Minnesota custom farming rates 2024 per acre. Soybean seed prices include Round-Up Ready® varieties.
Minnesota custom farming rates 2024 per acre Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates. com. Helpful Links. 31 per bushel at 180 bushels per acre and to $5. For each type of work, the average rate from the May 1, 2023 · For spraying, while the average is $8. 83 17. 50 to $45 per acre, depending on the type of planter and setup. 50 Mar 26, 2024 · Iowa State Releases 2024 Custom Farming Rate Data Injecting anhydrous without a tool bar had an average rate of $13. Compare your costs for baling small squares vs. 19 per acre. The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. , we have an up-to-date tillage, planting and harvesting fleet along with the latest technology to meet your corn, soybean, wheat and cover crop needs. 73 11 $20. At Merrell Bros. , and labor for the 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. Corn: $150. 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. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. Download 2024 Custom Rates Report Jul 10, 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. On the “Field Information” tab of the spreadsheet, the calculations on the right portray the economic impact of cover crops in year 1 of establishment. edu "Complete Harvest (Computed)" adds individual custom rates for mowing/conditioning, raking, baling, and moving/storing (where applicable) to estimate a custom rate for these combined operations. The overall median net farm income for Minnesota farms was $21,964 in 2024, marking the lowest level this century. 00-30. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. 15 per acre and for soybeans is $68. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge or pay. 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 MSU Custom Work Rates Report Summary . for soybeans (as of 10-01-24). 18 $3. Herbicide and seed costs are expected to be similar to 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. 00 - $90. 21 ft. All Custom Rates for Farm Services in Missouri T. 80 15. 50 for over 10gpa and did minimum $300 charge for jobs under 45 acres. 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. The statewide average per acre cash rent for poor-quality land, however, fell by 3. 37 $4. Sign-Up 58 State Acceptance . Mar 27, 2023 · Average 2023 farm custom rates for some typical tillage, planting, and harvesting practices, as well as custom farming rates, are listed in the adjoining Table. 50 193 96. 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. Low acres per hour so you use lots of fuel and labor per acre. 00 25. Additionally, input costs and interest rates could change at any time. "Complete Most custom rates saw an increase of 10-15%. Here in Central WI plow parts wear very fast in sand. 20. 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 24, 2024 · MANHATTAN, Kan. The numbers listed are weighted averages. 3 tons of hay per acre per cutting and 55 small square bales per acre per cutting. Based on the table, the average rate for planting no-till corn is $21. 90 per acre. 6 882 197. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. A range of rates is reported across the state from $10 to $48 per acre. 77 12% Ridge planting, with band applicator, rate per acre 23. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. iastate. for corn and $10. We cannot statistically project future rental rates. Combining corn shows an average of $41. Few responses. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. 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. 6. Michigan’s most recent custom farming rates report was released in December. Non-irrigated cropland rent averaged $200. 10/bu. Note that for spreading manure, there are seven responses and a charge of just over $15 per acre. “Generally, 2024 custom rates are down slightly from 2023,” she notes. To see the full report for all operations, complete with all qualifying comments, visit 2021 2022 Cost to Produce Corn and Soybeans in Illinois: The total of all economic costs per acre for growing corn and soybeans in Illinois. 18 13% Combining Irrigated Corn, flat rate per acre 41. The data is collected from farmers and agricultural producers enrolled in the Minnesota Farm Business Management Education through Minnesota State and Southwestern Minnesota Farm Business Management Association. 50 per acre base price plus $150/hour travel time. 612-625-1964 cffm@umn. S. 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. 00 21. 68 per bushel at 200 bushels per acre. 23. 60 2. 25 per acre. 80 0. 205 64,286 12. Corn $132. gov The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. Has the rate changed over time? Yes. 07/16/21 What is a Farm? 08/05/20 Fiscal Year 2024 -2026; Civil Rights. 7%, respectively. Tips for shopping or setting rates Oct 24, 2024 · USDA is estimating the MYA average prices for the 2024-25 marketing year at $4. expected to be $39 per acre ($0. This publication provides historical perspective on a rental rates paid by a group of Minnesota farmers and trends in those rental rates over the past five years. 00 - 7. 81 per bale. , Inc. 00-25. 1% from last year’s cash rental rate. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. Which I think is pretty reasonable. The average rate for baling medium large round bales is $12. 7 custom rates. There are both higher and lower rents than listed here and is subject to local demand and supply. 00 per acre according to the USDA, National Agricultural Statistics Service. This publication is only a guide. in their farm business or perform custom work for others. , and labor for the 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. 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. 02 to $10 per acre. Liquid application ranged from $7. Compare your actual costs to custom rates. be $253 per acre ($1. 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 Statewide, cash rents exhibited little change from 2023 to 2024 (Table 3). 5-3 bales per acre for 2nd cutting For my tractors total fuel usage to cut, ted, rake and bale is 1. The complete 2023 “Iowa Farm Custom Rate Survey” for all farming practices is available on-line at the following Iowa State University web site: https://www. Indiana per acre cash rent for top quality land increased by 2. Minnesota farmers faced another challenging year, with net farm income continuing to decline. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. 25 per acre applied. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 00 per cow unit per month, depending upon pasture quality. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs):. 3% based on a USDA price index (described below). No-till planting rates are $16. Understand that custom rates are often negotiable. Labor has also become both a limiting and higher cost expense. 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. 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 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 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. 98 per acre in 2022. 95 per acre, an increase of $3. 5-5 4x5 bales per acre for spring cutting and 2. , and labor for the 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). 75 / acre. Introduction . Soybean seed prices include Round-Up Ready® varieties. As for fertilizer rates, dry bulk fertilizer averaged $7. 6 882 268. Change in rate. per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. Field Operations 2023 Department of Agricultural and Consumer Economics The client pays a rate per acre for each farming operation requested to be completed. Dollars per acre Dollars per acre. That means there are rents both above and Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. — The Kansas Department of Agriculture is seeking feedback from Kansans for the 2024 Custom Rates Survey to collect information on rates paid for agricultural custom work. Experience is the best guide to help budget machinery costs. 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. 50 2 23. 67 20. These 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. ttrectoyhcljbggkugvxiwscybiuwtiyhoafefdpackbhgusweolbzjmizdrtwd