Minnesota custom farming rates 2024 per acre pdf. Ohio Farm Custom Rates .

  • Minnesota custom farming rates 2024 per acre pdf , and labor for the Mar 28, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn: $152. 30 2. Dollars per hour Revised: June 2024 Corn- Corn- Soybeans- Soybeans- Double-after- after- after- after- Crop Soybeans Corn Corn Soybeans Wheat Soybeans Yield per acre 230 220 72 70 85 46 Price per bu $4. of Reports Average ($/Bushel) Above Bushels No. 80 0. 04 Rate per Acre Minimum 8. 06 per bushel. 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. 00 38 Liquid fertilizer Dollars per acre $7. 612-625-1964 cffm@umn. Hay baling (small square bales) $0. Farmland sales information for all Minnesota counties. Cash rent per acre in 2024 is expected to . The 2024 Crop Budget Study was completed using a combination of surveys from custom hire businesses, seed cleaners, farm suppliers, crop advisors and growers. 00 per acre, followed by Nobles at $61. Table C. 00-30. 50 $11. 10 per acre Soybean $8. This is up a tick from 2023, which had an average rate of $7. 28 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. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. 3 tons of hay per acre per cutting and 55 small square bales per acre per cutting. Twenty percent of the respondents perform custom work, 14% 2024 TEXAS - National Agricultural Statistics Service Tractor List -- Acres per -- per Tractor Implement Fuel Fuel Use Implement/size HP Price Hour Year Hour Total= Overhead + Overhead + & Lube + Labor Per Acre HP $ ac/hr ac/yr $/hr ----- $ per acre ----- gal. 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 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. Which I think is pretty reasonable. 80/bu. “Generally, 2024 custom rates are down slightly from 2023,” she notes. , and labor for the Apr 18, 2019 · Hauling grain (5-25 milies) $0. , The Agriculture Improvement Act of 2018 Review: Updated December 12, 2018; The Price Loss Coverage Option in the 2018 Farm Bill: Updated September 24, 2019; The Agricultural Risk Coverage: County Level (ARC-CO) Option in the 2018 Farm Bill: Updated September 17, 2019; Release of 2018 Farm Bill What-If Tool: Updated November 5, 2019 Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. Dollars per acre Dollars per acre. 00 - 7. 81 per bale, total time start to finish averages 1. 80 $11. 14 per bu. Others rent machinery or perform other services. gov The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. For more, visit farmprogress. Especially for forage crops, custom field work and harvesting is a common practice. 80 $14. 20 1. The statewide average per acre cash rent for poor-quality land, however, fell by 3. 71 $ 21. 30 $6. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. 30 Crop revenue $1,035 $990 $814 $791 $578 $520 ARC/PLC 0 0 0 0 0 0 Crop insurance proceeds 0 0 0 0 0 0 %PDF-1. 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. Pennsylvania released its report before the new year. 00-25. 70 0. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. Dec 10, 2021 · In this area average hay ground will produce 4. Cash rental rates are expected to hold . The range was $15. The MSU Custom Rates Worksheet is a pdf version of this calculator. The first This guide is a comprehensive reference to the basic ecology and identification of Iowa's wild mammals. Postal Service and 407 people via email in mid-February 2024. Experience is the best guide to help budget machinery costs. Custom rates reports. 70 These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 25 $11. 50 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. These Apr 24, 2024 · NAAC contracting prices survey 2024 The results of the survey are based on red diesel at 85p/litre and are likely to vary as input costs change, so contractors should add a fuel surcharge to $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 Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 30 $11. 50 18. 33 per bushel), which is similar to the 2023 cash rent per acre. The National Agricultural Statistics Service's mission is to serve the United States, its agriculture, and its rural communities by providing meaningful, accurate, and objective statistical information and services. As for fertilizer rates, dry bulk fertilizer averaged $7. More operations are highlighted in other articles. Low Rate. 00 per acre. Twenty percent of the respondents perform custom work, 16% May 31, 2023 · So I ended up setting my rates for current customers at $6. 80 $3. , and labor for the Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. 1 Based on a 470 HP combine used on 2,500 acres. S. Nov 21, 2023 · Check grain bins. 00 21. 00 - $125. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors Custom Rates for Farm Services in Missouri T. The rates Custom rates cover the cost of machinery, fuel, labor and, occasionally, a product such as lime or bale wrap. 00 per acre (Range = $70. 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 $11 or more per acre. 6 882 197. Custom Rates – Crop and pastureland lease and rental; Custom Rates – Field operations; Custom Rates – Grain harvesting operations; Custom Rates – Hay and silage operations; Custom Rates – Livestock 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. 28 per bale. 50 5. 40 18. May 2, 2023 · Call it “sticker shock” for custom combining rates. We charge $28 per acre which is just swathing with a JD W150 and 18ft header and baling with 5x6 round baler. 71 21. The Ontario average custom rates are allocated across the six machinery-related expenses. 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 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. The state average for harvesting irrigated corn increased 14. 00 per rented acre United States Department of Agriculture National Agricultural Statistics extra per bushel of wheat for yields greater than 27 bushels per acre. Purdue Educators distributed Mar 27, 2024 · This charge, prepared by Kent Thiesse, shows "median" custom rates for some common farming practices for 2024 as well as the range of custom rates listed, based on the Iowa Farm Custom Rate Survey. of Reports Range Average No. 68 30,000 $114. 00 12. Farmers use custom rates as a guide for machinery, budgeting, and financial planning. 25 per acre applied. Plus sign (+) if content is closed, 'X' if content is open. 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. Sierra Day , Field editor United States Department of Agriculture • Local Extension Councils Cooperating. 7 cropland value from the survey is $6,119 per acre, an increase of 12. 50 Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. 45 19. Charges for custom feeding, commodity storage, leasing buildings and bin rental rates. These rates Cooperating with the Pennsylvania Department of Agriculture Northeastern Regional Field Office 4050 Crums Mill Rd, Suite 203 Harrisburg, PA 17112 (717) 787-3904 www. 23 for each bushel Mar 26, 2024 · Iowa State Releases 2024 Custom Farming Rate Data Injecting anhydrous without a tool bar had an average rate of $13. Soybean seed prices include Round-Up Ready® varieties. 40 $11. They remove the bales. Fuel $30 No Till Corn $35/ acre - Inc. 00 $10. 60 per acre (Range = $75 - $275 per acre) Soybeans: $139. 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. 00 - $21. 2. 60 2. 30 per acre and combining soybeans averages $39. Table 1 shows historical prices for select operations. Area USDA National Agricultural Statistics Service Information. edu custom rates. The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. It . 00 Row markout with one product: 0-30 gal. 1 Custom $ per acre: Represents the rate obtained from surveys of actual farm data surveys for 2014 & 2015 from Universities listed below to do this type of Unit Average Rate Low Rate Median Rate High Rate Number Reporting Dry bulk fertilizer Dollars per acre $7. 18 $3. 21 ft. , and labor for the This publication is only a guide. Hay typically runs a ton per acre or less on the dryland grass. Corn. These values reflect the cost of ownership of the tractor and implement, as well as the operating costs for the custom operation. 00 - $105. Breakeven prices to cover variable and total cost are computed for each crop. “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 Grain Hauling 3 $0. 97 from $27. 4. The Cost Study is from the perspective of a commercial custom farm operation. 35 $ Nitrogen, $0. Postal Service and 633 people via email in February 2025. 25 per acre. Units Seed, $3. Between 2020 and 2024, average cash rents in Illinois Dollars per acre Dollars per acre. 08 $12. Ohio Farm Custom Rates . Farm tasks in the report include everything from planting to harvest, with cost data that reflects the average, median and range for each task. 81 per bale. Agriculture due to the abundance of information we produce. 00 181 90. 00 Jul 18, 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. Weighted average r ental rates are listed by county for each year. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. 20 $27. 00 30. 38 $5. 00 $14. 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. 00 26. 90 $11. 1 Based on a 470 HP For spraying, while the average is $8. Custom Rates for Wheat Harvest, 2022, by District District . farm real estate value – the value of all land and buildings on farms – averaged $4,170 per acre in 2024, an increase of $200 per acre from 2023. Number Reporting. The average flat rate in 2024 for harvesting wheat was $31. Less than 100 hp. "Complete Page 4 Early Season Custom Farm Work Rates August 2024 OTHER CUSTOM WORK AND HISTORICAL DATA OTHER CUSTOM WORK, STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation 2024 20 Average Rate 24 as Percent of 2020 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate can list your anticipated 2024 land rent. Edited by Steiger Man 8/4/2017 09:07 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. 00 $25. 95 per acre, an increase of $3. 77 $1. Average Rate. 96 per acre in 2020. Todd Kuethe, Professor and Schrader Endowed Chair in Farmland Economics. 50 to $45 per acre, depending on the type of planter and setup. The information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. The custom rates for operations shown below should be considered only as a good starting point for setting a final rate, Langemeier urges. 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 Dec 27, 2023 · 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. 50 per acre Soybean $33. 40 $12. Indiana per acre cash rent for top quality land increased by 2. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. Field Operations 2023 Department of Agricultural and Consumer Economics per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. 75-2 hours per acre. 3% to $313, and per acre cash rent for average quality land increased by less than one percent to $260. id166_2025 - february 2025 The growth rate of Indiana farmland prices is expected to moderate in 2024. 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 We put up 360 acres of hay for two different neighbors. 00 20. 7. Current forward cash prices for fall delivery of the Tractor Rental (Excludes cost of operator and fuel) Unit. 87 $1. 2 Based on a $68,300 grain cart used on 1,900 acres. This publication reports custom rates based on a statewide survey. 60 per acre (Range = $75 – $275 per acre) Dec 10, 2024 · The MSU Custom Rates Calculator spreadsheet is available for more in-depth evaluation of individual costs for custom operation. . University of Illinois Extension provides equal opportunities in programs and employment. Pasture rental rates, tree timber values. 75 $10. 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. calculated by inflating the 2020 custom rates using two different inflation indexes. In bold, you can see how much is left to cover land rent and owner (labor and management charge). 70 6. 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. 98 per acre in 2022. 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. The Iowa Farm Custom Rate Survey was mailed to 394 people by the U. O. The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020. 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. Grain auger use (on farm) $0. farmland. To compile this report, rental rates are . Apr 5, 2001 · With custom farming, a person with machinery provides a prescribed list of tillage, planting, cultivating and harvesting operations for a set dollar amount per acre. com. 73 11 $20. 20 20. 2025 North Valley ND Projected Crop Budget - Excel. 00 - $90. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. 62 per acre. Harvesting forages. Purdue Extension educators and specialists developed the questionnaire. iastate. We only included rates more specific to the dairy industry. Farmland Values using rates where only 1-2 states were included in the calculation. 6 882 268. Surveys were mailed/emailed to past Most custom rates saw an increase of 10-15%. MB Plow $37/ acre $ 47 26% Disc $24/ acre $ 30 26% 2024 Custom Rates Survey in our Better Farming article from 2023 and find our contractor members at opaca. Box 5068, Sioux Falls, SD, 57117-5068 605-323-6500 Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. Grain Cart. Median Rate. Average estimated Indiana land value and cash rent per acre (tillable, bare land) 2023 and 2024, Purdue Land Value Survey, June 2024. Harvesting and hauling Ohio rates. 00 per cow unit per month, depending upon pasture quality. 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. Feb 10, 2025 · A user can evaluate up to three full-season crops, and the wheat double-crop soybean system. The For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. Non-Irrigated Cropland Cash Rent – Minnesota: 2024 State Average: $200. 10/bu. 65 18. Pasture grazing rents have ranged from $15. Ohio will release its biannual custom rate report in May or June. The first estimated 2023 custom rate is calculated by increasing each cost by 23. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. Windrowing hay $15. The average rate charged was $51/acre. 1% from last year’s cash rental rate. Helpful Links. 34 services. 00 per acre 2 $20. The MSU Custom Rate Calculator Tool calculates the total economic costs of providing a custom service. 52 $4. 2025 Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. he rates reported in this guide summarize . 90 per acre, an increase of 12. Actual custom rates will be determined through the supply and demand for services within localized markets Oct 30, 2024 · The MSU Custom Rates Worksheet is a pdf version of this spreadsheet with which the value can be calculated by hand. for corn and $10. 30 9. The agency has the distinction of being known as The Fact Finders of U. 21 ft 205 47,440 12. be $253 per acre ($1. 00 above last Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 00 $6. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. At the state level, average value in 2024 ranged from $700 per acre in New Mexico to $22,000 in Rhode Island. 13 $6. 70 1. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 00 per acre according to the USDA, National Agricultural Statistics Service. 50 per acre base price plus $150/hour travel time. Variable Cost, Overhead Cost, and Gross Revenue per Acre . As a final note, these rates are published to provide a baseline for estimating reasonable custom machinery rates in Kentucky (as well as estimating production costs). is recommended that you use your records to derive your costs. 30 35,000 $133. 70 per acre Soybean $44. Offset disking Dollars per acre $13. 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. 00 per acre, $2. 25. A “custom rate” is the amount agreed upon by both parties to be paid by the custom work customer to the custom work provider. 18 $8. ). 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. 2024 Farmland and Cash Rent Outlook. 10 per acre with the tool bar. Herbicide and seed costs are expected to be similar to Pipestone had the highest published pasture cash rent at $63. 81 per 1,000 kernels 28,000 $106. 85 711 $3. There are both higher and lower rents than listed here and is subject to local demand and supply. 00 $7. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Mar 17, 2025 · 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 managers. 50 $4. Feb 8, 2011 · Included in this report are rates for land tillage, seeding, fertilizer and pesticide application, haying operations, harvesting operations, drying grain, hauling crops, custom farming and several per acre, an increase of $3. 9% to $47. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. net! 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. 50 for over 10gpa and did minimum $300 charge for jobs under 45 acres. If your machinery cost per acre is relatively high, then a farm should consider using a custom operator rather than replacing their own machine. 14 $1. 00 per acre Jun 10, 2021 · Related: Purdue issues custom rates for field operations. 75 $12. Has the rate changed over time? Yes. 99 per acre, or about $22 per acre. Mar 28, 2024 · Custom farm rates are expected to remain unchanged for 2024. 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. The 134 page booklet contains full species account for 57 species found in Iowa today, and supplemental material about extirpated or rare species, living alongside mammals and scaled comparisons highlighting the wide variety of shapes and sizes of Iowa's mammals. Combining corn shows an average of $41. 70 per bale, with large round bales coming in at $13. 00 25. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. 75 / acre. The rate for conventional corn is $19. 65 per acre (Range = $70 - $275 per acre) 2024 Nebraska Farm Custom Rates Report 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. 50 for under 10 gpa, $7 for 10gpa and $7. Few responses. 80 15. 83 17. 00 per acre Soybean $11. 00 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. The 2024 report, which can be viewed online , was published in the March edition of Ag Decision Maker and includes 130 responses and 2,805 custom rates provided by Iowa May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. Data Source . 13 $20. Each set of budgets are developed for a multi-county region. for soybeans (as of 10-01-24). 205 64,286 12. Here in Central WI plow parts wear very fast in sand. Twenty percent of the respondents perform custom work, 16% View historical data on cropland rental rates for Minnesota regions and counties. Non-irrigated cropland rent averaged $200. Change in rate. For each type of work, the average rate from the survey, the median, and the range are shown. "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. 19 per acre. The average rate for baling medium large round bales is $12. rvey . Table 4. Louis County had the lowest pasture cash rent at $7. $130 per acre (range = $75 - $250 Nov 2, 2023 · Rates in different areas of Michigan may be higher or lower than the state average depending upon several factors. 67 20. 20 18. 40 per acre Grain Cart 2 $15. of Corn $38. 36 to $28. 2025 North Valley ND Projected Crop Budget - PDF. For each type of work, the average rate from the North Dakota State University is distinctive as a student-focused, land-grant, research university. 68 per bale Iowa Farm Custom Rate Survey was mailed to 316 people by the US Postal Service and 237 people via email in mid-February 2023. edu 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. 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. is often referred to as “custom farm work” or more simply, “custom work”. extension. Liquid application ranged from $7. 1% compared to $5,458 in 2023. 00 14 Many Iowa farmers hire some custom machine work in their farm business or perform custom work for others. Fuel Broadcast Seeding $16 - $20 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 Sep 4, 2024 · 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to Statewide, cash rents exhibited little change from 2023 to 2024 (Table 3). Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. 20 7. 31 per bushel at 180 bushels per acre and to $5. estimates are useful for determining custom rates and for analyzing machinery costs on farms. 2025 Michigan State University Custom Work Rates Acres/hr Acres/yr Fuel Other Tillage 0 $0 - - $ - Chisel Plow 23 Ft 200 HP MFWD $59,500 11. Jan 9, 2024 · If the cash rental rate or other expenses are $50 per acre higher than estimates, breakeven levels increase to $6. 50 19. 25 4 20. The 2025 Custom Work Rates report covers a wide number of basic field machine operations. 10 per bu. The 2023 data also includes Aug 29, 2023 · Center for Farm Financial Management University of Minnesota 130 Ruttan Hall, 1994 Buford Avenue St. Understand that custom rates are often negotiable. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. 00 4 Field cultivating Dollars per acre $8. 50 4 Stalk cutting/shredding Dollars per acre $7. 21 per bushel) higher than costs in 2021. If you are interested in Apr 11, 2007 · Following are the average custom rates for some common farming practices for 2007, based on the Iowa Farm Custom Rate Survey: Custom Farming Rates: (Includes tillage, planting and harvesting costs) · Corn – $89. The average price of top-quality farmland reached $14,392 per acre, a 4. 00 8 Custom Rates for Farm and Mar 29, 2022 · One of the best resources for average custom rates is the annual Iowa Farm Custom Rate Survey that is coordinated and analyzed by Iowa State University. Most of the rates are stated per acre, cwt. Other expenses include marketing, hedging, drying, operating interest and other. The land rental data shown in the data tables is extracted from , a database of farm recordFINBIN summaries of over 2,000 Minnesota farms. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge or pay. Farm Real Estate Value U. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. 36$ 0. 40 $ Seed, Chemical, etc. PAER-2024-09. All Use this decision tool to access average custom rates reporting on the annual ISU Custom Rate Survey from 2000 through the current year. Mar 20, 2024 · trebfms - 3/20/2024 14:55 . 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. 54 $4. 23 $4. Low acres per hour so you use lots of fuel and labor per acre. extra per bushel of wheat for yields greater than 27 bushels per acre. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. St. Rotation Corn in Indiana. A3-13 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 The 2024 crop budgets provide an estimate of revenues and costs for selected crops. 00 per acre, or 20 - 70 cents per cow unit per day, or $8. usda. 20. 85 711 $2. 86 $1. Due to the high cost of investment in farm machinery, an ever-increasing number of farm operators are hiring other farm Each year, eHay Weekly offers readers a one-stop shop for accessing custom fieldwork rate information from those states that have done surveys in the past few years. Mar 27, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. 5. 84 per acre for 2024, a 15. 83 $7. 5-5 4x5 bales per acre for spring cutting and 2. 7%, respectively. 00) · Small Grain – $64. 23 for each bushel Grand Forks, Pembina, and Walsh counties. 50. 75 $11. For no-till corn, 32 people responded. Custom Rates 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. The information below is based on 130 responses and 2,805 Estimated Farmland Sale & Cash Rent Values - 2024 Below are summaries of survey results from participants around Indiana polled on average Indiana land sale and rent rates. 50 2 23. 16 per bushel. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. 53 $3. Oct 24, 2024 · USDA is estimating the MYA average prices for the 2024-25 marketing year at $4. 50 193 96. Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. Pastureland rental rates Tractor List -- Acres per -- per Tractor Implement Fuel Fuel Use Implement/size HP Price Hour Year Hour Total= Overhead + Overhead + & Lube + Labor Per Acre HP $ ac/hr ac/yr $/hr ----- $ per acre ----- gal. 50 23. Custom planting ranges from $12. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . 90 Moldboard plowing / acre 18. 85 $11. 90 $12. 6. The farmers participate in the Minnesota State College Farm Business Management program as well the Southwest Minnesota Farm Business Management Average Fertilizer Rates. 00) · Soybeans – $79. Fuel Small grain no-till $27/ acre - Inc. Paul, Minnesota 55108. 15 per acre and for soybeans is $68. 01 per acre, the range is from $6. A3-12: Determining the Custom Operator's Share of the Crop Use this decision tool to compute an equitable share of the crop to give the custom operator instead of a cash payment. highest increase in pasture value per acre at 10. 73 $4. steady or increase in 2023. , and labor for the 2004 custom rates United States Department of Agriculture — National Agricultural Statistics Service South Dakota Agricultural Statistics Service, P. 7 Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. 80 $12. Note that for spreading manure, there are seven responses and a charge of just over $15 per acre. Where there are fewer than five responses, the ag economist advises caution using the data. 88 21. nass. 45 $17. 50 per pound 168 84. 80 18. 25 per acre and increased to $15. High Rate. 2024 North Valley ND 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). Historical rental data is included for the years 2019 through 2023. , 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. The quality of data is dependent on the cooperation received by producers and commercial custom operators. 00 11 Bed disking (hipper) Dollars per acre $10. The information below is based on 122 responses and 3,389 custom rates provided by Iowa farmers, custom operators, and farm managers. Current average rate. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. Assumptions for the computed harvest include 1. 7% to $204. Combining1 Corn $50. The average is calculated as the simple average of all responses. The next portion of each table shows expenses on a per acre basis. 75-2 gallons per acre, sisal twine at 15 wraps per bale cost $. 00 6. 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. 00 $4. Download 2024 Custom Rates Report Jul 30, 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. 68 per bushel at 200 bushels per acre. Costs include overhead (depreciation, interest, insurance, housing and repairs), fuel and labor. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM May 29, 2024 - Beef with a business mindset (Farm Progress) April 24, 2024 - Are you overspending on fertilizer? (University of Minnesota Extension) April 16, 2024 - Dramatic drop in Minnesota farm incomes (Farm Progress) April 10, 2024 - Drop in Minnesota Farm Profitability Similar to a Decade Ago (Brownfield Ag News) March 1, 2024 - The historical land rental rates and expenses for thousands of acres of Minnesota in Minnesota. According to the Iowa fact sheet, the average custom farming rate for corn is $75. To see the full report for all operations, complete with all qualifying comments, visit 2021 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 Cropland cash rent paid to Minnesota landlords in 2024 averaged $200. 50 Production Operations: 2024 Custom Rates This is a budget tool, not a pricing tool. Row markout: Dry row markout: no product applied 20. 2025 MSU Custom Work Rates Report Summary . expected to be $39 per acre ($0. 6%. Any new customers I'm doing $7. 4% and 10. News 27 March 2024 Clover/Alfalfa Acre 22. 40 21. 00 per acre (Range = $65. 90 per acre. 37 $4. 40 per acre Grain Hauling 3 $0. 00 $12. , and labor for the Apr 5, 2001 · With custom farming, a person with machinery provides a prescribed list of tillage, planting, cultivating and harvesting operations for a set dollar amount per acre. Additionally, input costs and interest rates could change at any time. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. 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. This worksheet is also included in the 2025 MSU Custom Work Rates Report publication. 23. use published custom rate surveys. 02 to $10 per acre. 10 from $24. 3% based on a USDA price index (described below). 5-3 bales per acre for 2nd cutting For my tractors total fuel usage to cut, ted, rake and bale is 1. 8% increase from June 2023. Most corn and soybean producers across the Midwest completed the 2023 harvest season somewhat early and may now need to pay close attention to grain that is stored in on-farm 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. 40 per acre. Based on the table, the average rate for planting no-till corn is $21. zdjm uvycwc glujt mrnl pmxs kran dwwi uhjy jvrc hqelroh sjuyzwa exvc yah ledlxnp nocsf
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