Minnesota custom farming rates 2024 per acre 2022. 99 per acre, or about $22 per acre.

Minnesota custom farming rates 2024 per acre 2022 Custom Rates for Wheat Harvest, 2022, by District District . The total machinery cost per acre ($9. Custom planting ranges from $12. Corn: $130 per acre (range = $75 North Dakota State University is distinctive as a student-focused, land-grant, research university. services. for corn and $10. These Average Fertilizer Rates. The rate for conventional corn is $19. 00 with chopper Mar 22, 2023 · Combining corn shows an average of $41. 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 · Nearly 1,400 respondents provided information on various custom farming rates in their area after the conclusion of the 2022 growing season. 09, up $7. The survey is administered through the K-State Land Use Survey Center and will be open through April 30, 2024. “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 Row markout with one product: 0-30 gal. These 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. 30 35,000 $133. Table 1 shows historical prices for select operations. 20 1. 00 $6. 50 2 23. 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 Since 1975 Alberta Agriculture & Rural Development has annually surveyed custom rates and rental rates to provide information to farmers and custom operators. 13 $6. 19 per acre. 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. 00 per cow unit per month, depending upon pasture quality. 06 per acre, an increase of $3. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. , and labor for the Sep 3, 2024 · The National Agricultural Statistics Service (NASS) reported the average cash rent for Illinois in 2024 at $269 per acre, up by $10 per acre from $259 per acre for 2023 (see Figure 2). The 2023 data also includes Nov 21, 2023 · Check grain bins. 75 $11. Experience is the best guide to help budget machinery costs. 12 9. Liquid application ranged from $7. 41 22. 00 6. usda. 50 5. 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. 33 per bushel), which is similar to the 2023 cash rent per acre. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. 20 $27. The average price of top-quality farmland reached $14,392 per acre, a 4. 1 bushels per acre, which is a record. Custom Machinery Rates Applicable to Kentucky (2022) Author: Greg Halich, Associate Extension Professor. Jan 24, 2024 · MANHATTAN, Kan. Mar 27, 2023 · Following are the average custom rates for some common farming practices for 2023, as well as the (range) of custom rates listed, based on the “Iowa Farm Custom Rate Survey” …… Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. Thank you to those who provided information — even if it was just for one activity. 00 per acre according to the USDA, National Agricultural Statistics Service. Pasture rental rates, tree timber values. 21 ft 205 47,440 12. 63 47. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. 30 per acre and combining soybeans averages $39. Row markout: Dry row markout: no product applied 20. ca. 00 - $90. Mar 15, 2022 · With everything going up what's everyone's thoughts on rates you'll all be charging for 2022. Charges for custom feeding, commodity storage, leasing buildings and bin rental rates. The farmers participate in the Minnesota State College Farm Business Management program as well the Southwest Minnesota Farm Business Management Association. More operations are highlighted in other articles. The first 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 Oct 24, 2024 · USDA is estimating the MYA average prices for the 2024-25 marketing year at $4. St. 20 18. 21 per bushel) higher than costs in 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 Grand Forks, Pembina, and Walsh counties. Field Operations 2023 Department of Agricultural and Consumer Economics Planting with coulters, without band applicator, rate per acre 20. Cash rent per acre in 2024 is expected to . 50 18. Jan 9, 2024 · If the cash rental rate or other expenses are $50 per acre higher than estimates, breakeven levels increase to $6. 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. Jul 18, 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. According to the Iowa fact sheet, the average custom farming rate for corn is $75. 50-$4. 3 tons of hay per acre per cutting and 55 small square bales per acre per cutting. Ohio Farm Custom Rates. Current forward cash prices for fall delivery of the Jan 26, 2024 · Check out Pa. The 2024 custom farming rates Nov 21, 2022 · Sometimes, it can be difficult to arrive a fair custom rate for the certain farming practices, or for the use of various pieces of machinery. 02/13/24 2022 Census of Agriculture Data Release Event. For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 1% compared to $5,458 in 2023. The “Ohio Farm Custom Rates 2022” publication reports custom rates based on a statewide survey of 223 farmers, custom operators, farm managers, and landowners conducted in 2022. 2022 Cost to Produce Corn and Soybeans in Illinois: The total of all economic costs per acre for growing corn and soybeans in Illinois. Historical rental data is included. 2025 Mar 29, 2022 · Average 2022 farm custom rates for some typical tillage, planting and harvesting practices, as well as custom farming rates, are listed in the adjoining table. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. Custom Charge ($/field) Type and Depth of Probe Notes S All Counties $10. 30 2. 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 Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. com. 00 - $21. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. Commodity price probabilities for corn, soybeans, alfalfa hay, straw, grass hay, hogs and cattle. Check the column for average rates from the same Purdue custom rates survey for 2017. Mar 25, 2024 · Following are the “Median” custom rates for some common farming practices for 2024, as well as the (range) of custom rates listed, based on the “Iowa Farm Custom Rate Survey. 00 21. The report covers a wide number of basic field machine operations, and provides a summary of the estimated costs of these operations based on the University of Minnesota’s Machinery Economic Cost Estimates worksheet. Agriculture, Agricultural. 36$ 0. Weighted average rental rates are listed by county for each year. Compare your costs for baling small squares vs. The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. Non-Irrigated Cropland Cash Rent – Minnesota: 2024 State Average: $200. 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. As for fertilizer rates, dry bulk fertilizer averaged $7. The 2024 flat rate charge per acre was $39. annual hours of use, Averaging the lifetime 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. Kevin Pautler, deputy regional director for NASS in the Northeast, says about 4,000 surveys were mailed, with responses submitted via an online portal. 7% to $204. 7%, respectively. 50 per bushel for soybeans at many locations in the Upper Midwest. 40 $ Seed, Chemical, etc. 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 2021 Indiana Farm Custom Rates Combine Only $/acre 41 29. 90 per acre, an increase of 12. 50 23. 20. Historical rental data is included for the years 2019 through 2023. 2024 North Valley ND Pipestone had the highest published pasture cash rent at $63. 50 to $45 per acre, depending on the type of planter and setup. 99 per acre, or about $22 per acre. 7 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. Data Source . 34 from the 2022 crop year. 00 per acre ($40. 10 from $24. 77 $1. 23 $4. Twenty percent of the respondents perform custom work, 16% May 2, 2023 · Call it “sticker shock” for custom combining rates. Across the state, the extracted from , a database of farm recordFINBIN summaries of over 2,000 Minnesota farms. Base Rate with Extra Charge for High Yield (if any) Flat Rate 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. Between 2020 and 2024, average cash rents in Illinois Most custom rates saw an increase of 10-15%. 2025 North Valley ND Projected Crop Budget - PDF. Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. farmland. 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 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. 25 per acre. 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. If we examine these crops separately, the machinery cost per acre in 2023 would be $186 for corn and $116 for soybeans. custom rates report. Herbicide and seed costs are expected to be similar to Dec 5, 2024 · Based on the 2022 U. The MSU Custom Rates Worksheet is a pdf version of this calculator. 87 $1. Ohio will release its biannual custom rate report in May or June. 18 13% Combining Irrigated Corn, flat rate per acre 41. 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. News 27 March 2024 Aug 29, 2017 · Langemeier (2017) and Plastina and Johanns (2017) indicate that the custom rate for field cultivating is approximately $12. We cannot statistically project future rental rates. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. 39 23. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. The report also lists hourly rates for tractor rentals, as well as farm Aug 29, 2023 · Center for Farm Financial Management University of Minnesota 130 Ruttan Hall, 1994 Buford Avenue St. 28 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 $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 May 23, 2023 · In 2022, operator and land return was $609 per acre, and average FBFM cash rent was $358 per acre, leaving a farmer return of $251 per acre ($251 = $609 – $358). 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. Custom planting ranges from $11 to $40 per acre, depending on the type of planter and setup. ). , and labor for the Jul 23, 2018 · The fact sheet includes custom rates averaged from all the surveys, as well as maximum and minimum rates reported. 83 17. 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. Helpful Links. 18 $3. Purdue Educators distributed 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. 00 per acre, or 20 - 70 cents per cow unit per day, or $8. This page provides a historical perspective on rental rates paid by a group of Minnesota farmers and trends in those rental rates over the past five years. — The Kansas Department of Agriculture is seeking feedback from Kansans for the 2024 Custom Rates Survey to collect information on rates paid for agricultural custom work. 04 Rate per Acre Minimum 8. Other custom machine work rates are available on the respective MSU or OSU custom rates webpages. Updated April 14, 2023; Farmland Leasing. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. 67 35. This worksheet is also included in the 2025 MSU Custom Work Rates Report publication. wheat in 2024, $4. 50 per pound 168 84. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 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. 53 $3. nass. Both Michigan State University (MSU) and Ohio State University (OSU) custom rate numbers are 2022. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. 45 $17. Olmsted County had the record per acre sale at $19,286. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. Here in Central WI plow parts wear very fast in sand. If you are interested in 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. , and labor for the Farmers use custom rates as a guide for machinery, budgeting, and financial planning. All Custom rates survey : field operations Spring report 2009 More information Download Downloads: 4; Custom rates survey : field operations Fall report 2008 More information Download Downloads: 3; Custom rates survey : field operations Spring report 2008 per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. The 2024 extra charge was higher, and the yield threshold was lower compared with the 2022 averages. The custom rates for operations shown below should be considered only as a good starting point for setting a final rate, Langemeier urges. “Generally, 2024 custom rates are down slightly from 2023,” she notes. Rotation Corn in Indiana. Low acres per hour so you use lots of fuel and labor per acre. Custom rates reports. In bold, you can see how much is left to cover land rent and owner (labor and management charge). 00 Jul 2, 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 information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. 02/13/24 How to Find 2022 Census of Agriculture Data. The average rate for baling medium large round bales is $12. 30 per acre, with a range of $12 to $31 per acre. 00 $14. The numbers listed are weighted averages. large round bales. 50 Variable Cost, Overhead Cost, and Gross Revenue per Acre . 1% from last year’s cash rental rate. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. 3% based on a USDA price index (described below). 00 TM probe 0-12" depth Basic 4 nutrients; lab fees included; single depth; with purchase of product S Cardston $100. 6 882 197. The statewide average per acre cash rent for poor-quality land, however, fell by 3. 81 per 1,000 kernels 28,000 $106. 07/16/21 What is a Farm? 08/05/20 The NASS Mission: We do it for you can list your anticipated 2024 land rent. Twenty percent of the respondents perform custom work, 16% Vertical tillage averages $19. Download 2024 Custom Rates Report Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. historical land rental rates and expenses for thousands of acres of Minnesota in Minnesota. 20 an acre and heavy or offset disking costs an average of $18. , and labor for the May 2, 2024 · Custom rate charges should also cover noncash costs, including unpaid operator labor and machinery depreciation. Labor has also become both a limiting and higher cost expense. 70 per bale, with large round bales coming in at $13. 07/16/21 What is a Farm? 08/05/20 The NASS Mission: We do it for you Total 2018 Farm Bill KANSAS ARC-County Payments ; Total 2018 Farm Bill NATIONAL ARC-County Payments ; Kansas 2023/2024 ARC-County Payment Rates 2022 Annual Report on Minnesota Farm Finances cropland value from the survey is $6,119 per acre, an increase of 12. Newest rates published I have found is from 2020, do not really apply since everything has more than doubled since then. The machinery cost for the case farm is $152. 90 per acre. Sierra Day , Field editor PENNSYLVANIA’S 2022 MACHINERY CUSTOM RATES REPORT _____ Cooperating with the Pennsylvania Department of Agriculture Northeastern Regional Field Office 4050 Crums Mill Rd, Suite 203 Harrisburg, PA 17112 (717) 787-3904 www. Jun 10, 2021 · Related: Purdue issues custom rates for field operations. The farmers participate in the Minnesota State College Farm Business Management program as well the Southwest Minnesota Farm Business Management 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. For more, visit farmprogress. S. To see the full report for all operations, complete with all qualifying comments, visit 2021 Dollars per acre Dollars per acre. 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. In 2024, harvesters chargedan average of $0. Census of Agriculture, 85% of all farms in the U. This could be the case in a year such as 2022 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 Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 73 11 $20. Custom Rates for Grain Sorghum Harvest, 2024, by District District Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Mar 17, 2025 · 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. , and labor for the These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 92. As for haying on shares, a common transaction here is baling on halves for lesser value stands of grass hay — not alfalfa. 83 $7. is recommended that you use your records to derive your costs. 35 $ Nitrogen, $0. Customer could pick up from field. I used to charge $2 per bale to swath, rake and bale. 2025 MSU Custom Work Rates Report Summary . 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. 90 $11. The base rate bushels increased in 2022 for wheat harvesting compared to that reported in 2020. These rates are only intended as a guide. 37 $4. Area Iowa Farm Custom Rate Survey was mailed to 316 people by the US Postal Service and 237 people via email in mid-February 2023. 00 / acre Statewide, cash rents exhibited little change from 2023 to 2024 (Table 3). 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. 00 26. Postal Service and 633 people via email in February 2025. 68 30,000 $114. 612-625-1964 cffm@umn. The quality of data is dependent on the cooperation received by producers and commercial custom operators. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. Pennsylvania released its report before the new year. Dec 13, 2023 · Current forward cash prices for Fall delivery in the 2024 crop year are near $4. The survey summary lists the average custom rate, as well as a range, for various tillage, planting, fertilizer and chemical application, grain harvesting, and forage harvesting functions on the farm. 3. 28 per bale. 25 4 20. 00 per acre. 30 from the 2022 average. As noted above, the $151 per acre figure represents an average for corn and soybeans. Non-irrigated cropland rent averaged $200. " Actual custom rates may vary according to availability of machinery in a given area, timeliness, operator skill, field size and shape, crop conditions, and the performance characteristics of the machine being used. Paul, Minnesota 55108. 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. 85 $11. 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 custom rates. The rates Mar 20, 2024 · trebfms - 3/20/2024 14:55 . 25 per acre applied. 00 $4. 2024/2025 Cost of Production Farm Machinery can have a large impact on the suggested rental and custom rates (e. 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. 31 per bushel at 180 bushels per acre and to $5. The information below is based on 122 responses and 3,389 custom rates provided by Iowa farmers, custom operators, and farm managers. 45 19. 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. 68 per bushel at 200 bushels per acre. Nov 21, 2024 · In southern Minnesota’s Martin County, where land rent was highest, land sold for an average of $10,414 per acre. 40 $12. The land rental data shown in the data tables is extracted from , a database of farm recordFINBIN summaries of over 2,000 Minnesota farms. are operated as “sole proprietorships and would likely be exempt from filing a BOI. 90 Moldboard plowing / acre 18. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. They are not to be interpreted as the rates you must charge or pay. rvey . 71 $ 21. Based on the table, the average rate for planting no-till corn is $21. 23 for each bushel 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. 96 per acre in 2020. Other expenses include marketing, hedging, drying, operating interest and other. 85 711 $3. 85 711 $2. Jun 27, 2022 · 2022 Custom Rates & Fees The following custom rates should be used only as a guide in establishing custom rates. expected to be $39 per acre ($0. 00 12. 80 15. Assumptions for the computed harvest include 1. 80 18. 25 $11. 67 20. 8% increase from June 2023. Especially for forage crops, custom field work and harvesting is a common practice. Custom Machinery Rates Applicable to Kentucky (2022) UK Agricultural Economics | agecon. Weighted average r ental rates are listed by county for each year. The 2025 Custom Work Rates report covers a wide number of basic field machine operations. 70 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 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. 60 per acre. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. 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. Purdue Extension educators and specialists developed the questionnaire. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. Indiana per acre cash rent for top quality land increased by 2. The average rate charged was $51/acre. 71 21. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. calculated by inflating the 2020 custom rates using two different inflation indexes. The first estimated 2023 custom rate is calculated by increasing each cost by 23. That means there are rents both above and 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. for soybeans (as of 10-01-24). 00 25. 18 Bulldozing (blade = 9 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 Mar 29, 2022 · Earlier this year, 559 custom operators and farm managers were sampled regarding expected 2022 custom farm rates to be for various farm operations. The average flat rate in 2022 for harvesting wheat was $28. The University of Minnesota provides total machine cost per acre, machine rates per hour and estimates of acres per hour fuel usage for many of the machines. For each type of work, the average rate from the 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. Examples include an increase of 6% for Planting Corn (30 Inch Rows with Fertilizer Application), 5. 23 for each bushel The FINBIN database has been updated to include 2023 farm financial reports for the Minnesota farm business management programs. . 11 ¢ / per foot 14 97 Mowing Pasture or CRP Acres $/acre 11 15. "Complete 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. Publication Number: AEC 2022-01. 25 higher than the 2022 average of $24. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. g. 86 $1. 70 Ohio rates. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. Minnesota farmers experienced a drastic reduction in farm income in 2023 primarily caused by decreasing prices for corn, soybean, and other commodities and challenging profitability for the dairy and hog sectors. 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. 14 $1. 00 per acre, followed by Nobles at $61. 00 181 90. 20, 45 cents lower than last year’s average and down $2. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM 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. edu 2024 Nebraska Farm Custom Rates Report 02/13/24 2022 Census of Agriculture Data Highlights. 80/bu. 50 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. 50 25. This is up a tick from 2023, which had an average rate of $7. CCE welcomes feedback that will help keep this guide up to date and accurate. 00 Mar 20, 2023 · Combining corn shows an average of $41. 00-30. If your machinery cost per acre is relatively high, then a farm should consider using a Pasture grazing rents have ranged from $15. Relative to the entire 2000 to 2022 period shown in Figure 1, the 2022 return was high. 3% to $313, and per acre cash rent for average quality land increased by less than one percent to $260. 80/gallon as of June 2022 Hay Harvesting -Fuel Included Mow Hay Silage Chopping / Hour: $18/ acre 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. iastate. 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled 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. Compare your actual costs to custom rates. 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. (Average) Current Diesel Fuel Price -$5. "Complete Harvest (Computed)" adds individual custom rates for mowing/conditioning, raking, baling, and moving/storing (where applicable) to estimate a custom rate for these combined operations. 81 per bale. 00 above last 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. There are both higher and lower rents than listed here and is subject to local demand and supply. edu 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. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. 88 21. 77 12% Ridge planting, with band applicator, rate per acre 23. 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-$12. 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. Due to the high cost of investment in farm machinery, an ever-increasing number of farm operators are hiring other farm Farmland sales information for all Minnesota counties. 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. 4% and 10. Table C. 74 23. 75 per bushel for corn and $12. 50 193 96. Mar 28, 2024 · Custom farm rates are expected to remain unchanged for 2024. extension. 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 Rates for Grain Sorghum Harvest, 2024, by District District Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. The rental rates are based on analysis of the financial 02/13/24 2022 Census of Agriculture Data Highlights. 282 extra per bushel of wheat for yields greater than 27 bushels per acre. 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. 18 $8. Domestic corn production is targeted to be at 183. 65 18. 20 20. 50 19. 10/bu. 70 0. 00 per rented acre United States Department of Agriculture National Agricultural Statistics Aug 19, 2024 · The 2024-25 corn crop current projected per bushel season average price is $4. 40 18. Publication Date: March 31st, 2022. 34 provide the rates they were charging or paying in 2022 for custom services, excluding the cost of materials being Additional charge for variable rate. To compile this report, rental rates are . 13 7% Ridge planting, without band applicator, rate per acre 21. Jan 3, 2025 · In 2023, the average machinery cost per acre for the two crops was $151. Has the rate changed over time? Yes. 41 bushels per acre. 80 $12. 00 20. Change in rate. 00 per acre, $2. 00-25. be $253 per acre ($1. uky. This publication presents a summary of custom work and rental rates. Combining corn shows an average of $41. 23 for each bushel 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. The Ontario average custom rates are allocated across the six machinery-related expenses. The average flat rate in For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. 40 $11. 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. 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 Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. Twenty percent of the respondents perform custom work, 14% Cropland cash rent paid to Minnesota landlords in 2024 averaged $200. Chris Torres 2024-01-26 20:48:04. 80 $14. It . 2025 North Valley ND Projected Crop Budget - Excel. gov The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Nov 2, 2023 · The rates below include the implement, power unit, operator and fuel for selected farm jobs. Units Seed, $3. 90 $12. The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020. edu Page 1 . 75 to $15. Tandem disking costs an average of $16. 00 30. 15 per acre and for soybeans is $68. Aug 2, 2022 · 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. 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled USDA National Agricultural Statistics Service Information. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 23. The next portion of each table shows expenses on a per acre basis. Louis County had the lowest pasture cash rent at $7.