Minnesota custom farming rates 2024 per acre map 00 21. 50 for over 10gpa and did minimum $300 charge for jobs under 45 acres. of Reports Range Average No. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. The state average for disk harrowing (secondary light seedbed preparation) is $18. Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. 23 $4. Any new customers I'm doing $7. Helpful Links. Which I think is pretty reasonable. Tips for shopping or setting rates Dollars per acre Dollars per acre. Field Operations 2023 Department of Agricultural and Consumer Economics rvey . 00-25. 87 $1. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. Cost of production is the total cost minus misc. 70 per bale, with large round bales coming in at $13. 00 $6. Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. Aug 29, 2023 · Center for Farm Financial Management University of Minnesota 130 Ruttan Hall, 1994 Buford Avenue St. The range was $15. Purdue Extension educators and specialists developed the questionnaire. 50 per gallon would cause most custom rates to increase by approximately 5%. To compile this report, rental rates are . The rates The average estimated agricultural value per acre of agricultural lands in the state for the year 2024 is $674. ). Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. The average rate for baling medium large round bales is $12. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 97 from $27. 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 irrigated cropland is $6,119 per acre, and the statewide average cash rental rate is $170, an increase of 12. Download 2024 Custom Rates Report extra per bushel of wheat for yields greater than 27 bushels per acre. for corn and $10. 00 - $90. Price growth was robust, but muted compared to the . 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 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. 40 per acre. 71 21. 99 per acre, or about $22 per acre. Soybean seed prices include Round-Up Ready® varieties. 34 Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 612-625-1964 cffm@umn. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Grand Forks, Pembina, and Walsh counties. Nov 2, 2023 · Rates in different areas of Michigan may be higher or lower than the state average depending upon several factors. Grain auger use (on farm) $0. large round bales. News 27 March 2024 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. 50 23. 13 7% Ridge planting, without band applicator, rate per acre 21. 00 per acre, $2. 16 per bushel. 00 $14. USDA National Agricultural Statistics Service Information. The farmers participate in the Minnesota State College Farm Business Management program as well the Southwest Minnesota Farm Business Management services. Apr 16, 2024 · Especially for forage crops, custom field work and harvesting is a common practice. In Monroe County, factors influencing custom machine work can include field size and shape, ease of access, amount of non-farm traffic to get to the field, machine size, width of roads or bridges, trash, weeds, trees or brush hindering work in the field, depth of field drainage Pipestone had the highest published pasture cash rent at $63. Postal Service and 633 people via email in February 2025. iastate. Indiana per acre cash rent for top quality land increased by 2. This option is appealing for tasks requiring specialized equipment or technical expertise. Hay baling (small square bales) $0. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. 96 per acre in 2020. 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. 85 711 $3. We are Chad and Pam Olsen, and together with our dedicated team, we proudly offer top-tier custom farming, combine rentals, and agronomy services. 85 711 $2. 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). 83 $7. Farm tasks in the report include everything from planting to harvest, with cost data that reflects the average, median and range for each task. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 18 13% Combining Irrigated Corn, flat rate per acre 41. 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. A range of rates is reported across the state from $10 to $48 per acre. 02 to $10 per acre. Farmers use custom rates as a guide for machinery, budgeting, and financial planning. 80/bu. 2025 MSU Custom Work Rates Report Summary . 3% based on a USDA price index (described below). 74 23. , and labor for the Call it “sticker shock” for custom combining rates. 14 $1. 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. for the year 2024 are shown in the following table: County All Agricultural Land Crop Value Noncrop Value 1 Assumes that 60% of the acres are corn and 40% are soybeans. Historical rental data is included for the years 2019 through 2023. Jan 16, 2024 · While the farmland market has been robust in recent years, there are signs that price growth may ease in 2024. The numbers listed are weighted averages. 00 $4. Harvesting forages. 01 per acre, the range is from $6. The statewide average per acre cash rent for poor-quality land, however, fell by 3. 82%, and 3. 10/bu. 71% in 2022, 2023 and 2024, respectively. Statewide, cash rents exhibited little change from 2023 to 2024 (Table 3). For crops, land costs are based on average cash rental rates. Data Source . Dec 10, 2021 · In this area average hay ground will produce 4. This is up a tick from 2023, which had an average rate of $7. Mar 28, 2024 · Custom farm rates are expected to remain unchanged for 2024. 00 25. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. , and labor for the Planting with coulters, without band applicator, rate per acre 20. Ohio Farm Custom Rates 2024 Operation Standard Mechanical Weed Control Average Responses Max Min Median Deviation1 High Low Rotary Hoeing / acre $12. 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. 00 12. 98 per acre in 2022. Oct 24, 2024 · USDA is estimating the MYA average prices for the 2024-25 marketing year at $4. The complete 2022 “Iowa Farm Custom Rate Survey” for all farming practices is available on-line at the following Iowa State University web site: https://www. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. As acres increase, yearly depreciation and interest costs are spread over more acres for a given implement size. 67 20. Irrigated cropland rent averaged $214. 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 services. “We’ve seen increases in custom rates the past two years ranging from 3% to 10% in 2022 and 10% to 15% in 2023. 00 per acre, or 20 - 70 cents per cow unit per day, or $8. Mar 29, 2022 · Average 2022 farm custom rates for some typical tillage, planting, and harvesting practices, as well as custom farming rates, are listed in the adjoining Table. This worksheet is also included in the 2025 MSU Custom Work Rates Report publication. Updated April 14, 2023; Farmland Leasing. The estimated agricultural value per acre and the average values of cropland and noncropland per acre in each county . 00 20. 00 6. 41 22. 81 per bale, total time start to finish averages 1. Change in rate. "Complete Jan 9, 2024 · If the cash rental rate or other expenses are $50 per acre higher than estimates, breakeven levels increase to $6. 28 Find local businesses, view maps and get driving directions in Google Maps. 00 Row markout with one product: 0-30 gal. In bold, you can see how much is left to cover land rent and owner (labor and management charge). 30 per acre and combining soybeans averages $39. Compare your actual costs to custom rates. Liquid application ranged from $7. The survey is administered through the K-State Land Use Survey Center and will be open through April 30, 2024. The land rental data shown in the data tables is extracted from , a database of farm recordFINBIN summaries of over 2,000 Minnesota farms. On average, acreage decreases of 50 Jul 2, 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. Custom Rates - Trillium Farm: 3/20/2024 11:46. 00 per cow unit per month, depending upon pasture quality. The 2024 statewide average pasture is $1,599 per acre, and the statewide average cash rental rate is $45, an increase of 15. These per acre, an increase of $3. For each type of work, the average rate from the historical land rental rates and expenses for thousands of acres of Minnesota in Minnesota. Non-irrigated cropland rent averaged $200. 00 - $21. 10 from $24. Commodity price probabilities for corn, soybeans, alfalfa hay, straw, grass hay, hogs and cattle. May 1, 2023 · For spraying, while the average is $8. Acres on CRP Contracts Expiring Between 2018-22 (Enrolled More Than Once) CRP Contract Summary 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. 90 per acre, an increase of 12. The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020. , and labor for the Dec 10, 2024 · The MSU Custom Rates Calculator spreadsheet is available for more in-depth evaluation of individual costs for custom operation. 28 per bale. 54 per acre, with the most common rate reported being $16. 60 per acre (Range = $75 – $275 per acre) Find local businesses, view maps and get driving directions in Google Maps. 23 for each bushel 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 2025 Custom Work Rates report covers a wide number of basic field machine operations. cvke mbmk mneb kjeqd zfqhj iilgy hajg cbccwq lpjng dftncc tnaj poaf rvsjj mbepr yvuwtzp