Custom farming rates 2024 per acre pdf. Mar 23, 2023 · Custom planting ranges from $12.

Custom farming rates 2024 per acre pdf 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. Postal Service and 633 people via email in February 2025. Fuel Small grain no-till $27/ acre - Inc. 50 per gallon on-farm diesel fuel price for 2024. 20 $119. The MSU Custom Rates Worksheet is a pdf version of this spreadsheet with which the value can be calculated by hand. 18 $3. The rates Mar 21, 2024 · For Excellent quality farmland, traditional crop shares in 2023 averaged an income of $350 per acre, cash rents averaged $350 per acre, and custom farming averaged $370 per acre. 25 per acre and increased to $15. Flexible rental agreements and how they work. The information below is based on 122 responses and 3,389 custom rates provided by Iowa farmers, custom operators, and farm managers. 77 12% Ridge planting, with band applicator, rate per acre 23. 70 $15. 50 $5. The new custom rate guide. of Reports Range Average No. 320 hp combine 470 hp combine 540 hp combine Table 3. 00 11 Bed disking (hipper) Dollars per acre $10. The numbers are based on surveys received from custom operators, farmers who hired custom work and farmers who performed custom work. 30 Crop revenue $1,035 $990 $814 $791 $578 $520 ARC/PLC 0 0 0 0 0 0 Crop insurance proceeds 0 0 0 0 0 0 Clover/Alfalfa Acre 22. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. 2017 Indiana Farm Custom Rates. Custom Rates The University of Idaho conducts a Custom Rates Survey every 4-5 years. The next portion of each table shows expenses on a per acre basis. Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM Custom Charge ($/field) Type and Depth of Probe Notes S All Counties $10. 65 83. Machinery Custom Rates. 00 - 7. ca/agbusiness, search for “field crop statistics” 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 per acre, an increase of $3. 30 $17. 80 $12. Area 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 Feb 10, 2025 · A user can evaluate up to three full-season crops, and the wheat double-crop soybean system. 00 $14. 1 Based on a 470 HP combine used on 2,500 acres. May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. 85 711 $2. 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. 80 $14. The data in Table 1 represents the cost per hour of owning and operating tractors but does not include labor cost. , and labor for the Acres x Purdue; Assessment of Management Skills Series; 2019 Indiana Farm Custom Rates. The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. of The Crop Planning Guide and Crop Planner Calculator provide information that can help estimate the income and cost of production for different crops in the various soil zones in the province. Communication. Understand that custom rates are often negotiable. 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 Mar 23, 2023 · Custom planting ranges from $12. Fuel $30 No Till Corn $35/ acre - Inc. ca/agbusiness, search for “custom farm rate calculator” • Field Crop Statistics : Harvested Area, Production, Crop Prices, Corn Supply and Disposition: ontario. As for fertilizer rates, dry bulk fertilizer averaged $7. 25 per acre. 81 per 1,000 kernels 28,000 $106. 00 per acre (Range = $70. 25 1,217 14. 84 per acre for 2024, a 15. 46/acre or $25. 53 $3. Langemeier (2017) and Plastina and Johanns (2017) indicate that the custom rate for field cultivating is approximately $12. The statewide average per acre cash rent for poor-quality land, however, fell by 3. 50 19. The rates shown include the cost of hiring machine with fuel and operator and Custom Rates for Farm Services in Missouri T. 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). 00 per acre (Range = $65. The rate for conventional corn is $19. 65 $83. If you are interested in cost per acre was $9. Custom Rates services. Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. 20 per gallon, and the machine has a consumption rate of 0. 00 20. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. 74 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 CUSTOM FARMING RATES Statewide Averages, South Dakota, 2004 Operation Number of Reports Field Chopping Only - Per Acre 60 9. Fuel Broadcast Seeding $16 - $20 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 Custom farming, soybeans, per acre 50. 95 per acre, an increase of $3. 00 $70. Statewide, cash rents exhibited little change from 2023 to 2024 (Table 3). 70 $ 2. 80 $3. 12/23/24 United States Hog Inventory Up 1%. The detailed calculations in this guide are based on the inputs and returns associated with attaining a target yield in the 80th percentile for each soil may be “good neighbour rates” as opposed to commercial rates. 00 65. 00 per acre Grain Hauling 3 $0. 75% for the 20 percent equity portion is based on the 25-year average of the “total rate of return on farm equity” published by USDA (1998-2022, inclusive). percent result in 80% increases in costs. 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 Many Iowa farmers hire some custom machine work in their farm business or perform custom work for others. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . Herbicide and seed costs are expected to be similar to Farm Machinery Custom Rental Rate Guide Calculator This calculator can be used to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer. Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. Mar 20, 2023 · Combining corn shows an average of $41. 50 Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 25 Source: Iowa State University Extension and Outreach, Iowa Farm Custom Rate Surveys, FM 1698. he rates reported in this guide summarize . 70 Dec 10, 2024 · It is common for small custom jobs to have a 20% to 30% higher cost of operation than a larger job. 62 28. 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. These Jun 19, 2024 · If fuel costs change, custom operators may adjust their rates accordingly. 50 4 Stalk cutting/shredding Dollars per acre $7. The top portion of each table shows income. 10 115. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors 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. 35 $ Nitrogen, $0. The MSU Custom Rates Calculator spreadsheet is available for more in-depth evaluation of individual costs for custom operation. Apr 14, 2023 · Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. 00 8 Custom Rates for Farm and Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 21 per bushel) higher than costs in 2021. The information below is based on 130 responses and 2,805 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. Change in rate. ). “We’ve seen increases in custom rates the past two years ranging from 3% to 10% in 2022 and 10% to 15% in 2023. Custom rates reports. Labor has also become both a limiting and higher cost expense. 88 21. 7. 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. Check the column for average rates from the same Purdue custom rates survey for 2017. 23 $4. 63 $ 3. ---- $ per acre ---- ---- $ per acre ---- ---- $ per acre ----8-row corn head 12-row corn head 16-row corn head extra per bushel of wheat for yields greater than 27 bushels per acre. In the spreadsheet, producers should know their anticipated seeding rate and seed cost, the rate of fertilizer (nitrogen, potassium, phosphorous, sulfur etc. 30/machine- hour). 00 $116. To account for differences in efficiency and market conditions, two additional rates are 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. 00 - $90. Extension Locations 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. The survey was conducted in 2020, and was expanded to include more custom operations and equipment rentals than the previous versions. 37 $4. 12 9. 50 193 96. 20 18. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. 3% based on a USDA price index (described below). Average cash rent levels decreased slightly from 2023 to 2024 for all land productivity classes. 45 19. 31 $ 14. 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 Average Fertilizer Rates. 5. 50 25. 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 The tables are calculated on a per acre basis. The Ontario average custom rates are allocated across the six machinery-related expenses. 65 21. S. Insects & Plant Disease. 1% from last year’s cash rental rate. Sep 4, 2024 · 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. 13 7% Ridge planting, without band applicator, rate per acre 21. Postal Service and 407 people via email in mid-February 2024. Dollars per hour is often referred to as “custom farm work” or more simply, “custom work”. 10 from $24. Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. 23 for each bushel 01/10/25 Corn production down, soybean production up in 2024. This guide is a comprehensive reference to the basic ecology and identification of Iowa's wild mammals. 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. Most of the rates are stated per acre, cwt. The information below is based on a survey of 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. matter how many acres are covered. 20 - $3. percent. Number Reporting. As acres increase, yearly depreciation and interest costs are spread over more acres for a given implement size. Breakeven prices to cover variable and total cost are computed for each crop. 41 22. 30 per acre and combining soybeans averages $39. 75 to $15. 8% increase from June 2023. 36$ 0. On average, acreage decreases of 50 Mar 26, 2024 · Iowa State Releases 2024 Custom Farming Rate Data Injecting anhydrous without a tool bar had an average rate of $13. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. 50 $4. 20 an acre and heavy or offset disking costs an average of $18. 00 per acre 2 $20. Appendix Table 1 lists acres used to calculate tota l costs per acre. 85 711 $3. ASB Notices. The implement width, tractor horsepower, and performance rate are The growth rate of Indiana farmland prices is expected to moderate in 2024. The total machinery cost per acre ($9. Purdue Extension educators and specialists developed the questionnaire. 70 per acre Soybean $44. 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. Corn $38. 30 per acre, with a range of $12 to $31 per acre. , ton, bale, or bushel rather than per hour to reduce the variation due to machinery size. 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. 10 $121. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 28 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. 20 $27. 85 consumption 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 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. 10 $7. 9% to $47. Twenty percent of the respondents perform custom work, 16% Vertical tillage averages $19. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to Farm Income and Production Cost Summary: This report summarizes farm income and earnings for FBFM enrolled farms for 2012-2016. The average flat rate in 2024 for harvesting wheat was $31. 89 811 $ 16. Pasture grazing rents have ranged from $15. 96 per acre in 2020. 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. 42 ¢ / per foot 14 97 Mowing Pasture or CRP Acres $/acre 11 15. 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. 68 30,000 $114. 75 Source: Iowa State University Extension and Outreach, Iowa Farm Custom Rate Surveys, FM 1698. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. steady or increase in 2023. Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. • Custom Farmwork Rates: ontario. 80 $11. 30 $11. 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 TM probe 0-12" depth Basic 4 nutrients; lab fees included; single depth; with purchase of product S Cardston $100. Postal Service and 633 people via e-mail in February 2025. Table 3. 00 per acre, or 20 - 70 cents per cow unit per day, or $8. Surveys were mailed/emailed to 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. 00 $6. 00 4 Field cultivating Dollars per acre $8. The MSU Custom Rate Calculator Tool calculates the total economic costs of providing a custom service. 65 139. Average Rate. For example, if fuel (diesel) cost used in the power unit jumps to $4. Additionally, input costs and interest rates could change at any time. 4. 30 $6. 71 21. Soybean seed prices include Round-Up Ready® varieties. The adjusted rates are based on an expected $3. 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. 80 18. 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. All ($5. Liquid application ranged from $7. Of course, many states no longer do custom rate surveys. Less than 100 hp. 50 $11. The 2024 Crop Budget Study was completed using a combination of surveys from custom hire businesses, seed cleaners, farm suppliers, crop advisors and growers. This summary is the product of an online survey which collected rates farmers paid for custom work performed in 2019. Hay Share Calculator The Hay Share Calculator is designed to calculate the cost of producing baled hay and the value of standing hay. Indiana per acre cash rent for top quality land increased by 2. extra per bushel of wheat for yields greater than 27 bushels per acre. 00 $65. 01) operating farm machinery. 34 Feb 4, 2025 · To use the spreadsheet, producers should provide their own costs for the different expense items listed. 60 per acre (Range = $75 - $275 per acre) Soybeans: $139. 24 $ 5. Farmland Values. 30 17. 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. per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. 4% and 10. Acreage increases of 50 percent result in cost decreases of 25 . Farm bill, farm marketing, agribusiness webinars, & farm policy. custom rates. expected to be $39 per acre ($0. 33 per bushel), which is similar to the 2023 cash rent per acre. 40 per acre Grain Cart 2 $15. cropland value from the survey is $6,119 per acre, an increase of 12. High Rate. 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. Read More News. 14 per bu. The average rate for baling medium large round bales is $12. Updated April 26, 2019 Updated April 26, 2019 Farm and Family Living Income and Expenses: Summary of annual capital and noncapital family living expenditures and income and social security tax payments. The average rate charged was $51/acre. The Iowa Farm Custom Rate Survey was mailed to 394 people by the U. The "Average Final Rates" presented in this report represent these adjusted averages. These Variable Cost, Overhead Cost, and Gross Revenue per Acre . Pick up know-how for tackling diseases, pests and weeds. The first Planting with coulters, without band applicator, rate per acre 20. 25. The reader should be aware that varying conditions in different areas of the province could significantly affect the rates charged from year to year. 83 $7. This worksheet is also included in the 2025 MSU The 2024 crop budgets provide an estimate of revenues and costs for selected crops. Median Rate. 52 $4. 00 $7. Todd Kuethe, Professor and Schrader Endowed Chair in Farmland Economics. This guide includes useful forms and farm business management information including: Custom rates: What to charge for planting, etc. 00 $10. Combining corn shows an average of $41. 20. 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. 6 an acre. Tractor Rental (Excludes cost of operator and fuel) Unit. 00 per acre Soybean $11. 47 $ 18. These rates The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. A “custom rate” is the amount agreed upon by both parties to be paid by the custom work customer to the custom work provider. 85 gallons per acre, the additional rate can be figured using this equation: $4. The custom farmwork operator also earns a return of 3% interest on the owner’s equity in Others rent machinery or perform other services. Experience is the best guide to help budget machinery costs. It . 00 - $125. 65 Machinery operating wage, per hour 3. Custom Rates for Wheat Harvest, 2022, by District District . 7%, respectively. 70 16. 74 23. 50 Production Operations: 2024 Custom Rates This is a budget tool, not a pricing tool. For each type of work, the average rate from the surveys. 00* Dec 20, 2024 · Farm & Ranch . 60 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. 60 19. 2 3 purchasing multiple combines on a regular basis can likely negotiate a better purchase price than a farmer that purchases only one combine every several years). Custom planting ranges from $12. 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. 73 11 $20. 04 Rate per Acre Minimum 8. Fuel and labor costs per acre are constant regardless of acres covered. The first estimated 2023 custom rate is calculated by Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. 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 The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. 87 8 Bottom 235 $ 8. 60 per acre (Range = $75 – $275 per acre) The quality of data is dependent on the cooperation received by producers and commercial custom operators. 00 per acre rate data is collected for seven years with the highest and lowest rates eliminated, and the average calculated using the remaining five years’ data. 2024 TEXAS - National Agricultural Statistics Service North Dakota State University is distinctive as a student-focused, land-grant, research university. 20 20. 50. For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. 00 $4. 71 $ 21. 2 Based on a $68,300 grain cart used on 1,900 acres. Adding miscellaneous income (straw, crop insurance, etc. Yield multiplied by price equals the total production return per acre. 28 per bale. 00 181 90. of Reports Average ($/Bushel) Above Bushels No. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. The first estimated 2023 custom rate is calculated by increasing each cost by 23. 86 $1. 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 Farm Resource Guide. 94 diesel price increase x 0. PDF Excel ABC Crop Enterprise Reports. It is the responsibility of both parties to agree to acceptable terms before 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. id166_2025 - february 2025 using rates where only 1-2 states were included in the calculation. Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. Corn: $150. 2021 Indiana Farm Custom Rates Shredding Corn Stalks $/acre 6 9. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. Others rent machinery or perform other services. The information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. 50 per acre Soybean $33. 20 – $3. 25 $11. Latest Email; Oct 30, 2024 · These values can be used as a base to determine a fair exchange value for both provider and recipient of custom work. 23 for each bushel Page 2 Ca eal ae a2024 e 2020–2024 Overall Average of Typical Cash Rents for Corn and Soybean Acres by Iowa Crop Reporting District (dollars per tillable acre). 10 per acre with the tool bar. 18 Bulldozing (blade = 9 feet Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. 97 from $27. Has the rate changed over time? Yes. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge or pay. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. 00 per cow unit per month, depending upon pasture quality. Table 4. 25 per acre applied. 26 = $0. Average farmland rental rates by county with current projections. 50 23. 40 per acre Grain Hauling 3 $0. 00 - $105. Fuel was around $1. 14 $1. Most custom rates saw an increase of 10-15%. 75 $11. Download 2024 Custom Rates Report 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 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: Ag and Applied Economics, 2/2024 Tillage Operations Size HP Fuel & Lube* R&M Labor** Total Variable Costs Annual Acres Fixed Cost*** Total Cost Bottom Plow 10 Bottom 250 $ 6. annual hours of use, financing costs, etc. 65 per acre (Range = $70 - $275 per acre) Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. Tandem disking costs an average of $16. Custom rates cover the cost of machinery, fuel, labor and, occasionally, a product such as lime or bale wrap. Cash rental rates are expected to hold . 18 $8. “Generally, 2024 custom rates are down slightly from 2023,” she notes. 00) · Small Grain – $64. 00 6. 87 $1. 00 - 60. 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. 90 per acre 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 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 May 2, 2023 · Call it “sticker shock” for custom combining rates. Row Crop Irrigation. is recommended that you use your records to derive your costs. As a custom farm work provider, if you feel that your rate doesn’t capture your full costs due to fuel price increases you might consider a custom rate increase or fuel surcharge based on the 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. PAER-2024-09. Download the free 2025 Farm Resource Guide. Low Rate. 00 per acre (Range 2024 Nebraska Farm Custom Rates Report August 2024 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation 20 24 2020 Average Rate 20 4 as Percent of 2020 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION Jul 1, 2024 · The approximate price of diesel fuel during the survey period (January – April 2024) ranged from $3. 84 $ 35. 90 $11. 20 11. Appendix Table 1 lists acres used to calculate total costs per acre. 00 12. services. 10 per acre Soybean $8. The interest rate of 7. 75 $10. 2024 Farmland and Cash Rent Outlook. Ag Economics & Marketing. 7% to $204. 00 25. 08 $12. The 2025 Custom Work Rates report covers a wide number of basic field machine operations. 90 $12. Twenty percent of the respondents perform custom work, 14% Apr 30, 2021 · The guide lists updated costs for common custom farming operations. 50 to $45 per acre, depending on the type of planter and setup. Table 1 shows historical prices for select operations. 40 18. 10 per bu. 00 $12. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. Actual custom rates will be determined through the supply and demand for services within localized markets 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 intent of the survey is to provide producers with additional information to help with their farm management decisions. 3% to $313, and per acre cash rent for average quality land increased by less than one percent to $260. 55 Machinery operating wage, per hour $3. Custom farming resulted in the highest return among these arrangements. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. 83 17. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors. 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 Corn $50. 40 $12. 00 per acre (Range = $71 - $280 per acre) Tillage Mar 28, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn: $152. 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. 50 5. 18 13% Combining Irrigated Corn, flat rate per acre 41. 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 2020 Custom Rate Guide, release in April 2021 replaces the 2017 version. As in past years, there are states that have updated their rate guides since a year ago. 75 / acre. 90/acre or $60. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs):. 77 $1. Therefore, costs per acre decline as acres of use increase for a given implement size. Based on a $87,700 grain cart used on 1,900 acres. g. Units Seed, $3. rvey . Table 2 presents both a total cost per hour and a cost per acre for performing the specifed operations including labor cost. This publication reports custom rates based on a statewide survey. extra per bushel of wheat for yields greater than 27 bushels per acre. 50 per gallon for off-road (farm) usage. 1% compared to $5,458 in 2023. 5715. calculated by inflating the 2020 custom rates using two different inflation indexes. 15 $117. 00 117. 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. 85 $11. Based on the table, the average rate for planting no-till corn is $21. The state average for harvesting irrigated corn increased 14. On average, acreage decreases of 50 . ) that will be applied, and the cost per unit for these items. 20 $17. Each set of budgets are developed for a multi-county region. 60 foot db60 15 inch. 65 18. Cash rent per acre in 2024 is expected to . 13 $6. 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. 10 7. ) equals the gross return per acre. (R. Harvesting and hauling This publication is only a guide. Scheduling and methods of irrigation. The Cost Study is from the perspective of a commercial custom farm operation. net! Custom farming, soybean, per acre $50. 2025 Crop Budget File Downloads. 98 per acre in 2022. be $253 per acre ($1. 45 $17. 23 for each bushel Iowa Farm Custom Rate Survey was mailed to 316 people by the US Postal Service and 237 people via email in mid-February 2023. The University of Idaho conducts a Custom Rates Survey every 4-5 years. 63 47. 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. 81 per bale. Rotation Corn in Indiana. Mar 27, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. 70 per bale, with large round bales coming in at $13. Purdue Educators distributed Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. Find tactics for healthy livestock and sound forages. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. 00 24. There are both higher and lower rents than listed here and is subject to local demand and supply. 50 18. Charged $21 an acre. 90 Moldboard plowing / acre 18. COMMUNICATION. 23 for each bushel 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. Per Acre Costs for Combines of Different Sizes and Acres Harvested. 20 $11. 70 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. 19 per acre. 40 $11. For each type of work, the average rate from the 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. 1 Assumes that 60% of the acres are corn and 40% are soybeans. 79 $ 6. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. Custom planting ranges from $11 to $40 per acre, depending on the type of planter and setup. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. ca/agbusiness, search for “custom farm rates” • Custom Farmwork Rate calculator: ontario. 90 per acre, an increase of 12. 50 per pound 168 84. The 2025 University of Nebraska–Lincoln crop budget projections were created using assumptions thought to be valid for many producers in Nebraska; however, each farming operation is unique and therefore, the budgets should be used as a guide when creating your own. 38 $5. Ohio Farm Custom Rates . C. This is up a tick from 2023, which had an average rate of $7. 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. The average price of top-quality farmland reached $14,392 per acre, a 4. 00 can have a large impact on the suggested rental and custom rates (e. 00 - $21. 90 30. The MSU Custom Rates Worksheet is a pdf version of this calculator. 30 35,000 $133. Sierra Day , Field editor Farmers use custom rates as a guide for machinery, budgeting, and financial planning. 99 per acre, or about $22 per acre. 40 $ Seed, Chemical, etc. 00) · Soybeans – $79. 60 125. 05 $16. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. 6. Animals & Forages. 00 70. 72/machine-hour), and the return to labour is $6,325 ($2. 58. 67 20. tur bmzbt timeqik rkxl tlbi unv yebzs bfiht dfbvlwn nomskz zzpo zrrvqi bmebpg eiynal cmkfmkmj