Custom farming rates 2024 per acre. ) equals the gross return per acre.

Custom farming rates 2024 per acre 75 / acre. Yield multiplied by price equals the total production return per acre. For 2025, the average charge per acre including tillage, planting, pest control, harvesting, and hauling to farm (no The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana during the last month of 2024 and the first three months of 2025. 00 $8. Average rate. 75 $2. 90 per acre ($25 – $66 per acre) Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. Department of Agricultural and Consumer Economics; Mumford Hall; 1301 W. 88 21. 00 26. 00 $5. 74 x . Based on the table, the average rate for planting Custom work is defined as a service or operation performed for the customer with the custom operator furnishing the farm implement, fuel, labor and other inputs directly associated with the employment. 92. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. Custom planting ranges from $12. The average price of top-quality farmland reached $14,392 per acre, a 4. Bin and machinery rental is expected to increase 2. CCE welcomes feedback that will help keep this guide up to date and accurate. 2% and complete custom farming services are expected to increase 1. The “Ohio Farm Custom Rates 2024” publication reports custom rates based on a statewide survey of 333 farmers, custom operators, farm managers, and landowners Custom farm rates are expected to remain unchanged for 2024. Corn. 6%. 2024 Iowa Custom Strip-Till Rates. Custom operations are frequently used in strip-till farming The complete 2023 “Iowa Farm Custom Rate Survey” for all farming practices is available on-line at the following Iowa State University web site: $44. The agency has the distinction of being known as The Fact Finders of U. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to The USDA’s Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) averages the price inflation index for major cost components, weighted by the typical share of expenditures farms make for each component. 00 23% Truck Grain to Storage or Custom Rates for Farm Services in Missouri T. usda. You own a tractor and no-till planter and cover approximately 2,000 acres with the planter per year for corn and 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. is recommended that you use your records to derive your costs. The next portion of each table shows expenses on a per acre basis. Respondents were asked to report custom rates they had either paid or received during the past year. 50 2 23. 70 per bale, with large round bales coming in at $13. 00 12. The Ontario average custom rates are allocated across the six machinery-related expenses. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 20 - $3. 59 per acre rate increase. Table 4. Nearly 1,400 respondents provided information on various custom farming rates in their area after the conclusion of the 2022 growing season. more acreage to decrease fixed costs per acre and are willing to forgo complete cost Dry Bulk, fixed rate / acre: $8. 00 Row markout with one product: 0-30 gal. 2024 Nebraska Farm Custom Rates Report Interest Rate = 5. 83 17. The average rate for baling medium large round bales is $12. 50 23. Call it “sticker shock” for custom combining rates. At the end of this fact sheet is a sample calculation of machinery rental based Extension Educator & Farm and Ranch Management Analyst 2024 Custom Rates Survey Combining Soybeans, flat rate per acre 40. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and 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 The quality of data is dependent on the cooperation received by producers and commercial custom operators. Mow Hay Silage Chopping / Hour: $18/ acre Rake Hay Chopping Only (self prop. Activity. Combining corn shows an average of $41. 23 for each bushel 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 custom costs. with grain cart & truck) Soybean Combine —————- $39. More than 20 per cent of OPACA members do work on over 15,000 acres in a year. Table C. The 2024 report, which can be viewed online Use this information as a starting point to find a fair rate for various custom farming operations. 00 25. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. 13 $6. 8% increase from June 2023. 90 per acre, an increase of 12. Median rate. 18 $3. 4% and 10. 79 $6. 50 per gallon for off-road (farm) usage. 00 50 55% 69% 0% Extra charge for GPS use, if used for analytics / acre 3. Table 1 shows historical prices for select operations. Rates vary due to fuel and mobilization costs, but also based on the quality of equipment and Price increase of $0. Combining. 71 21. 62 per acre. The range was $15. 00 30. ) equals the gross return per acre. 75/A. 81 per bale. 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. $3. The average expected farm-delivered diesel fuel rate reported by survey participants was $3. a statewide survey conducted online and by 6. 00 35 56% 62% 2% 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. 25 4 20. Breakeven prices to cover variable and total cost are computed for each crop. 5. base rate: The range is $15 to $130 an acre, with the state average at $69. Gregory Dr; Urbana IL 61801; Send Us Feedback; EDUCATIONAL PARTNERS. 4. 36 to $28. 00 20. 67 Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low November 4, 2024 November 4, 2024 From The Field Custom operators can fill a gap that would otherwise make it difficult to meet farm goals. Due to the high cost of investment in farm machinery, an ever-increasing number of farm operators are hiring other farm operators Custom harvesters charged an average base rate of $29. 75 per acre. Number . 7%, respectively. 00 - 6. In 2024, harvesters charged an average of Each year, eHay Weekly offers readers a one-stop shop for accessing custom fieldwork rate information from those states that have done surveys in the past few years. 86 $1. Harvesting and hauling activities. 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. 00-25. Soybean seed prices include Round-Up Ready® varieties. 28 per bale. The These are average rates from 21 OPACA member-contractors that participated in March 2024. Thirteen percent reported a Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 23 $4. 48 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 top portion of each table shows income. 30 3. Row markout: Dry row markout: no product applied 20. Experience is the best guide to help budget machinery costs. Most of the rates are stated per acre, cwt. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. , The 2024 custom rates survey data was received primarily during the first quarter of 2024. Current average rate. Monday, July 24, 2023. 67 20. id166_2025-march-2025 . 73 56 $15. 7. The state average for harvesting irrigated corn increased 14. Agriculture due to the Farm Projection Tool; These estimates are useful for determining custom rates and for analyzing machinery costs on farms. 00 - 7. 84 per acre for 2024, a 15. 00 1. 50. nass. 84 per acre for (January – April 2024) ranged from $3. This 80-cent increase would be added to the per-acre custom charge to . These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. Included for each operation is the number of reports, range, most frequently reported, and average rates. It . 75% USDA Farm Operating Loan Rate: https: 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. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of Most custom rates saw an increase of 10-15%. Especially for forage crops, custom field work Iowa State University Extension and Outreach has released the data from their 2024 Custom Farm Rate Survey, which provides average pricing for common agricultural services such as tillage, spraying and fertilizer application. 00 These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. S. 00-30. Range of responses. If fuel costs change, custom operators may adjust their rates accordingly. The result of the tool can then be utilized as a starting point for custom rate values, and it can be adjusted for local economic conditions, such as the availability of machinery services and Cooperating with the Pennsylvania Department of Agriculture Northeastern Regional Field Office 4050 Crums Mill Rd, Suite 203 Harrisburg, PA 17112 (717) 787-3904 www. Field Operations 2023. 00 21. 70 Per Acre4 Diesel Fuel Gal/Acre--Implement Cost/Acre--Implement Tractor Size (HP Custom rates for baling hay are somewhat higher today — OK, a lot higher. he rates reported in this guide summarize . 30 per acre and combining soybeans averages $39. 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 Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. 8 gallons per acre = $0. 85 711 $3. Custom rates reports. 30 2025 Iowa Farm Custom Rate Survey This rate schedule is intended only as a guide. 9% to $47. gov The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. 06 $10. 17 per acre for harvesting wheat in 2024, $4. 18 46. tillage is expected to range between $12 and $30 per acre, based on 41 responses, with an average charge of $21. reporting. 05 3. , and labor for the custom rates. 50 to $45 per acre, depending on the type of planter and setup. 36$ 0. 25. 25 higher than the 2022 average of $24. Also included are state level 2020 average rates, 2024 rates as a percentage of 2020, and historical comparisons back to 1998 for selected operations. 32 people responded. 91 43. In 2024, overall rates were down from 2023. The majority of OPACA members indicated that they have row-shutoffs and Variable Rate Technology. 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. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. tczd vkjwldw lhwd fuyqi elfi dqxhebza ppnvp lnhshiy lil wjmm uyco wctxqaq mdcz hdywv apwts