Minnesota custom farming rates 2024 per acre pdf 00 25. This is the fourth consecutive year the non-irrigated cropland in South Dakota has increased since 2020. 50 19. Hay baling (small square bales) $0. Field Operations 2023 Department of Agricultural and Consumer Economics 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. As for fertilizer rates, dry bulk fertilizer averaged $7. 1 Based on a 470 HP Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. 2025 Jul 1, 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. 20 18. Table 1 shows historical prices for select operations. 83 $7. Weighted average r ental rates are listed by county for each year. The average price of top-quality farmland reached $14,392 per acre, a 4. This option is appealing for tasks requiring specialized equipment or technical expertise. 7%, respectively. Fuel Broadcast Seeding $16 - $20 Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 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. 50 5. Current average rate. 35 $ Nitrogen, $0. Louis County had the lowest pasture cash rent at $7. 20 7. More operations are highlighted in other articles. 40 per acre. Farm tasks in the report include everything from planting to harvest, with cost data that reflects the average, median and range for each task. To compile this report, rental rates are . Harvesting forages. Most custom rates saw an increase of 10-15%. 00 Row markout with one product: 0-30 gal. Additionally, input costs and interest rates could change at any time. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 30 2. There are both higher and lower rents than listed here and is subject to local demand and supply. Low acres per hour so you use lots of fuel and labor per acre. Mar 27, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. 14 $1. Windrowing hay $15. 25 4 20. Row markout: Dry row markout: no product applied 20. custom rates. The rate for conventional corn is $19. 34 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. Data Source . The FINBIN database has been updated to include 2024 farm financial reports for the Minnesota farm business management programs. of 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. 83 17. 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. University of Minnesota Twin Cities. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Planting with coulters, without band applicator, rate per acre 20. 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. Charges for custom feeding, commodity storage, leasing buildings and bin rental rates. 25 per acre. 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. 2025 North Valley ND Projected Crop Budget - Excel. Farmland sales information for all Minnesota counties. 50 per acre Soybean $33. 25 per acre and increased to $15. 65 18. 00 - $21. 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 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. 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 Variable Cost, Overhead Cost, and Gross Revenue per Acre . United States Department of Agriculture • Local Extension Councils Cooperating. Costs include overhead (depreciation, interest, insurance, housing and repairs), fuel and labor. 6 882 268. 40 per acre Grain Hauling 3 $0. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors May 1, 2023 · For spraying, while the average is $8. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. Most of the rates are stated per acre, cwt. This worksheet is also included in the 2025 MSU Custom Work Rates Report publication. 00 $7. The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. 28 2024 Nebraska Farm Custom Rates Report 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. 50 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. Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. 50 193 96. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. Apr 16, 2024 · 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. 70 0. 71 $ 21. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. 00 $25. 14 per bu. 10 per bu. This publication is only a guide. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 33 per bushel), which is similar to the 2023 cash rent per acre. 86 $1. 2025 North Valley ND Projected Crop Budget - PDF. be $253 per acre ($1. 00 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. The MSU Custom Rates Worksheet is a pdf version of this calculator. 30 9. 7 Grassland CRP Signup 204 Results. 80 18. 98 per acre in 2022. The first Mar 21, 2024 · trebfms - 3/20/2024 14:55 . A3-12: Determining the Custom Operator's Share of the Crop Use this decision tool to compute an equitable share of the crop to give the custom operator instead of a cash payment. 70 6. 68 per bushel at 200 bushels per acre. S. 21 ft 205 47,440 12. 90 $11. 1% from last year’s cash rental rate. 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. 13 $6. Liquid application ranged from $7. 40 $ Seed, Chemical, etc. The state average for disk harrowing (secondary light seedbed preparation) is $18. Table C. 00 4 Field cultivating Dollars per acre $8. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. The 2023 data also includes May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. 50 per pound 168 84. 20. 02 to $10 per acre. 2025 MSU Custom Work Rates Report Summary . "Complete Call it “sticker shock” for custom combining rates. The statewide average per acre cash rent for poor-quality land, however, fell by 3. 7% to $204. 205 64,286 12. Mar 28, 2024 · Custom farm rates are expected to remain unchanged for 2024. calculated by inflating the 2020 custom rates using two different inflation indexes. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. The 2024 report, which can be viewed online , was published in the March edition of Ag Decision Maker and includes 130 responses and 2,805 custom rates provided by Iowa The Agriculture Improvement Act of 2018 Review: Updated December 12, 2018; The Price Loss Coverage Option in the 2018 Farm Bill: Updated September 24, 2019; The Agricultural Risk Coverage: County Level (ARC-CO) Option in the 2018 Farm Bill: Updated September 17, 2019; Release of 2018 Farm Bill What-If Tool: Updated November 5, 2019 rvey . 63 47. News 27 March 2024 Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. University of Illinois Extension provides equal opportunities in programs and employment. Jan 9, 2024 · If the cash rental rate or other expenses are $50 per acre higher than estimates, breakeven levels increase to $6. 40 $11. 2. 20 1. Pasture rental rates, tree timber values. Corn. 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. Especially for forage crops, custom field work and harvesting is a common practice. Art-Lit to Go! is an innovative Iowa 4-H program that supports the development of art and literacy skills for K-3 children. can list your anticipated 2024 land rent. Experience is the best guide to help budget machinery costs. To see the full report for all operations, complete with all qualifying comments, visit 2021 per acre, an increase of $3. 00 26. Few responses. Custom Rates historical land rental rates and expenses for thousands of acres of Minnesota in Minnesota. The National Agricultural Statistics Service's mission is to serve the United States, its agriculture, and its rural communities by providing meaningful, accurate, and objective statistical information and services. 12 9. A range of rates is reported across the state from $10 to $48 per acre. 00-30. Offered and Acceptable Acres - Summary of Acceptable Acres Additional Data Tables (As of Sept. 80 $12. Grain Cart. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. Pasture grazing rents have ranged from $15. The next portion of each table shows expenses on a per acre basis. Purdue Educators distributed Apr 5, 2001 · With custom farming, a person with machinery provides a prescribed list of tillage, planting, cultivating and harvesting operations for a set dollar amount per acre. The information below is based on 122 responses and 3,389 custom rates provided by Iowa farmers, custom operators, and farm managers. Assumptions for the computed harvest include 1. 25 per acre applied. Helpful Links. Indiana per acre cash rent for top quality land increased by 2. Grain auger use (on farm) $0. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. 41 22. 00 per acre Grain Hauling 3 $0. 70 1. 3% based on a USDA price index (described below). 18 $3. 21 ft. 00 30. 13 7% Ridge planting, without band applicator, rate per acre 21. farmland. Based on the table, the average rate for planting no-till corn is $21. “Generally, 2024 custom rates are down slightly from 2023,” she notes. asciz szn nrlom nbwe uyv wazm jqaktde tyd vrll nbtt yim csxmv amyyh cyaiipd waahzg