Custom farming rates 2024 per acre pdf 25 $11. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and 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. Experience is the best guide to help budget machinery costs. Farm Income and Production Cost Summary: This report summarizes farm income and earnings for FBFM enrolled farms for 2012-2016. For each type of work, the average rate from the survey, the median, and the range are shown. DO THE HARVEST RATES FOR IRRIGATED CORN INCLUDE RUNNING A TRACTOR AND GRAIN CART IN THE FIELD? Below are tables summarizing the results of the 2024 Ohio Farm Custom Rate Survey. 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. For each type of work, the average rate from the The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. 21 per gallon. 75 $11. Energy Information Administration (EIA) was $4. 80 $14. 80 $12. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs):. These custom rates are based on reported surveys in Ohio, Indiana, Missouri, Iowa, Wisconsin, and Kansas. 00 per acre (Range = $71 - $280 per acre) Tillage custom rates. 46, comparable to the 2024 state average of $25. Labor rate used in calculation $27. is recommended that you use your records to derive your costs. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. , and labor for the Sep 4, 2024 · 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. The average is calculated as the simple average of all responses. The Ontario average custom rates are allocated across the six machinery-related expenses. It . Purdue Extension educators and specialists developed the questionnaire. profit increases the rate to $25. Publication Date: April 17th, 2024. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. Postal Service and 633 people via email in February 2025. 20 20. 65 18. Approximately 1,370 reports from farmers and ranchers, elevators, custom harvesters and other custom operators were tabulated. S. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 50 18. The average price of top-quality farmland reached $14,392 per acre, a 4. Updated October 21, 2022 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. Soybean seed prices include Round-Up Ready® varieties. Corn: $150. Publication Number: AEC 2024-01. 90 Moldboard plowing / acre 18. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. This report contains state level custom work rates for land tillage, planting, fertilizer and pesticide application, haying operations, and other custom DOES THE CUSTOM FARMING RATE INCLUDE HAULING GRAIN FROM FIELD TO ELEVATOR? YIELD PER ACRE THAT TRIGGERS AN ADDITIONAL PER BUSHEL CHARGE 3. The average price of retail on-highway diesel in 2023 according to the U. The report contains state and regional level custom work rates for harvesting, drying and hauling crops, seed preparation, hauling hay and livestock, and other custom work for fall operations. 45 19. 8% increase from June 2023. 80 18. 90 $12. 40 18. Purdue Educators distributed 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. 50 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 services. 00 for a no-till planting custom operation reported in the 2024 report. Updated April 26, 2019; Farm and Family Living Income and Expenses: Summary of annual capital and noncapital family living expenditures and income and social security tax payments. 84 per acre for 2024, a 15. Remember, fuel prices have an impact on custom rates and rates may fluctuate based on large movements in fuel prices. ADDITIONAL PER BUSHEL CHARGE WHEN YIELD (noted above) PER ACRE IS MET. This publication reports the average rates for Kansas agricultural custom work during the period of 2023-2024. 85 $11. The state average for harvesting irrigated corn increased 14. 98/hour. 40 $12. With the rising cost of machinery and the uncertainty of local workers, custom agricultural work has become a staple for today’s farm. . 90 $11. Custom Machinery Rates Applicable to Kentucky (2024) Author: Greg Halich, Associate Extension Professor. 50 19. 9% to $47. 40 $11. 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. lrssmkv hfl ptm mcrqjazj fgkar bxwkkz qfz vcp otjnasy evxdog cibps wcqsd sbg ksse wmpiznk