Custom farming rates 2024 per acre calculator usa. 90 per acre, an increase of 12.
Custom farming rates 2024 per acre calculator usa North Dakota State University is distinctive as a student-focused, land-grant, research university. ) Mowing CRP or pasture, $/ acre average = 16. 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. A1-33: ARC-CO & PLC Per Acre Payment Estimator for Iowa, 2019-2023 rvey . If we examine these crops separately, the machinery cost per acre in 2023 would be $186 for corn and $116 for soybeans. 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. 20. ) that will be applied, and the cost per unit for these items. Custom Rates can have a large impact on the suggested rental and custom rates (e. Per Acre Costs for Combines of Different Sizes and Acres Harvested. 90 Moldboard plowing / acre 18. 00-30. 50 Appendix Table 1 lists acres used to calculate tota l costs per acre. 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 Oct 12, 2021 · A $19 per hour rate was used in 2019 compared to a $20 per hour rate in 2021. 25 per acre applied. 01 per acre, the range is from $6. 65 18. 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. calculated by inflating the 2020 custom rates using two different inflation indexes. 26 = $0. 10 115. 28 per bale. As noted above, the $151 per acre figure represents an average for corn and soybeans. 40 per acre Grain Cart 2 $15. 50 per gallon for off-road (farm) usage. Purdue Extension educators and specialists developed the questionnaire. 65 139. The $/acre rate is often used because it fixes the renter’s cost and allows the owner/ operator to adjust the operation to the conditions. These values can be used as a base to determine a fair exchange value for both provider and recipient of custom work. 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. 38 $5. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. Flexible rental agreements and how they work. 20 18. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge or pay. The MSU Custom Rates Worksheet is a pdf version of this calculator. 6 an acre. percent. 00 $4. Helpful Links. 18 $8. S. Jul 1, 2024 · The approximate price of diesel fuel during the survey period (January – April 2024) ranged from $3. 85 consumption Since 1975 Alberta Agriculture & Rural Development has annually surveyed custom rates and rental rates to provide information to farmers and custom operators. 73 11 $20. large round bales. 13 7% Ridge planting, without band applicator, rate per acre 21. ). The hours assumed per crop are presented in the budgets. 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. 23 for each bushel Custom rates cover the cost of machinery, fuel, labor and, occasionally, a product such as lime or bale wrap. Purdue Educators distributed 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. Dec 20, 2024 · Farm & Ranch . The wage rate used here is $20. 8% increase from June 2023. 74. (Google custom farm rates for other examples. 35 $ Nitrogen, $0. 00 25. Find tactics for healthy livestock and sound forages. 20 20. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. Animals & Forages. 1 Assumes that 60% of the acres are corn and 40% are soybeans. Liquid application ranged from $7. 00 per acre 2 $20. 70 per bale, with large round bales coming in at $13. 50 4 Stalk cutting/shredding Dollars per acre $7. Actual custom rates will be determined through the supply and demand for services within localized markets Feb 28, 2023 · The rates include charges for machines, power, fuel, lube and labor. 65 Machinery operating wage, per hour 3. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. Custom farming, soybeans, per acre 50. or that you will be able to hire a custom operator in your area for the rates shown. Michigan’s most recent custom farming rates report was released in December. 9% to $47. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. 77 12% Ridge planting, with band applicator, rate per acre 23. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. annual hours of use, financing costs, etc. 60 to $4. The custom farmwork operator also earns a return of 3% interest on the owner’s equity in Feb 4, 2025 · To use the spreadsheet, producers should provide their own costs for the different expense items listed. 99 per acre, or about $22 per acre. 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. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. 63 47. Planting with coulters, without band applicator, rate per acre 20. For each type of work, the average rate from the Jun 10, 2021 · Related: Purdue issues custom rates for field operations. 00 70. 67 20. 40 per acre Grain Hauling 3 $0. Adding miscellaneous income (straw, crop insurance, etc. The 2025 Custom Work Rates report covers a wide number of basic field machine operations. 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. 97 from $27. Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. Charged $21 an acre. Information for Setting 2023 Cash Rents: Results from the Illinois Society suggest rising cash rents in 2023, though at lower rates than occurred in 2022. Therefore, costs per acre decline as acres of use increase for a given implement size. 60 125. 50 per pound 168 84. 84 per acre for 2024, a 15. The hourly rate ($/hr. 12/23/24 United States Hog Inventory Up 1% The quality of data is dependent on the cooperation received by producers and commercial custom operators. 20 - $3. Calculate your own costs matter how many acres are covered. 5 acres, had a rental rate of $48 per acre. 85 gallons per acre, the additional rate can be figured using this equation: $4. 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. To account for differences in efficiency and market conditions, two additional rates are Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs):. Ohio Farm Custom Rates . 19 per acre. Are you considering leasing your land to a solar farm? If so, you may wonder about the lease rates. Download the free 2025 Farm Resource Guide. The total economic cost of owning and operating the machinery for custom hire services can be a starting point for custom work rates. Between 2020 and 2024, average cash rents in Illinois Others rent machinery or perform other services. custom rates. 10 7. There is no assurance that the average rates reported in . 15 range 10. 00 4 Field cultivating Dollars per acre $8. 25 4 20. 00 per acre (Range = $71 - $280 per acre) Tillage 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. 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 Nick Paulson, Gary Schnitkey, Bradley Zwilling, and Carl Zulauf - Nick Paulson - Illinois crop budgets for 2025 are now available and, overall, projections are for lower production costs for corn and soybeans in 2025 compared with 2024. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. 75 $11. Herbicide and seed costs are expected to be similar to Mar 27, 2023 · The average custom rates for farm operations in most other areas of the Upper Midwest tend to be very close to the average Iowa custom rates. 45 $17. 81 per 1,000 kernels 28,000 $106. ) to calculate a cost per acre rate. 3% based on a USDA price index (described below). The state average for disk harrowing (secondary light seedbed preparation) is $18. NDSU Agriculture educates students with interests in agriculture, food systems and natural resources; fosters communities through partnerships that educate the public; provides creative, cost-effective solutions to current problems; and pursues fundamental and applied research to help shape a Dec 27, 2023 · Maryland and Delaware released a custom rate survey earlier this year, while Ohio and New York released custom rate surveys last year and will likely update them in 2024. 23. 23 for each bushel using rates where only 1-2 states were included in the calculation. 5 Operating Costs 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. 00 11 Bed disking (hipper) Dollars per acre $10. 40 18. “We’ve seen increases in custom rates the past two years ranging from 3% to 10% in 2022 and 10% to 15% in 2023. Ploughing – heavy land. per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. 30/machine- hour). Insects & Plant Disease. 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. 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 services. The hours per crop acre include not only the field work but also time for maintenance, travel and other activities related to crop production. The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. If you are interested in Respondents answered questions that corresponded to the expected carrying capacity. 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. 52 $4. Fuel Broadcast Seeding $16 - $20 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. 20 $27. 50 per gallon on-farm diesel fuel price for 2024. ARC-CO & PLC Per Acre Payment Estimator for Iowa, 2024-2025 Use this decision tool to estimate Iowa payments by county for the ARC-CO and PLC 2018 Farm Bill programs for 2023-2024. May 2, 2023 · Call it “sticker shock” for custom combining rates. 28 Mar 23, 2023 · Custom planting ranges from $12. Surveys were mailed/emailed to past Apr 24, 2023 · Expense items used to compute custom charges are typically recorded on an hourly basis and then converted to a per-acre basis using the number of acres that can be covered per hour, such as how many acres of corn you could plant per hour or how many acres of land you could disk per hour. 75 $10. As for fertilizer rates, dry bulk fertilizer averaged $7. Dollars per acre Dollars per acre. Nov 21, 2023 · Check grain bins. , and labor for the the result by the estimated annual hours of use. 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 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. Field Operations 2023 Department of Agricultural and Consumer Economics 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 29, 2017 · The total machinery cost per acre ($9. However, when deciding among alternative crops, labor should be considered a variable cost. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. 00 $12. Postal Service and 633 people via e-mail in February 2025. The Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. 00 65. Mar 22, 2022 · March 2022 Estimates . Table 2 shows estimated costs in 2019 and 2021 for several different tractor sizes, combining corn and soybeans, a chisel plow, and a conventional planter. 90 $11. Corn $38. Farm bill, farm marketing, agribusiness webinars, & farm policy. 2025 MSU Custom Work Rates Report Summary . , ton, bale, or bushel rather than per hour to reduce the variation due to machinery size. Units Seed, $3. Feb 13, 2025 · Table 1 provides a sample of a few of the spring field operation rates included in the 2024 Nebraska Custom Rates report. 21 per bushel) higher than costs in 2021. 30 per acre and combining soybeans averages $39. The first Apr 22, 2021 · Following are the median custom rates for some common farming practices for 2021, based on the Iowa farm custom rate survey: Custom farming rates (tillage, planting and harvesting costs): Corn Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. The client pays a rate per acre for each farming operation requested to be completed. Extension Locations 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. To see the full report for all operations, complete with all qualifying comments, visit 2021 May 2, 2024 · Custom rate charges should also cover noncash costs, including unpaid operator labor and machinery depreciation. Good pasture, which is estimated to support a cow-calf pair on less than four acres, had a rental rate of $40 per acre. In the spreadsheet, producers should know their anticipated seeding rate and seed cost, the rate of fertilizer (nitrogen, potassium, phosphorous, sulfur etc. 66 per bushel for corn and $11. 2 Based on a $68,300 grain cart used on 1,900 acres. 65 83. As acres increase, yearly depreciation and interest costs are spread over more acres for a given implement size. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. 50 18. Table 3. Average farmland rental rates by county with current projections. 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. 12 9. Fuel $30 No Till Corn $35/ acre - Inc. Apr 3, 2018 · Had a neighbor approach us about doing a good sized chunk of custom seeding (2500 acres or so). 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors Average Fertilizer Rates. The first estimated 2023 custom rate is calculated by increasing each cost by 23. 00 Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 85 $11. this guide will cover your costs for performing the service . 7%, respectively. The national average cash rent for cropland increased to $140 per acre in 2019 from $138 per acre in 2018, while th e national average for pa sture increased by $0. This worksheet is also included in the 2025 MSU Custom Work Rates Report publication. Postal Service and 633 people via email in February 2025. They are not to be interpreted as the rates you must charge or pay. is recommended that you use your records to derive your costs. Corn $50. Scheduling and methods of irrigation. 28 Jan 3, 2025 · In 2023, the average machinery cost per acre for the two crops was $151. 80 $12. Custom Rates Sep 4, 2024 · 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. Ag Economics & Marketing. The machinery cost for the case farm is $152. Part II of the custom rates survey included questions about fall operations such as harvesting, hauling grain and livestock, as well as miscellaneous custom work activities on the farm. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. , we have an up-to-date tillage, planting and harvesting fleet along with the latest technology to meet your corn, soybean, wheat and cover crop needs. Has the rate changed over time? Yes. 30 35,000 $133. Row markout: Dry row markout: no product applied 20. 50 193 96. Few responses. 50 to $13 per acre. 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 services. These are the March 2022 crop budget estimations for 2022; prepared by Purdue faculty members Michael Langemeier and Craig Dobbins, Department of Agricultural Economics; Bob Nielsen, Tony Vyn and Shaun Casteel, Department of Agronomy; and Bill Johnson Mar 7, 2024 · Lease rates per acre can vary depending on the region in the USA but typically range from $300-$2,500 per acre annually. Machinery Costs; Finance; Illinois Crop Budgets and Historic Returns; Farmland Leasing; Whole Farm and Other Reports; ARC / PLC Decision; ARC/PLC Calculators. 71 21. 98 per acre in 2022. However, fertilizer costs are still expected to be $39 per acre ($0. At Merrell Bros. 00 12. 95 per acre, an increase of $3. 14 per bu. 00 8 Custom Rates for Farm and Jun 19, 2024 · If fuel costs change, custom operators may adjust their rates accordingly. 54 per acre, with the most common rate reported being $16. A range of rates is reported across the state from $10 to $48 per acre. Current farmer return expectations are negative for both corn and soybeans across all 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. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. 00 6. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. 94 diesel price increase x 0. 4% and 10. This guide includes useful forms and farm business management information including: Custom rates: What to charge for planting, etc. Labor time is assumed to be 1. Tips for shopping or setting rates For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. Labor has also become both a limiting and higher cost expense. percent result in 80% increases in costs. 20 11. surveys. , and labor for the Farmers use custom rates as a guide for machinery, budgeting, and financial planning. 23 for each bushel Apr 24, 2024 · It is important that contractors calculate their own costs based on individual circumstances. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 50 2 23. Area Sep 1, 2020 · For example, the cost of running a 320 horsepower combine on a 2,000-acre farm is $39. 45 19. 00 26. 70 16. 40 $11. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. 83 17. 65 21. Custom planting ranges from $12. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and 02/24/25 USDA extends response deadline for 2024 Census of Horticultural Specialties. 00 $25. 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. Of course, many states no longer do custom rate surveys. 30 17. These rates are only intended as a guide. Change in rate. 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. Yield multiplied by price equals the total production return per acre. The Ontario average custom rates are allocated across the six machinery-related expenses. Our custom farm rates are in line with the Purdue Custom Farming Rates. ---- $ per acre ---- ---- $ per acre ---- ---- $ per acre ----8-row corn head 12-row corn head 16-row corn head their farm business or perform custom work for others. The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020. 50 per acre Soybean $33. 20 per gallon, and the machine has a consumption rate of 0. expected to be $39 per acre ($0. Adjusting custom rates Mar 29, 2022 · The custom farming rates for corn and soybean production are expected to increase by about 1. 1 times the tractor hour resulting in a 10% higher cost per tractor hour. The cost for new and used machinery increased rapidly in the past 12 months 2024 Nebraska Farm Custom Rates Report survey of agricultural producers. 00 - 28. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM Dollars per acre Dollars per acre. 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. 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 flat rate in 2024 for harvesting wheat was $31. 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. , Inc. • Custom Farmwork Rates: ontario. 60 foot db60 15 inch. Acreage increases of 50 percent result in cost decreases of 25 . ca/agbusiness, search for “custom farm rate calculator” • Field Crop Statistics : Harvested Area, Production, Crop Prices, Corn Supply and Disposition: ontario. 04 Rate per Acre Minimum 8. 50 to $45 per acre, depending on the type of planter and setup. Intensively managed pasture, which is estimated to support a cow-calf pair on less than 2. 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. Custom rates reports. 90 $12. If your machinery cost per acre is relatively high, then a farm should consider using a ($5. 15 per hour. 00 181 90. , and labor for the Farm Resource Guide. It is the responsibility of both parties to agree to acceptable terms before Most custom rates saw an increase of 10-15%. For spraying, while the average is $8. 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. In Georgia, cash rent for cropland (irrigated and non-irrigated) increased by $10 to $126 per acre compared to 2018 averages. Compare your actual costs to custom rates. 01/31/25 United States cattle inventory down 1%. Table 1 shows historical prices for select operations. The "Average Final Rates" presented in this report represent these adjusted averages. 50 23. 1 Based on a 470 HP combine used on 2,500 acres. 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. Jan 16, 2025 · Decision Tool, ARC-CO & PLC Per Acre Payment Projections by Crop and County for Iowa, 2019-24, provides projections on Iowa county level payments under ARC-CO and PLC for the 2024 crop as well as historical payment data for crop years 2019 through 2023. 02 . 81 per bale. 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 3, 2025 · Pennsylvania and New York last updated custom farming rates in 2022. 00 20. 70 per acre Soybean $44. 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. , and labor for the 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. Fuel and labor costs per acre are constant regardless of acres covered. Oct 30, 2024 · The MSU Custom Rates Calculator Tool spreadsheet can be used to calculate individual values. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. g. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. 320 hp combine 470 hp combine 540 hp combine Table 3. 50 19. ) equals the gross return per acre. As in past years, there are states that have updated their rate guides since a year ago. Download 2024 Custom Rates Report The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. Rotation Corn in Indiana. 00 21. Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. The average rate charged was $51/acre. 42 ¢ / per foot 14 97 Mowing Pasture or CRP Acres $/acre 11 15. Feb 10, 2025 · A user can evaluate up to three full-season crops, and the wheat double-crop soybean system. ca/agbusiness, search for “custom farm rates” • Custom Farmwork Rate calculator: ontario. Corn: $150. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. Here are some examples. 2025 Dec 5, 2024 · The complete 2024 “Iowa Farm Custom Rate practices to be performed and the amount of payment per acre to be paid to the custom operator by the landowner, and all other pertinent details for Nov 21, 2005 · Several land-grant ag. 2025 Crop Budget File Downloads. 50 5. Note that for spreading manure, there are seven responses and a charge of just over $15 per acre. Soil preparation £/ha £/acre Ploughing – light land. Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. Updated April 14, 2023; Farmland Leasing. . On average, acreage decreases of 50 Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. 25 per acre and increased to $15. $42. For smaller acreages (100 - 200 acre pivots) we charge $15 and acre and 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). 80 18. The rates Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. 33 per bushel), which is similar to the 2023 cash rent per acre. id166_2025 - february 2025 Mar 28, 2023 · The 2023 custom farming rates for corn and soybean production are also expected to increase by about 10 to 12 percent compared to a year earlier, with an increase of nearly 20 percent in the past extra per bushel of wheat for yields greater than 27 bushels per acre. 50 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. Experience is the best guide to help budget machinery costs. The MSU Custom Rates Worksheet is a pdf version of this spreadsheet with which the value can be calculated by hand. 00 per acre ($30 - $80 per 2022 Cost to Produce Corn and Soybeans in Illinois: The total of all economic costs per acre for growing corn and soybeans in Illinois. 68 30,000 $114. Sep 17, 2021 · U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 90/acre or $60. We have a 42' John Deere 1890 and will have the time as all we have to seed for ourselves is late seeded barley and alfalfa. 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. 20 – $3. Row Crop Irrigation. A “custom rate” is the amount agreed upon by both parties to be paid by the custom work customer to the custom work provider. 01/10/25 Corn production down, soybean production up in 2024. 90 per acre Jan 16, 2025 · Decision Tool, ARC-CO & PLC Per Acre Payment Projections by Crop and County for Iowa, 2019-24, provides projections on Iowa county level payments under ARC-CO and PLC for the 2024 crop as well as historical payment data for crop years 2019 through 2023. 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. For a given size of combine, the economic cost per acre declines as the acreage increases. 01 to $11. Based on a $87,700 grain cart used on 1,900 acres. 2025 Farm Bill What-If 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. 80 $14. 90 per acre, an increase of 12. The average price of top-quality farmland reached $14,392 per acre, a 4. 00 for Iowa, 2014. Check the column for average rates from the same Purdue custom rates survey for 2017. 00 Jan 9, 2024 · Nick Paulson and Gary Schnitkey - Gary Schnitkey - Illinois crop budgets for 2024 have been revised from their initial release in August. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. compared to previous custom rates surveys to see if the direction and magnitude of changes seems reasonable. It . ca/agbusiness, search for “field crop statistics Jan 16, 2024 · Fertilizer costs in 2024 are expected to be approximately 19 percent lower than what they were in 2023. 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. It is important to note that other factors such as timeliness, liquidity, solvency, and tax management may affect a farm’s decision to own machines or custom hire Ohio rates. “Generally, 2024 custom rates are down slightly from 2023,” she notes. 40 $12. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge 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 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. For example, if fuel (diesel) cost used in the power unit jumps to $4. The rate for conventional corn is $19. Hay Share Calculator The Hay Share Calculator is designed to calculate the cost of producing baled hay and the value of standing hay. Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. Fuel was around $1. The next portion of each table shows expenses on a per acre basis. Most of the rates are stated per acre, cwt. 00 $14. 41 22. The information below is based on 122 responses and 3,389 custom rates provided by Iowa 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. 18 Bulldozing (blade = 9 feet The tables are calculated on a per acre basis. 08 $12. The rates shown include the cost of hiring machine with fuel and operator and Variable Cost, Overhead Cost, and Gross Revenue per Acre . The top portion of each table shows income. 18 13% Combining Irrigated Corn, flat rate per acre 41. 25 $11. The average rate for baling medium large round bales is $12. 40 $ Seed, Chemical, etc. Appendix Table 1 lists acres used to calculate total costs per acre. On average, acreage decreases of 50 . PDF Excel ABC Crop Enterprise Reports. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. 60 19. 46/acre or $25. Where there are fewer than five responses, the ag economist advises caution using the data. 19. 70 per acre for corn, equal to the cost of running a 540 horsepower combine on a 2,400-acre farm. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 72/machine-hour), and the return to labour is $6,325 ($2. 10 per acre Soybean $8. Fuel Small grain no-till $27/ acre - Inc. These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. As for haying on shares, a common transaction here is baling on halves for lesser value stands of grass hay — not alfalfa. 00 $6. 00 $7. More operations are highlighted in other articles. is often referred to as “custom farm work” or more simply, “custom work”. 75 Source: Iowa State University Extension and Outreach, Iowa Farm Custom Rate Surveys, FM 1698. 00-25. This is up a tick from 2023, which had an average rate of $7. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . Mar 26, 2024 · Iowa State University Extension and Outreach has released the data from their 2024 Custom Farm Rate bar had an average rate of $13. Tips for shopping or setting rates. For each type of work, the average rate from the 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. Cash rent per acre in 2024 is expected to be $253 per acre ($1. 30. 00 117. , and labor for the extra per bushel of wheat for yields greater than 27 bushels per acre. 00 per acre Grain Hauling 3 $0. This publication reports custom rates based on a statewide survey. 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. 56 per bushel for 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. Combining corn shows an average of $41. The state average for harvesting irrigated corn increased 14. Based on the table, the average rate for planting no-till corn is $21. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. This publication presents a summary of custom work and rental rates. " Dec 10, 2024 · The MSU Custom Rates Calculator spreadsheet is available for more in-depth evaluation of individual costs for custom operation. 00 Row markout with one product: 0-30 gal. Compare your costs for baling small squares vs. Others rent machinery or perform other services. ) is then divided by the work rate (acre/hr. 50 25. Soybean seed prices include Round-Up Ready® varieties. They do not include the costs of chemicals, seeds and other materials, with the exception of hay baling materials and where noted. 2021 Indiana Farm Custom Rates Shredding Corn Stalks $/acre 6 9. Cash rent per acre in 2024 is expected to . 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. 00 $10. 74 23. be $253 per acre ($1. 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). Pick up know-how for tackling diseases, pests and weeds. Sep 20, 2023 · Revolving Loan Calculator; Savings Calculator; Specialty Commodity Breakeven Analysis; Time Value Tools; Yield Risk Evaluator; Illinois Farm Management Handbook. 81. Breakeven prices to cover variable and total cost are computed for each crop. economics departments conduct periodic surveys of farmers to the determine the rates they pay/receive for custom work. 5% compared to last year. 80 $3. 10 per acre with the tool Offset disking Dollars per acre $13. 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 2024 TEXAS - National Agricultural Statistics Service 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. 10 per bu. Table C. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. The adjusted rates are based on an expected $3. 02 to $10 per acre. 00 per acre Soybean $11. Break-even prices to cover all costs, including cash rent for farmland, range from $4. trsmznjnsqdfixvqhfyxxkbhubqyngryymsfaktkeatdcutencntkjihgzaehxmnumbkhtyovkmjzohkh