2024 custom farming rates per acre. Compare your costs for baling small squares vs.
2024 custom farming rates per acre 40 per acre Grain Cart 2 $15. 02/24/25 USDA extends response deadline for 2024 Census of Horticultural Specialties. 70per acre Soybean $44. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. Fuel Small grain no-till $27/ acre - Inc. Custom Rates - Trillium Farm: 3/20/2024 11:46. They are not to be interpreted as the rates you must charge or pay. 25 4 20. 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. Fuel Broadcast Seeding $16 - $20 May 2, 2024 · Custom rate charges should also cover noncash costs, including unpaid operator labor and machinery depreciation. Mar 28, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn: $152. 2025 Farm Bill What-If Tool (Sheet) ARC/PLC Calculator (Online) Publications. 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 Jun 10, 2021 · Related: Purdue issues custom rates for field operations. The Ontario average custom rates are allocated across the six machinery-related expenses. 25 per acre. Also, per-acre costs and hours of annual use will likely vary for each producer and operation, so producers should use their own costs whenever possible. 00 per cow unit per month, depending upon pasture quality. 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. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. Current farmer return expectations are negative for both corn and soybeans across all 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. 30 $6. Flexible rental agreements and how they work. calculated by inflating the 2020 custom rates using two different inflation indexes. Table 1 shows historical prices for select operations. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and This publication is only a guide. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. 40 $12. 45 19. Additional services such as GPS mapping or using a chopper head can increase rates slightly. If you are interested in 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. 30 per acre, with a range of $12 to $31 per acre. This is up a tick from 2023, which had an average rate of $7. 00per acre Soybean $11. 00 per acre in their farm business or perform custom work for others. Variable Cost, Overhead Cost, and Gross Revenue per Acre . Apr 2, 2024 · The price drops to an average of $24. The average flat rate in 2024 for harvesting wheat was $31. Mar 3, 2025 · Pennsylvania and New York last updated custom farming rates in 2022. The average rate for baling medium large round bales is $12. We only included rates more specific to the dairy industry. 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. 94 diesel price increase x 0. 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. The 2024 Crop Budget Study was completed using a combination of surveys from custom hire businesses, seed cleaners, farm suppliers, crop advisors and growers. 08 $12. 20 per gallon, and the machine has a consumption rate of 0. 00 $14. 85 consumption Corn $38. Custom rates reports. 50 23. Note that for spreading manure, there are seven responses and a charge of just over $15 per acre. 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. Few responses. 50 $11. 6 an acre. Number Reporting. 00 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. 50 per acre Soybean $33. 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. 50 Sep 20, 2023 · Illinois Farm Management Handbook. 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. 90 $12. Additionally, input costs and interest rates could change at any time. 83 $7. 17 per acre for harvesting wheat in 2024, $4. Combining corn shows an average of $41. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. 00 TM probe 0-12" depth Basic 4 nutrients; lab fees included; single depth; with purchase of product S Cardston $100. 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. 4% and 10. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. 00 20. 14 per bu. 9% to $47. Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. 63 47. Download 2024 Custom Rates Report 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 17, 2025 · Table 1 provides a sample of a few of the spring field operation rates included in the 2024 Nebraska Custom Rates report. be $253 per acre ($1. 75 to $15. 282 extra per bushel of wheat for yields greater than 27 bushels per acre. To account for differences in efficiency and market conditions, two additional rates are 2022 Cost to Produce Corn and Soybeans in Illinois: The total of all economic costs per acre for growing corn and soybeans in Illinois. Farm Resource Guide. 10 per acre Soybean $8. 50 193 96. Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. In the spreadsheet, producers should know their anticipated seeding rate and seed cost, the rate of fertilizer (nitrogen, potassium, phosphorous, sulfur etc. 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. 40 per acre Grain Hauling 3 $0. Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. 81 per bale. 04 Rate per Acre Minimum 8. 40 $ Seed, Chemical, etc. 84 per acre for 2024, a 15. 50 18. The rates Pasture grazing rents have ranged from $15. 00 $10. 85 711 $2. 02 to $10 per acre. Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. Pennsylvania released its report before the new year. Compare your costs for baling small squares vs. The Cost Study is from the perspective of a commercial custom farm operation. 70 $ 2. Yield multiplied by price equals the total production return per acre. 00 12. 2024 TEXAS - National Agricultural Statistics Service Mar 27, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. Charged $21 an acre. 50 Production Operations: 2024 Custom Rates This is a budget tool, not a pricing tool. 53 $3. More operations are highlighted in other articles. Liquid spraying costs $7. 24 $ 5. Change in rate. 62 28. May 1, 2023 · For spraying, while the average is $8. 86 $1. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. The survey was conducted in 2020, and was expanded to include more custom operations and equipment rentals than the previous versions. Has the rate changed over time? Yes. , and labor for the The base or minimum rate charged per animal-unit-month (AUM) on state trust grazing lands is calculated annually using a formula set in state law (§77-6-507(2), MCA). umd. 65 per acre (Range = $70 - $275 per acre) 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. The 2025 Custom Work Rates report covers a wide number of basic field machine operations. 11 ¢ / per foot 14 97 Mowing Pasture or CRP Acres $/acre 11 15. Approximately 1,370 reports from farmers and ranchers, elevators, custom harvesters and other custom operators were tabulated. 00 per acre 2 $20. 00 Sep 3, 2024 · Cash rent estimates are reported in $ per acre per year, and information is available for most counties from 2008 to 2014 and 2016 to 2024. 95 per acre, an increase of $3. 92. Table C. 20 per acre without attachments and increases to an average of $27 per acre for planting with a high-speed planter. 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. 80 $12. , and labor for the Mar 22, 2023 · Combining corn shows an average of $41. Most of the rates are stated per acre, cwt. 90 Moldboard plowing / acre 18. Others rent machinery or perform other services. 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 Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs):. The total economic cost of owning and operating the machinery for custom hire services can be a starting point for custom work rates. 79 $ 6. 26 = $0. 00 per hour Labor time 1. 01 per acre, the range is from $6. 73 11 $20. 14 $1. per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. 23 for each bushel Section - 4 Oklahoma Agricultural Statistics (2024) Crop Production Summary – Oklahoma: 2023 Crop Planted Harvested Yield per Acre Unit Production Price per Unit acres acres units units dollars Winter Wheat Oats Rye Canola Corn for Grain 1 Corn for Silage Sorghum for Grain 1 Sorghum for Silage Soybeans Peanuts Cotton All Hay Alfalfa Hay These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. Low Rate. 2 Based on a $68,300 grain cart used on 1,900 acres. 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. 48: $17. 00per acre Grain Hauling 3 $0. 12 9. 74 four years earlier. Cash rent per acre in 2024 is expected to . 00 $12. Adding miscellaneous income (straw, crop insurance, etc. 25. May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. Liquid application ranged from $7. The "Average Final Rates" presented in this report represent these adjusted averages. 85 711 $3. 23. Custom harvesters charged an average base rate of $29. 00 25. 50 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. 85: Wisconsin Agricultural Land Prices 2024; Finding a May 2, 2023 · Call it “sticker shock” for custom combining rates. 00 6. 10 per acre with the tool bar. 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. Download the free 2025 Farm Resource Guide. Area Corn $50. expected to be $39 per acre ($0. 89 811 $ 16. 1% compared to $5,458 in 2023. 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. The total machinery cost per acre ($9. , and labor for the Custom Charge ($/field) Type and Depth of Probe Notes S All Counties $10. 39 23. Feb 10, 2025 · A user can evaluate up to three full-season crops, and the wheat double-crop soybean system. However, in 2023, the cash rental rate exceeded the contribution margin for rotation corn, which puts downward pressure on 2024 rental rates for corn acreage. No profit in Custom work at going rates. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge or pay. For each type of work, the average rate from the 2024 Nebraska Farm Custom Rates Report Planting with coulters, without band applicator, rate per acre 20. 70 per bale, with large round bales coming in at $13. large round bales. Dollars per hour 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. As for fertilizer rates, dry bulk fertilizer averaged $7. 01/10/25 Corn production down, soybean production up in 2024. 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. 00 4 Field cultivating Dollars per acre $8. 13 $6. Updated April 14, 2023; Farmland Leasing. 25 per acre applied. Ohio will release its biannual custom rate report in May or June. Hay Share Calculator The Hay Share Calculator is designed to calculate the cost of producing baled hay and the value of standing hay. 65 per acre on average, while sidedressing is $12. Each set of budgets are developed for a multi-county region. Overall, total operating costs for barley in 2024 relative to 2023 are projected at 6% 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 state average for disk harrowing (secondary light seedbed preparation) is $18. 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. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. 50 25. 60 per acre (Range = $75 - $275 per acre) Soybeans: $139. 28 Offset disking Dollars per acre $13. MSU Custom Work Rates Report. 20 20. Row markout: Dry row markout: no product applied 20. 78 per acre in 2024, up from $10. 00 per acre, or 20 - 70 cents per cow unit per day, or $8. 90 $11. services. 00 with chopper Since 1975 Alberta Agriculture & Rural Development has annually surveyed custom rates and rental rates to provide information to farmers and custom operators. These rates May 7, 2024 · The average rates for field spraying with ground application equipment in 2024 vary between $7 per acre for broadcast (not incorporated) with a tractor, and $8. 25 per acre and increased to $15. Sierra Day , Field editor Sep 4, 2024 · 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. S. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 60 per acre. 30 per acre and combining soybeans averages $39. 2021 Indiana Farm Custom Rates Combine Only $/acre 41 29. Herbicide and seed costs are expected to be similar to Jul 12, 2024 · The “Ohio Farm Custom Rates 2024” publication reports custom rates based on a statewide survey of 333 farmers, custom operators, farm managers, and landowners conducted in 2024. 21 per bushel) higher than costs in 2021. 60 foot db60 15 inch. The tables are calculated on a per acre basis. Based on a 470 HP combine used on 2,500 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. As for haying on shares, a common transaction here is baling on halves for lesser value stands of grass hay — not alfalfa. , and labor for the 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. In 2024, harvesters charged an average of $0. The average rate charged was $51/acre. 1 Based on a 470 HP combine used on 2,500 acres. 00 per acre ($40. The first estimated 2023 custom rate is calculated by This guide is a comprehensive reference to the basic ecology and identification of Iowa's wild mammals. The rate for conventional corn is $19. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. 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. That formula takes the average price per pound of beef cattle in Montana from the previous year, times a multiplier established by the Board of Land Commissioners. 00 181 90. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. All Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 31 $ 14. 50 to $45 per acre, depending on the type of planter and setup. Average farmland rental rates by county with current projections. 10 per bu. The new custom rate guide. 84 $ 35. custom rates. The 2020 Custom Rate Guide, release in April 2021 replaces the 2017 version. 00 - $21. Chris Torres 2024-01-26 20:48:04. 7%, respectively. 00 per acre Grain Hauling 3 $0. Soybean seed prices include Round-Up Ready® varieties. 80 $3. Average Rate. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to 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. 18 Bulldozing (blade = 9 Ohio rates. 45 $17. Of course, many states no longer do custom rate surveys. 52 $4. For example, if fuel (diesel) cost used in the power unit jumps to $4. 71 $ 21. 23 $4. The farmers participate in the Minnesota State College Farm Business Management program as well the The 2024 crop budgets provide an estimate of revenues and costs for selected crops. 83 17. 40 $11. 74 23. 00 21. For more, visit farmprogress. 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 Primary tillage----- $ per acre determining custom rates and for analyzing machin ery costs on farms. Oct 30, 2024 · Many farm operations reach out to other farms to help fulfill production activities. may be “good neighbour rates” as opposed to commercial rates. If your machinery cost per acre is relatively high, then a farm should consider using a 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. The MSU Custom Work Rates Report offers a base to determine a fair exchange value for both the provider and recipient of custom work. Understand that custom rates are often negotiable. Custom planting ranges from $12. 28 per bale. 23 for each bushel Primary tillage----- $ per acre determining custom rates and for analyzing machinery costs on farms. Mar 26, 2024 · Iowa State Releases 2024 Custom Farming Rate Data Injecting anhydrous without a tool bar had an average rate of $13. 00 - $90. 00 $25. 80 $14. Postal Service and 633 people via email in February 2025. Aug 29, 2017 · Langemeier (2017) and Plastina and Johanns (2017) indicate that the custom rate for field cultivating is approximately $12. 50. 00 $6. 35 $ Nitrogen, $0. The 2025 MSU Custom Work Rates Report covers a wide number of basic field machine Apr 30, 2021 · The guide lists updated costs for common custom farming operations. 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. 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. 80 $11. 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. 00 per acre, with a range from $30 to $80 per acre. 68 30,000 $114. 12/23/24 United States Hog Inventory Up 1% Mar 20, 2023 · Combining corn shows an average of $41. Based on a $87,700 grain cart used on 1,900 acres. The adjusted rates are based on an expected $3. 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. 41 22. 85 gallons per acre, the additional rate can be figured using this equation: $4. 37 $4. Tractor Rental (Excludes cost of operator and fuel) Unit. 00 - 7. 00 $4. 13 7% Ridge planting, without band applicator, rate per acre 21. Experience is the best guide to help budget machinery costs. Fuel $30 No Till Corn $35/ acre - Inc. 90 per acre 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 upward pressure on cash rental rates, as farm operators will have additional revenues to allocate to labor, investment, and land. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. As in past years, there are states that have updated their rate guides since a year ago. 50 4 Stalk cutting/shredding Dollars per acre $7. ). 97 from $27. Data Source . 50 per pound 168 84. 67 35. 54 per acre, with the most common rate reported being $16. To see the full report for all operations, complete with all qualifying comments, visit 2021 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. 18 $3. Corn: $150. The top portion of each table shows income. 01/31/25 United States cattle inventory down 1%. edu/programs/agriculture-food-systems/program-areas/farm-and-agribusiness-management/grain-marketing/custom-rates. Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. 70 Mar 24, 2023 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. The average rates increased, and the reported August 2024 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation 20 24 2020 Average Rate 20 4 as Percent of 2020 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION surveys. Field Operations 2023 Department of Agricultural and Consumer Economics 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. 00 11 Bed disking (hipper) Dollars per acre $10. 50 $4. 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. Factors Used in Calculating Costs. As expected the rates seen this past year were much higher than seen in 2020. 20 $27. 19 per acre. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. Table 3. 87 8 Bottom 235 $ 8. 00 per gallon on-farm diesel fuel price Per Acre Basis Unless March 2022 Custom Rate Estimates based on $4. Dry bulk fertilizer application costs an average of $7. RE: Custom Rates - MiradaAcres: Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 88 21. " Farmers use custom rates as a guide for machinery, budgeting, and financial planning. com. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. 00 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. 20 an acre and heavy or offset disking costs an average of $18. The reader should be aware that varying conditions in different areas of the province could significantly affect the rates charged from year to year. 65 18. Rotation Corn in Indiana. Michigan’s most recent custom farming rates report was released in December. The adjusted rates are based on an expected$4. 34 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 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 The 2024 column in the document is included so you can list your anticipated 2024 land rent. 40 18. 50 per gallon for off-road (farm) usage. 25 $11. Dollars per acre Dollars per acre. 77 12% Ridge planting, with band applicator, rate per acre 23. 00 $7. Feb 4, 2025 · To use the spreadsheet, producers should provide their own costs for the different expense items listed. In addition, farmers will no doubt stress the Hours of use per year 175 per year Years of life 10 years Labor charge $21. 10 times combine hours Table 2. This publication presents a summary of custom work and rental rates. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. However, some Clover/Alfalfa Acre 22. The land rental data shown in the data tables is extracted from , a database of farm recordFINBIN summaries of over 2,000 Minnesota farms. 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. generally associated with a 1,400 acre . The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. 85 $11. , and labor for the Vertical tillage averages $19. Labor has also become both a limiting and higher cost expense. 75 $11. 7. ) that will be applied, and the cost per unit for these items. 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 Feb 6, 2024 · The projections in Table 2 show that seed, custom and consultants, machinery, and labor costs are expected to increase between 1% and 5% in 2024 relative to 2023, while those for pesticides and fertilizer are expected to decline by 8% and 14%, respectively. id166_2025 - february 2025 cropland value from the survey is $6,119 per acre, an increase of 12. 20 18. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors Nov 4, 2024 · Calculating the total economic costs of providing a custom service, the tool’s insights reflect the cost of ownership of the tractor and implement, as well as the operating costs for the custom operation. Jan 9, 2024 · Nick Paulson and Gary Schnitkey - Gary Schnitkey - Illinois crop budgets for 2024 have been revised from their initial release in August. 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 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. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. 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 extra per bushel of wheat for yields greater than 27 bushels per acre. Custom planting ranges from $11 to $40 per acre, depending on the type of planter and setup. 00 per acre Soybean $11. 50 per gallon on-farm diesel fuel price for 2024. farmdoc daily (March 2011 to present) Weekly Outlook; Weekly Farm 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. 60 per acre (Range = $75 – $275 per acre) 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. Purdue Educators distributed 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. The state average for harvesting irrigated corn increased 14. 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. 00-25. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. These rates are only intended as a guide. Based on the table, the average rate for planting no-till corn is $21. Mar 27, 2023 · A compilation of more than 2,600 Iowa custom farming rates reports no-till planting costs just over $27 per acre on average in 2023, an almost $4 per acre increase compared to last year. 50 2 23. grain farm The quality of data is dependent on the cooperation received by producers and commercial custom operators. Purdue Extension educators and specialists developed the questionnaire. , ton, bale, or bushel rather than per hour to reduce the variation due to machinery size. Corn Combine: $42. 90 per acre, an increase of 12. Units Seed, $3. 20. 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 Mar 23, 2023 · Custom planting ranges from $12. Michigan State University Extension offers a custom work rates report that offers Michigan-based costs for a variety of common farm operations. 25 1,217 14. 75 / acre. 81 per 1,000 kernels 28,000 $106. The rates shown include the cost of hiring machine with fuel and operator and Most custom rates saw an increase of 10-15%. he rates reported in this guide summarize . The main revision in the budgets is a reduction in the corn and soybean prices assumed for both 2023 and 2024, resulting in lower return and profitability projections. 63 $ 3. 38 $5. Fuel was around $1. The custom rates for operations shown below should be considered only as a good starting point for setting a final rate, Langemeier urges. The average price of top-quality farmland reached $14,392 per acre, a 4. Ohio’s most recent custom farming report was released last July and includes brand-new rates for aerial application of chemicals, seed and fertilizer by drone. 00 26. 8% increase from June 2023. custom rates report. High Rate. 30 $11. 00 Row markout with one product: 0-30 gal. As an example, vertical tillage averaged $15. Compare your actual costs to custom rates. Check the column for average rates from the same Purdue custom rates survey for 2017. 77 $1. Machinery Costs; Finance; Illinois Crop Budgets and Historic Returns; Farmland Leasing; Whole Farm and Other Reports; ARC / PLC Decision; ARC/PLC Calculators. Harvesting and hauling Average Fertilizer Rates. Mar 20, 2024 · My cost here is about $36 per acre. Median Rate. 50 19. $130 per acre (range = $75 - $250 The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. The intent of the survey is to provide producers with additional information to help with their farm management decisions. 25 higher than the 2022 average of $24. Jun 19, 2024 · If fuel costs change, custom operators may adjust their rates accordingly. generally associated with a 1,400 acre grain farm Custom Rates for Farm Services in Missouri T. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and Jul 1, 2024 · The approximate price of diesel fuel during the survey period (January – April 2024) ranged from $3. 5. 35 per acre for broadcast, with a self-propelled sprayer on a tall crop. %PDF-1. , and labor for the Jan 26, 2024 · Check out Pa. 20 - $3. It . Tips for shopping or setting rates Apr 2, 2024 · The Iowa Farm Custom Rate Survey compiled more than 2,800 custom rates provided by 130 farmers, custom operators and farm managers. 74 Aug 8, 2024 · The “Ohio Farm Custom Rates 2024” publication reports custom rates based on a statewide survey of 333 farmers, custom operators, farm managers, and landowners conducted in 2024. The first Using Increase in Iowa Custom Rate: Cost Per Acre $/acre $/acre $/acre % Change: Mowing: $14. Tandem disking costs an average of $16. 80 18. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. Table 4. 71 21. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . News 27 March 2024 For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. Where there are fewer than five responses, the ag economist advises caution using the data. 70 per acre Soybean $44. 2024 Custom No-Till & Drilling Rates In 2024, no-tillers are charging anywhere from $13 to $42 per acre for custom no-tilling. 30 35,000 $133. 1% from last year’s cash rental rate. 20 – $3. 00per acre Grain Cart2 Corn $20. 00 per acre. 18 $8. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors. ) equals the gross return per acre. 4. Details on data collection, how data and outliers were handled, sample size, response rates, and coefficients of variation can be found in the section "Methodology and Quality Measures. 33 per bushel), which is similar to the 2023 cash rent per acre. The report contains state and regional level custom work rates for harvesting, drying and hauling crops, seed preparation, hauling hay and livestock, and other custom work for fall operations. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. is recommended that you use your records to derive your costs. The next portion of each table shows expenses on a per acre basis. Jan 14, 2025 · NDSU Extension and the North Dakota Agricultural Experiment Station conduct a study of custom farm work rates every four years. 87 $1. Breakeven prices to cover variable and total cost are computed for each crop. A range of rates is reported across the state from $10 to $48 per acre. Combining1 Corn $50. 00 per acre (Range = $71 - $280 per acre) Tillage yield and a flat rate charge. Jul 10, 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. 67 20. Including a grain cart and truck in the service can elevate the rate to $65 per acre. 36$ 0. 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 Redirecting to https://extension. According to the Iowa Farm Custom Rate Survey, the average rate for corn combining is approximately $42. 00 30. Less than 100 hp. 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 Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. There are both higher and lower rents than listed here and is subject to local demand and supply. This guide includes useful forms and farm business management information including: Custom rates: What to charge for planting, etc. 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. 98 per acre in 2022. Feb 17, 2025 · Table 1 provides a sample of a few of the spring field operation rates included in the 2024 Nebraska Custom Rates report. 00-30. 6. 75 $10. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. 47 $ 18. 99 per acre, or about $22 per acre. zgbuxsqwkbnsiejwvxqsmvtfvwehfrgjnctcjtplkklboyjnujferdbwujtblcgilfjbcbsgkaygazfnsh