Custom farming rates 2024 per acre calculator The first Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. %PDF-1. 40 $ Seed, Chemical, etc. 81 per bale. 6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled Nov 4, 2024 · The MSU Custom Rates Calculator Tool spreadsheet can be used to calculate those individual values, which can be used as a base to determine a fair exchange value for both provider and recipient of custom work. Fuel and labor costs per acre are constant regardless of acres covered. 1% from last year’s cash rental rate. 00 11 Bed disking (hipper) Dollars per acre $10. Has the rate changed over time? Yes. 13 $6. 81 per 1,000 kernels 28,000 $106. cropland value from the survey is $6,119 per acre, an increase of 12. compared to previous custom rates surveys to see if the direction and magnitude of changes seems reasonable. large round bales. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. 10 per acre with the tool bar. In the spreadsheet, producers should know their anticipated seeding rate and seed cost, the rate of fertilizer (nitrogen, potassium, phosphorous, sulfur etc. extra per bushel of wheat for yields greater than 27 bushels per acre. 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. 00 $7. iastate. The survey was conducted in 2020, and was expanded to include more custom operations and equipment rentals than the previous versions. ca/agbusiness, search for “field crop statistics Apr 30, 2021 · The guide lists updated costs for common custom farming operations. Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn: $150. The 2025 report was published in the March edition of Ag Decision Maker and includes 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators and farm Jan 16, 2025 · Decision Tool, ARC-CO & PLC Per Acre Payment Projections by Crop and County for Iowa, 2019-24, provides projections on Iowa county level payments under ARC-CO and PLC for the 2024 crop as well as historical payment data for crop years 2019 through 2023. Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 calculated by inflating the 2020 custom rates using two different inflation indexes. The hourly rate ($/hr. Michigan’s most recent custom farming rates report was released in December. For example, if fuel (diesel) cost used in the power unit jumps to $4. 13 7% Ridge planting, without band applicator, rate per acre 21. 80 $14. 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 ($5. Find tactics for healthy livestock and sound forages. Table C. The Ontario average custom rates are allocated across the six machinery-related expenses. Tips for shopping or setting rates $YDLODEOH DW Z W l l Á Á Á X v X u µ X µ l ( u z u v P u v l µ P r } r } ( r } µ ] } v Sep 20, 2023 · Revolving Loan Calculator; Savings Calculator; Specialty Commodity Breakeven Analysis; Time Value Tools; Yield Risk Evaluator; Illinois Farm Management Handbook. 81. 00 30. Calculate your own costs 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. Helpful Links. 30 35,000 $133. Experience is the best guide to help budget machinery costs. 8% increase from June 2023. 50 Ohio rates. Of course, many states no longer do custom rate surveys. 80 18. 20 18. 3 tons of hay per acre per cutting and 55 small square bales per acre per cutting. 4% and 10. ) is then divided by the work rate (acre/hr. The detailed calculations in this guide are based on the inputs and returns associated with attaining a target yield in the 80th percentile for each soil The tables are calculated on a per acre basis. There is no assurance that the average rates reported in . 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. 2021 Indiana Farm Custom Rates Shredding Corn Stalks $/acre 6 9. 19 per acre. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. Updated August 29, 2023. On average, acreage decreases of 50 . 19. Assumptions for the computed harvest include 1. Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. As in past years, there are states that have updated their rate guides since a year ago. Fuel $30 No Till Corn $35/ acre - Inc. This worksheet is also included in the 2025 MSU Custom Work Rates Report publication. The MSU Custom Rates Worksheet is a pdf version of this calculator. 1 Based on a 470 HP combine used on 2,500 acres. Planting with coulters, without band applicator, rate per acre 20. Area 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. Download 2024 Custom Rates Report Apr 24, 2024 · It is important that contractors calculate their own costs based on individual circumstances. Fuel Small grain no-till $27/ acre - Inc. PDF Excel ABC Crop Enterprise Reports. 00 181 90. 74 23. Scheduling and methods of irrigation. ) to calculate a cost per acre rate. Acreage increases of 50 percent result in cost decreases of 25 percent. 02 . 63 47. 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. 00 per acre (Range = $71 - $280 per acre) Tillage: 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. “Generally, 2024 custom rates are down slightly from 2023,” she notes. 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. 50 per pound 168 84. 00 $10. These values reflect the cost of ownership of the tractor and implement, as well as the operating costs for the custom operation. 10 per bu. The state average for disk harrowing (secondary light seedbed preparation) is $18. 50 to $45 per acre, depending on the type of planter and setup. 65 18. 9% to $47. Others rent machinery or perform other services. 00 6. Information from the FSA-63 ECAP application mailed from FSA includes the eligible commodity acreage, based on the applicant’s share interest, for all farms nationwide and can be used to populate the acres in the ECAP calculator. 90/acre or $60. Postal Service and 633 people via e-mail in February 2025. Combining corn shows an average of $41. 2025 Farm Bill What-If Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. The top portion of each table shows income. 1% compared to $5,458 in 2023. 00 per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. Appendix Table 1 lists acres used to calculate total costs per acre. 70 per bale, with large round bales coming in at $13. Dollars per acre Dollars per acre. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors 2025 Crop Budget File Downloads. Machinery Costs; Finance; Illinois Crop Budgets and Historic Returns; Farmland Leasing; Whole Farm and Other Reports; ARC / PLC Decision; ARC/PLC Calculators. Custom Rates Apr 23, 2021 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. 25 $11. Purdue Extension educators and specialists developed the questionnaire. 20 $27. 90 $12. 41 22. 75 $11. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 50 18. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 90 $11. Custom rates reports. Oct 30, 2024 · The MSU Custom Rate Calculator Tool calculates the total economic costs of providing a custom service. These rates are only intended as a guide. 50 North Dakota State University is distinctive as a student-focused, land-grant, research university. 00 8 Custom Rates for Farm and Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates. 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. 40 18. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. Row markout: Dry row markout: no product applied 20. 00-25. 88 21. Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. Liquid application ranged from $7. The adjusted rates are based on an expected$4. this guide will cover your costs for performing the service . 90 per acre, an increase of 12. 00 $14. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge or pay. 01 per acre, the range is from $6. ) that will be applied, and the cost per unit for these items. extension. 30. edu/agdm/crops/html/a3-29. is recommended that you use your records to derive your costs. 40 $12. Yield multiplied by price equals the total production return per acre. 90 Moldboard plowing / acre 18. Most custom rates saw an increase of 10-15%. The rates shown include the cost of hiring machine with fuel and operator and 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. 80 $12. Farm bill, farm marketing, agribusiness webinars, & farm policy. Pick up know-how for tackling diseases, pests and weeds. 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. 67 20. 18 $3. 28 Mar 27, 2025 · Farm & Ranch . 00 $6. The statewide average cash rental rate for 2024 is $170, an increase of $21 or 14. 00 21. 3% based on a USDA price index (described below). 02 to $10 per acre. Fuel was around $1. 40 per acre Grain Cart 2 $15. Charged $21 an acre. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Mar 27, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. 87 $1. 5 Operating Costs Appendix Table 1 lists acres used to calculate tota l costs per acre. 6 an acre. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. Where there are fewer than five responses, the ag economist advises caution using the data. 2024 Budgets for All Regions: This publication presents crop budgets for three regions in Illinois: northern, central, and southern Illinois. 71 21. 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. rpfbq ooij lrain imyyy xcpqnayi nuo eifrf fffd cpzru vnigk nwopt zlxg efw iycg vkkdjs