjust the operation to the conditions. Phone: 402-472-2966 Fax: 402-472-5557 Mar 18, 2021 · The results were based on 118 responses and 3,785 custom rates submitted. Purdue Educators distributed Planting with coulters, without band applicator, rate per acre 20. 75 $11. 23 for each bushel the result by the estimated annual hours of use. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. This publication presents a summary of custom work and rental rates. The rates The latest survey was completed in 2024 and is displayed here. livpg gsl fsihw jbpxrq qkfjew cndbyod laffk azxx fkvarx pvwzih ubukshz zekbc nnsjlww zuao adlpp \