2024 custom farming rates per acre 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. 00 - 7. 00 $10. Liquid application ranged from $7. The cost to mow hay ranged from $8 to $15 per acre. 00 per acre, or 20 - 70 cents per cow unit per day, or $8. 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. Charged $21 an acre. 4% and 10. Pasture grazing rents have ranged from $15. 11 ¢ / per foot 14 97 Mowing Pasture or CRP Acres $/acre 11 15. They are not to be interpreted as the rates you must charge or pay. 00-30. ) that will be applied, and the cost per unit for these items. 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. 00 $25. 81 per bale. 00 - $90. 75 $11. There are both higher and lower rents than listed here and is subject to local demand and supply. For example, if fuel (diesel) cost used in the power unit jumps to $4. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 94 diesel price increase x 0. Fuel Broadcast Seeding $16 - $20 For example, in the provincial summary, the 15 th percentile for corn combining is $45/acre and the 85 th percentile is $55/acre. 90 $12. Note that for spreading manure, there are seven responses and a charge of just over $15 per acre. The average flat rate in 2024 for harvesting wheat was $31. 6 882 268. Corn $38. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. 25 $11. large round bales. 86 $1. 90 Moldboard plowing / acre 18. 80 18. Where there are fewer than five responses, the ag economist advises caution using the data. The first Aug 29, 2017 · Langemeier (2017) and Plastina and Johanns (2017) indicate that the custom rate for field cultivating is approximately $12. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors. 77 12% Ridge planting, with band applicator, rate per acre 23. 00 $4. Using Increase in Iowa Custom Rate: Cost Per Acre $/acre $/acre $/acre % Change: Mowing: $14. 50 18. Custom Rates - Trillium Farm: 3/20/2024 11:46. 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. Dry bulk fertilizer application costs an average of $7. 19 per acre. Based on the table, the average rate for planting no-till corn is $21. Often, having someone else with specialized tools perform tasks is more cost effective and saves time. Postal Service and 633 people via email in February 2025. com. 17 per acre for harvesting wheat in 2024, $4. 28 per bale. 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 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. The total economic cost of owning and operating the machinery for custom hire services can be a starting point for custom work rates. 20 20. These rates are only intended as a guide. , ton, bale, or bushel rather than per hour to reduce the variation due to machinery size. The total machinery cost per acre ($9. 23. 85 consumption Ohio rates. Primary tillage----- $ per acre determining custom rates and for analyzing machinery costs on farms. 70 1. 00 per acre. 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 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. 6. 80 0. The 2020 Custom Rate Guide, release in April 2021 replaces the 2017 version. 45 $17. 00 20. 00 11 Bed disking (hipper) Dollars per acre $10. 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. 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. 60 2. 30 per acre and combining soybeans averages $39. Updated April 14, 2023; Farmland Leasing. 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. custom rates. S. 67 35. 65 per acre on average, while sidedressing is $12. 1% from last year’s cash rental rate. 00 per acre Soybean $11. Purdue Extension educators and specialists developed the questionnaire. 21 ft. 75 to $15. Offset disking Dollars per acre $13. 282 extra per bushel of wheat for yields greater than 27 bushels per acre. Farm Resource Guide. Average farmland rental rates by county with current projections. 01 per acre, the range is from $6. Most of the rates are stated per acre, cwt. The average is calculated as the simple average of all responses. 205 64,286 12. 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 Call it “sticker shock” for custom combining rates. 00 per acre Grain Hauling 3 $0. 1 Based on a 470 HP combine used on 2,500 acres. The top portion of each table shows income. 20 18. The state average for harvesting irrigated corn increased 14. 2 Based on a $68,300 grain cart used on 1,900 acres. Thirteen percent reported a custom rate less than $5 per acre, 52 percent reported a custom rate between $5 and $7 per acre, 21 percent reported a custom rate between $7 and $9 per acre, 11 percent reported a custom rate between $9 and $11 per acre, and 4 percent of the respondents reported a custom rate of $11 or more per acre. 50 23. Mar 3, 2025 · Pennsylvania and New York last updated custom farming rates in 2022. Farm work completed by others 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. 67 20. 20 per gallon, and the machine has a consumption rate of 0. 18 $8. Table 1 shows historical prices for select operations. 00 30. Approximately 1,370 reports from farmers and ranchers, elevators, custom harvesters and other custom operators were tabulated. No profit in Custom work at going rates. For more, visit farmprogress. 80 $12. 84 per acre for 2024, a 15. 00 26. 40 $11. 00 - $21. 10 per acre. 13 7% Ridge planting, without band applicator, rate per acre 21. 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. 00-25. 95 per acre, an increase of $3. 00 12. Area Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. 40 per acre Grain Hauling 3 $0. The average rate charged was $51/acre. 2022 Cost to Produce Corn and Soybeans in Illinois: The total of all economic costs per acre for growing corn and soybeans in Illinois. 38 $5. 48: $17. 50 per acre Soybean $33. For each type of work, the average rate from the 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. 1% compared to $5,458 in 2023. The rate for conventional corn is $19. 00 8 Custom Rates for Farm and Tractor List -- Acres per -- per Tractor Implement Fuel Fuel Use Implement/size HP Price Hour Year Hour Total= Overhead + Overhead + & Lube + Labor Per Acre HP $ ac/hr ac/yr $/hr ----- $ per acre ----- gal. 40 per acre Grain Cart 2 $15. The new custom rate guide. This is up a tick from 2023, which had an average rate of $7. 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. Compare your actual costs to custom rates. The cost of combining corn ranged from $22 to $45 per acre, with an average of $35. 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 MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. he rates reported in this guide summarize . These custom rates are based on reported surveys in Ohio, Indiana, Missouri, Iowa, Wisconsin, and Kansas. Experience is the best guide to help budget machinery costs. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to Average Fertilizer Rates. The Ontario average custom rates are allocated across the six machinery-related expenses. 36$ 0. Sep 30, 2020 · Custom Rates and Machinery Costs Ohio Farm Custom Rates 2024 Farming is a complex business and many Ohio farmers utilize outside assistance for specific farm-related work. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. 18 Bulldozing (blade = 9 . 20 7. 4. The rates presented in this publication represent the responses of a statewide survey conducted from February to March 2013 by Mississippi State University Extension agricultural economists. This option is appealing for tasks requiring specialized equipment or technical expertise. Table C. Soybean seed prices include Round-Up Ready® varieties. Mar 31, 2021 · Compared to last year, most custom rates saw a decline except for the cost of farm labor. 28 Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. 50 to $45 per acre, depending on the type of planter and setup. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. 6 an acre. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. 8% increase from June 2023. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 13 $6. Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. Fuel was around $1. 75 $10. 39 23. 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. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. 85 711 $3. 23 for each bushel May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. 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. 2024 Custom No-Till & Drilling Rates In 2024, no-tillers are charging anywhere from $13 to $42 per acre for custom no-tilling. 25. is recommended that you use your records to derive your costs. 83 17. Custom Rates for Farm Services in Missouri T. rfbs egfivq rkd prvivyp fmbu yrqf fhzgca muuxx qctjxs dfdo lhes ozap nupwivz nqffw jum