Custom farming rates 2024 per acre usa 50 Production Operations: 2024 Custom Rates This is a budget tool, not a pricing tool. 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. 01/10/25 Corn production down, soybean production up in 2024. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. 00 per acre (Range = $71 - $280 per acre) Tillage: In 2024, the extra charge averaged $0. 25 per acre applied. 04 Rate per Acre Minimum 8. 50 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 foot db60 15 inch. 73 11 $20. 25 per acre. Information available in the annual Iowa Farm Custom Rate Survey is only possible due to the responses provided each year. The MSU Custom Work Rates Report offers a base to determine a fair exchange value for both the provider and recipient of custom work. 95 per acre, an increase of $3. 00 11 Bed disking (hipper) Dollars per acre $10. May 2, 2024 · Custom rate charges should also cover noncash costs, including unpaid operator labor and machinery depreciation. Corn. 85 $11. 00 $10. 5 days ago · Historical custom rate data is summarized in Ag Decision Maker File A3-12, and past publications of the Iowa Farm Custom Rate Survey to year 2000 also are available online. For more, visit farmprogress. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. 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. They are not to be interpreted as the rates you must charge or pay. 00 Aug 29, 2013 · “Information can be somewhat limited on specific custom work done in parts of Texas,” he said. 45 19. 60). 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. 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 2022 Cost to Produce Corn and Soybeans in Illinois: The total of all economic costs per acre for growing corn and soybeans in Illinois. 70 per acre, nearly $3 per acre below the custom rate average and median. This publication is only a guide. 90 Moldboard plowing / acre 18. Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 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. Fuel Broadcast Seeding $16 - $20 Apr 2, 2024 · The price drops to an average of $24. 00 181 90. 50 per acre Soybean $33. The Cost Study is from the perspective of a commercial custom farm operation. 65 $13. 52 $4. The average is calculated as the simple average of all responses. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. 10 Clover/Alfalfa Acre 22. 7%, respectively. Diesel fuel cost is $3. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. 35 $17. We only included rates more specific to the dairy industry. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. Charged $21 an acre. Extension Locations Welcome to Olsen Custom Farms, where tradition meets innovation in the heart of southwestern Minnesota. 10 per bu. large round bales. The average flat rate in 2024 for harvesting wheat was $31. Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn: $150. 02/24/25 USDA extends response deadline for 2024 Census of Horticultural Specialties. The state average for disk harrowing (secondary light seedbed preparation) is $18. 00 6. 14 per bu. 00 $25. 50 use published custom rate surveys. The rates shown include the cost of hiring machine with fuel and operator and Nov 22, 2023 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. Dec 5, 2024 · The average custom farming rates for corn and soybean production for 2024 are listed on the Iowa State Custom Rate Sheet; however, similar to the other custom rates, higher rates may be justified 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. Jun 10, 2021 · Related: Purdue issues custom rates for field operations. 33 per bushel), which is similar to the 2023 cash rent per acre. 50 per acre base price plus $150/hour travel time. It . Harvesting and hauling Feb 17, 2025 · Table 1 provides a sample of a few of the spring field operation rates included in the 2024 Nebraska Custom Rates report. 8% increase from June 2023. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. MSU Custom Work Rates Report. Herbicide and seed costs are expected to be similar to Aug 29, 2017 · Langemeier (2017) and Plastina and Johanns (2017) indicate that the custom rate for field cultivating is approximately $12. Custom rates cover the cost of machinery, fuel, labor and, occasionally, a product such as lime or bale wrap. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. Vertical tillage averages $19. 68 30,000 $114. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. 49 per acre, up 11 percent from the previous report. 80 $6. 00 26. The publication offers a range of rates for a variety of farming operations and will be useful to farmers, ranchers and custom operators. The main revision in the budgets is a reduction in the corn and soybean prices assumed for both 2023 and 2024, resulting in lower return and profitability projections. Of course, many states no longer do custom rate surveys. 96 per acre in 2020. Total 2018 Farm Bill KANSAS ARC-County Payments ; Total 2018 Farm Bill NATIONAL ARC-County Payments ; Kansas 2023/2024 ARC-County Payment Rates ; National 2023/2024 ARC-County Payment Rates ; Kansas 2022/2023 ARC-CO Payment Rates ; National 2022/2023 ARC-CO Payment Rates Most custom rates saw an increase of 10-15%. 2 Based on a $68,300 grain cart used on 1,900 acres. 83 17. The rate for conventional corn is $19. 98 per acre in 2022. The Ontario average custom rates are allocated across the six machinery-related expenses. This is up a tick from 2023, which had an average rate of $7. 4 %âãÏÓ 101 0 obj > endobj 121 0 obj >/Filter/FlateDecode/ID[973BC359063F1790B9544335EF3265CF>]/Index[101 48]/Info 100 0 R/Length 99/Prev 185483/Root 102 0 December 2024 Late Season Custom Farm Work Rates Page 3 DRYING GRAIN AND HAULING CROPS, HAY AND CATTLE STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation Basic Charge - 2024 2020 Average Rate 2024 as % of 2020 Extra Charge – 2024 Number of Reports Range In Rates Most Frequent Rate Reported Average Maximum Moisture Content Average Rate Number of Table 1. 80 $14. Liquid application ranged from $7. The state average for harvesting irrigated corn increased 14. Field Operations 2023 Department of Agricultural and Consumer Economics Custom Rates for Farm Services in Missouri T. 70 extra per bushel of wheat for yields greater than 27 bushels per acre. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. A range of rates is reported across the state from $10 to $48 per acre. expected to be $39 per acre ($0. Average farm custom rates reported for Iowa Operation 1978 1988 1998 2008 2016 2018 2019 2020 Chisel plowing, per acre $6. 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) Contact Us Support Local Business Advertise Your 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. The rates The client pays a rate per acre for each farming operation requested to be completed. 1% compared to $5,458 in 2023. 23 for each bushel %PDF-1. 98/hour. 10 from $24. Aug 8, 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. 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. Additionally, input costs and interest rates could change at any time. be $253 per acre ($1. Updated April 14, 2023; Farmland Leasing. 00 for a no-till planting custom operation reported in the 2024 report. 60 $6. 21 per bushel) higher than costs in 2021. 20. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. The rate for chopping corn silage was $116. 18 $3. Liquid spraying costs $7. 70 $16. At Merrell Bros. 01/31/25 United States cattle inventory down 1%. 00 Row markout with one product: 0-30 gal. As in past years, there are states that have updated their rate guides since a year ago. 60 $7. Experience is the best guide to help budget machinery costs. 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. 55 $19. Seeding rates for corn are 27,000 seeds per acre on low productivity soils and 33,000 seeds per acre on average and high productivity soils. Custom rates reports. Sep 17, 2021 · U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 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. Insects & Plant Disease. ) equals the gross return per acre. 75 / acre. Box 5068, Sioux Falls, SD, 57117-5068 605-323-6500 Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. Mar 20, 2023 · Combining corn shows an average of $41. 00 $12. 45 $17. The 2024 extra charge was higher, and the yield threshold was lower compared with the 2022 Included for each operation is the number of reports, range, most frequently reported, and average rates. custom rates report. The USDA reports that machinery values and labor costs have increased by about 23 percent and 18 percent, respectively, since our last custom rate survey in 2019. Resources. The custom rates for operations shown below should be considered only as a good starting point for setting a final rate, Langemeier urges. 90 $11. 78 per acre in 2024, up from $10. SHOP NOW. 10 per acre with the tool bar. 292 per bushel of grain sorghum for yields greater than 41 bushels per acre. Dec 5, 2024 · The average custom farming rates for corn and soybean production for 2024 are listed on the Iowa State Custom Rate Sheet; however, similar to the other custom rates, higher rates may be justified 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: Survey respondents include both providers and users of custom services, and data reflect the prices paid for typical farm and ranch custom operations. 00 per acre, with a range from $30 to $80 per acre. Table C. These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 00 Oct 30, 2024 · Many farm operations reach out to other farms to help fulfill production activities. Purdue Educators distributed Jan 14, 2025 · As an example, vertical tillage averaged $15. 50 23. per acre, an increase of $3. 40 $3. 75 $10. 40 $11. Combining1 Corn $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. Table 4. Mar 29, 2022 · The custom farming rates for corn and soybean production are expected to increase by about 1. , and labor for the 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. 46, comparable to the 2024 state average of $25. 80 $3. of Since 1975 Alberta Agriculture & Rural Development has annually surveyed custom rates and rental rates to provide information to farmers and custom operators. 70 per bale, with large round bales coming in at $13. Combining corn shows an average of $41. ). 90 $12. 1% from last year’s cash rental rate. 50. 25 per acre and increased to $15. , and labor for the Dec 3, 2009 · What would be a fair rate to charge. We are Chad and Pam Olsen, and together with our dedicated team, we proudly offer top-tier custom farming, combine rentals, and agronomy services. However, some These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 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. 12/23/24 United States Hog Inventory Up 1% Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. Maryland and Delaware released a custom rate survey earlier this year, while Ohio and New York released custom rate surveys last year and will likely update them in 2024. Purdue Extension educators and specialists developed the questionnaire. Which I think is pretty reasonable. 00 $5. Grain Cart. A “custom rate” is the amount agreed upon by both parties to be paid by the custom work customer to the custom work provider. For each type of work, the average rate from the survey, the median, and the range are shown. 80 $8. Taxes, housing, insurance, or licensing costs (THILM) not included. 95 Planting, no attachments, per acre $4. Average Fertilizer Rates. 20 $18. 9% to $47. 75 to $15. YT Home Page Help Articles Serial Numbers Tractor 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. For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. Dry bulk fertilizer application costs an average of $7. Ohio Farm Custom Rates . 1 Based on a 470 HP combine used on 2,500 acres. 2024 Nebraska Farm Custom Rates Report 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. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 97 from $27. O. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM cropland value from the survey is $6,119 per acre, an increase of 12. 50 for over 10gpa and did minimum $300 charge for jobs under 45 acres. Surveys were mailed/emailed to past 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. May 31, 2023 · So I ended up setting my rates for current customers at $6. Cash rent per acre in 2024 is expected to . 40 per acre Grain Cart 2 $15. 50 19. of Reports Average ($/Bushel) Above Bushels No. The adjusted rates are based on an expected$4. 23. 70 rvey . 50 193 96. 54 per acre, with the most common rate reported being $16. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. For each type of work, the average rate from the United States Department of Agriculture • Local Extension Councils Cooperating. 5. Find tactics for healthy livestock and sound forages. 50 $4. 90 per acre Iowa Farm Custom Rate Survey was mailed to 316 people by the US Postal Service and 237 people via email in mid-February 2023. 20 18. 86 $1. Adding miscellaneous income (straw, crop insurance, etc. 00 4 Field cultivating Dollars per acre $8. Charging custom rates at estimated costs should cover all costs, but will not generate a profit. 00 12. 3 tons of hay per acre per cutting and 55 small square bales per acre per cutting. Assumptions for the computed harvest include 1. 2024 TEXAS - National Agricultural Statistics Service Charging custom rates at estimated costs should cover all costs, but will not generate a profit. Michigan’s most recent custom farming rates report was released in December. Fuel was around $1. The top portion of each table shows income. Check the column for average rates from the same Purdue custom rates survey for 2017. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. For spraying, while the average is $8. The next portion of each table shows expenses on a per acre basis. 36$ 0. Labor has also become both a limiting and higher cost expense. According to the Iowa Farm Custom Rate Survey, the average custom rate for tillage in 2024 remains steady compared to previous years. The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. 00 per acre Grain Hauling 3 $0. As for fertilizer rates, dry bulk fertilizer averaged $7. Our custom farm rates are in line with the Purdue Custom Farming Rates. The rate for straight combining of small grains averaged $36. he rates reported in this guide summarize . 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. Median Custom Rate for Tillage: Chisel Plowing: $20. is often referred to as “custom farm work” or more simply, “custom work”. 60 per acre (Range = $75 – $275 per acre) Mar 26, 2024 · Iowa State Releases 2024 Custom Farming Rate Data rate of $13. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. Understand that custom rates are often negotiable. 71 21. 4% and 10. 40 $20. Based on the table, the average rate for planting no-till corn is $21. services. Mar 23, 2023 · Custom planting ranges from $12. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. 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. Row Crop Irrigation. 2024 Custom No-Till & Drilling Rates In 2024, no-tillers are charging anywhere from $13 to $42 per acre for custom no-tilling. 30 per acre, with a range of $12 to $31 per acre. Mar 27, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. , ton, bale, or bushel rather than per hour to reduce the variation due to machinery size. These rates are only intended as a guide. 40 $12. Farmers use custom rates as a guide for machinery, budgeting, and financial planning. 01 per acre, the range is from $6. The quality of data is dependent on the cooperation received by producers and commercial custom operators. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. Tandem disking costs an average of $16. All Dec 20, 2024 · Farm & Ranch . Spring planting, tillage and other custom rate numbers for the following items may be helpful for farmers as they settle up accounts. Jul 1, 2024 · Click here for PDF of the 2024 Ohio Farm Custom Rates. 20 per acre without attachments and increases to an average of $27 per acre for planting with a high-speed planter. 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. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. Contact Us New posts. 23 per acre last year, up from $81. Also (800) 853-2651. Few responses. Twenty percent of the respondents perform custom work, 14% 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. 18 $8. 40 $ Seed, Chemical, etc. The average price of top-quality farmland reached $14,392 per acre, a 4. Michigan State University Extension offers a custom work rates report that offers Michigan-based costs for a variety of common farm operations. These rates have increased since last year’s survey from $12. 50 for under 10 gpa, $7 for 10gpa and $7. 3% based on a USDA price index (described below). Scheduling and methods of irrigation. estimates are useful for determining custom rates and for analyzing machinery costs on farms. This publication reports custom rates based on a statewide survey. Tillage is an essential part of preparing the land for planting. 25 $11. Note that for spreading manure, there are seven responses and a charge of just over $15 per acre. Area Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. The survey of 67 custom operators and farmers from Maryland and Delaware — conducted by mail and online last fall — shows some significant increases in overall costs of planting, harvesting Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. 00 $6. , 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. Feb 10, 2025 · A user can evaluate up to three full-season crops, and the wheat double-crop soybean system. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors Jan 9, 2024 · Nick Paulson and Gary Schnitkey - Gary Schnitkey - Illinois crop budgets for 2024 have been revised from their initial release in August. , Inc. 23 for each bushel Section - 4 Oklahoma Agricultural Statistics (2024) Crop Production Summary – Oklahoma: 2023 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 Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 30 35,000 $133. is recommended that you use your records to derive your costs. 50 4 Stalk cutting/shredding Dollars per acre $7. Tips for shopping or setting rates Variable Cost, Overhead Cost, and Gross Revenue per Acre . Row markout: Dry row markout: no product applied 20. According to the Iowa Farm Custom Rate Survey, the average rate for corn combining is approximately $42. 00 21. 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. The information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. 00 $4. 67 20. 50 to $45 per acre, depending on the type of planter and setup. Where there are fewer than five responses, the ag economist advises caution using the data. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to North Dakota State University is distinctive as a student-focused, land-grant, research university. 5% compared to last year. 40 per acre Grain Hauling 3 $0. Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. Change in rate. 25 4 20. The average rate for baling medium large round bales is $12. 30 per acre and combining soybeans averages $39. Mar 28, 2023 · The 2023 custom farming rates for corn and soybean production are also expected to increase by about 10 to 12 percent compared to a year earlier, with an increase of nearly 20 percent in the past 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. Pick up know-how for tackling diseases, pests and weeds. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. id166_2025 - february 2025 Dec 27, 2023 · Neighboring states have continued doing custom rate surveys since the previous Pennsylvania survey was done. 85 711 $3. com. 70 Spraying, per acre $2. 38 $5. All rates are per acre unless otherwise noted. 23 $4. 80 $12. 70 per acre Soybean $44. 00 8 Custom Rates for Farm and Nov 4, 2024 · Calculating the total economic costs of providing a custom service, the tool’s insights reflect the cost of ownership of the tractor and implement, as well as the operating costs for the custom operation. Additional services such as GPS mapping or using a chopper head can increase rates slightly. 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. Current farmer return expectations are negative for both corn and soybeans across all Jan 26, 2024 · Check out Pa. of Reports Range Average No. More operations are highlighted in other articles. “Generally, 2024 custom rates are down slightly from 2023,” she notes. 40 $9. 70 + 1,000 x $35. The 2025 Custom Work Rates report covers a wide number of basic field machine operations. Soybean seed prices include Round-Up Ready® varieties. 23 for each bushel Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 99 per acre, or about $22 per acre. Also, per-acre costs and hours of annual use will likely vary for each producer and operation, so producers should use their own costs whenever possible. The average rate charged was $51/acre. 87 $1. 00 Indiana State Average Cash Rental Rates By Land Quality, 2000 – 2024 Source: Purdue Land Value and Cash Rent Survey 140 257 259 313 112 204 217 260 86 157 175 204 0 50 100 150 200 250 300 350 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 $/Acre Top Average Poor Purdue Commercial AgCast podcast, September 2024 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 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 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. Custom planting ranges from $12. 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. Adding 5 to 15 percent to estimated costs is appropriate for setting custom rates. 1 Based on a 470 HP Mar 3, 2025 · Pennsylvania and New York last updated custom farming rates in 2022. 35 $ Nitrogen, $0. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. Costs include overhead (depreciation, interest, insurance, housing and repairs), fuel and labor. 81 per 1,000 kernels 28,000 $106. If your machinery cost per acre is relatively high, then a farm should consider using a 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 Feb 28, 2023 · University of Maryland Cooperative Extension has just released its custom farming rates, and not surprisingly, prices are up — way up in some cases. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . Compare your costs for baling small squares vs. Any new customers I'm doing $7. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. The total economic cost of owning and operating the machinery for custom hire services can be a starting point for custom work rates. 08 $12. 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 18. 2. These numbers are average prices for the state. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. Sep 1, 2020 · The economic cost of harvesting soybeans is $32. 4. 7. Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. To view rates for a host of custom operations, click here. Rotation Corn in Indiana. Download 2024 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. 30 per acre (range: $15. 00 20. calculated by inflating the 2020 custom rates using two different inflation indexes. To see the full report for all operations, complete with all qualifying comments, visit 2021 Ohio rates. 00 $8. 00 - 7. 00 per gallon on-farm diesel fuel price Per Acre Basis Unless March 2022 Custom Rate Estimates based on $4. 00 $14. Fuel $30 No Till Corn $35/ acre - Inc. 81 per bale. Fuel Small grain no-till $27/ acre - Inc. The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. Animals & Forages. Adding a 15% profit increases the rate to $25. 26 per gallon. Forums. Survey participants needed. Farm bill, farm marketing, agribusiness webinars, & farm policy. "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. Yield multiplied by price equals the total production return per acre. 74 four years earlier. 00 per acre 2 $20. As for haying on shares, a common transaction here is baling on halves for lesser value stands of grass hay — not alfalfa. Table 1 shows historical prices for select operations. Compare your actual costs to custom rates. The 2024 Crop Budget Study was completed using a combination of surveys from custom hire businesses, seed cleaners, farm suppliers, crop advisors and growers. 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 Offset disking Dollars per acre $13. Including a grain cart and truck in the service can elevate the rate to $65 per acre. 00 30. 84 per acre for 2024, a 15. 00 $7. 80 18. 00-25. 15 $20. If you are interested in May 2, 2023 · Call it “sticker shock” for custom combining rates. This publication presents a summary of custom work and rental rates. 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 combining. Custom planting ranges from $11 to $40 per acre, depending on the type of planter and setup. 88 21. Labor rate used in calculation $27. 20 20. 75 $11. Postal Service and 633 people via email in February 2025. 20 $27. The first estimated 2023 custom rate is calculated by increasing each cost by 23. 65 18. “We’ve seen increases in custom rates the past two years ranging from 3% to 10% in 2022 and 10% to 15% in 2023. 00 per acre Soybean $11. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. For over three decades, we’ve cultivated strong relationships with farmers across the Midwest, driving forward with a commitment to excellence . 50 per pound 168 84. S. 90 per acre, an increase of 12. 40 18. 19 per acre. Has the rate changed over time? Yes. When spread over the same acres used to calculate farmdoc economic costs, the total average cost for custom combining is $90,650 (1,500 x $36. 00 25. 6 an acre. 02 to $10 per acre. 50 2 23. 40 $6. The 2024 report was published in the March edition of Ag Decision Maker and includes 130 responses and 2,805 custom rates provided by Iowa farmers, custom operators and farm Jun 24, 2014 · Custom Machine Work Rates Offered for Michigan. 00-30. 00 per acre. "Complete Sep 4, 2024 · 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. 85 $13. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. Ag Economics & Marketing. 65 per acre on average, while sidedressing is $12. 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. It involves breaking up the soil to create a suitable seedbed. 6. 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. The rates presented in this publication represent the responses of a statewide survey conducted from February to March 2013 by Mississippi State University Extension agricultural economists. 25 per acre in 2020. Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. 10 per acre Soybean $8. Also included are state level 2020 average rates, 2024 rates as a percentage of 2020, and historical comparisons back to 1998 for selected operations. Ohio will release its biannual custom rate report in May or June. 60 $18. 13 $6. , and labor for the 2004 custom rates United States Department of Agriculture — National Agricultural Statistics Service South Dakota Agricultural Statistics Service, P. 20 an acre and heavy or offset disking costs an average of $18. 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 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 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. If your machinery cost per acre is relatively high, then a farm should consider using a custom operator rather than replacing their own machine. University of Illinois Extension provides equal opportunities in programs and employment. Breakeven prices to cover variable and total cost are computed for each crop. Most of the rates are stated per acre, cwt. Chris Torres 2024-01-26 20:48:04. The 2025 MSU Custom Work Rates Report covers a wide number of basic field machine The tables are calculated on a per acre basis. Dollars per acre Dollars per acre. 28 per bale. The first Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. The total machinery cost per acre ($9. Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. Custom Rates for Wheat Harvest, 2022, by District District . 25 $6. 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 Apr 2, 2024 · The Iowa Farm Custom Rate Survey compiled more than 2,800 custom rates provided by 130 farmers, custom operators and farm managers. Units Seed, $3. 60 per acre. Pennsylvania released its report before the new year. 28 Corn $38. 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. 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. The cost for new and used machinery increased rapidly in the past 12 months per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. 25. custom rates. Feb 17, 2025 · Table 1 provides a sample of a few of the spring field operation rates included in the 2024 Nebraska Custom Rates report. yqlofhu tub isszfx nrmf gvsen udelp klb obffa wtotb salup ambxg kicymbs kcbk xsrzd ircbbne