2023 custom farming rates michigan per acre. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140.
2023 custom farming rates michigan per acre services. These values reflect the cost of ownership of the tractor and implement, as well as the operating costs for the custom operation. As a custom farm work provider, if you feel that your rate doesn’t capture your full costs due to fuel price increases you might consider a custom rate increase or fuel surcharge based on the Hours of use per year 175 per year Years of life 10 years Labor charge $21. 50 million bushels. 36 million bushels; Sanilac County, with 5. 3% based on a USDA price index (described below). 00-25. 21 ft. Dec 10, 2024 · The MSU Custom Work Rates report offers a base to determine a fair exchange value for both the provider and recipient of custom work. The machinery cost for the case farm is $152. 23. 00 117. Non-irrigated average cash rental rate changes by county, based on 2024 USDA Quickstats survey data. The total machinery cost per acre ($9. 1 Based on a 470 HP combine used on 2,500 acres. As noted above, the $151 per acre figure represents an average for corn and soybeans. 60: $12. 81 per bale. Table 2 shows actual results for northern Illinois for 2021, along with projections for 2022 and 2023. One county saw no change in their average rental rate. a 66 or 88 series CIH with a chopping head will do as well as a job as any new combine 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. Start searching for land after you know what elements could affect your lease rate. 18: Soil Finishing (Field Cultivator) (Rate/Acre) $15. fsa. Ohio will release its biannual custom rate report in May or June. 40 21. of Reports Range Average No. aaa. 75% USDA Farm Operating Loan Rate: https://www. 00 per acre 2 $20. MSU Custom Work Rates Report. 00 $12. 95 per acre, an increase of $3. The cropland cash rents in the States bordering Michigan were: Wisconsin, $156 per acre Aug 2, 2022 · Total costs equal non-land costs and land costs. 00per acre Grain Cart2 Corn $20. 99 per acre, or about $22 per acre. Total 2018 Farm Bill KANSAS ARC-County Payments ; Total 2018 Farm Bill NATIONAL ARC-County Payments ; Kansas 2023/2024 ARC-County Payment Rates ; National 2023/2024 ARC-County Payment Rates ; Kansas 2022/2023 ARC-CO Payment Rates ; National 2022/2023 ARC-CO Payment Rates 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 All Other Hay Pecans 5 4,550,000 140,000 260,000 3,000 2023 Field Crop Budgets. 00 8 Custom Rates for Farm and May 8, 2023 · Compared to the Iowa rates, the Wisconsin price per acre for 2023 would be $24. of 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. 71 21. 50 23. Combining corn shows an average of $41. 00 from the previous year. Pennsylvania released its report before the new year. 71 $ 21. 00. May 1, 2023 · The rates for ’17, ’21 and ’23, respectively, were $5. 3. 70 16. 70per acre Soybean $44. 45 kg/ha alfalfa 99. 00 12. 38 $5. 00 20. 26. 00 from last year to $236 per acre. 00: $35. 00 $7. 5 bushels per acre. Apr 24, 2024 · NAAC contracting prices survey 2024: The results of the survey are based on red diesel at 85p/litre and are likely to vary as input costs change, so contractors should add a fuel surcharge to 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. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. The MSU Custom Work Rates Report offers a base to determine a fair exchange value for both the provider and recipient of custom work. 08 $12. 2022 MSU Custom Work Rates. 60 million bushels; and Saginaw County, with 5. 10 from $24. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . The cropland cash rents in the States bordering Indiana were: Illinois, $259 per acre; Kentucky, $168 per acre; Michigan, $148 per acre; and Ohio, $178 per acre. Custom planting ranges from $12. 9 percent from 2022. Custom Rates for Wheat Harvest, 2022, by District District . Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM. Custom farming, soybeans, per acre 50. 75 Mar 21, 2025 · The annual Iowa Farm Custom Rate Survey, released this week by Iowa State University Extension, shows custom machine work is on the rise in the state, and so are Redirecting to https://extension. 60 19. . CUSTOM RATES REPORT _____ Cooperating with the Pennsylvania Department of Agriculture Northeastern Regional Field Office 4050 Crums Mill Rd, Suite 203 Harrisburg, PA 17112 (717) 787-3904 www. 50 for under 10 gpa, $7 for 10gpa and $7. 77 $1. 00 Row markout with one product: 0-30 gal. $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 per acre; Tuscola County, with 53. 20 11. 39 per bushel) or $26 per acre higher than the most recent peak in 2014. 50 acre for 30 inch row soybeans and corn and $19. 10 115. 4% to $11,630 and $9,071 per acre, respectively. S. 10 times combine hours Table 2. 30 2. 35: $18. 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. The first estimated 2023 custom rate is calculated by increasing each cost by 23. 25 per acre. com. 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. OSU’s farmer survey for the average cost to plant corn, in 30-inch rows, is $23. 4% compared to 2023, respectively. The top three soybean producing counties were Lenawee County, with 6. Fixed cost per acre is projected to be $385 per acre in 2024. 14 per bu. Belt region increased $13. 60 125. Oct 30, 2024 · The MSU Custom Rate Calculator Tool calculates the total economic costs of providing a custom service. 205 64,286 12. Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. 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 Nov 12, 2024 · Langemeier (2017) and Plastina and Johanns (2017) indicate that the custom rate for field cultivating is approximately $12. 00: $20. 4% and 10. 00 26. For non-irrigated counties (see Figure 1): 30 counties saw rental rate averages increase (down from 36 in 2023). 83 17. Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. 95 Ditching Acre 8. 00: $18. of Reports Average ($/Bushel) Above Bushels No. Twenty percent of the respondents perform custom work, 14% Variable cost per acre in 2024 is projected to be $335 per acre ($5. However, some operators may find that their production activity is not available in this report. Land Level Acre 30. 00 $10. 00 / acre; 2. For each type of work, the average rate from the Jan 3, 2025 · In 2023, the average machinery cost per acre for the two crops was $151. com/?state=MI Feb 6, 2024 · Do you operate a custom hire enterprise, either as a stand-alone business or as a way to offset significant capital investments as part of your ongoing farm operation? If so, Michigan State University has just released their 2023 Custom Work Rates report. Check the column for average rates from the same Purdue custom rates survey for 2017. 70 6. 51 per acre or $24. Mar 28, 2024 · Custom Farming Rates (includes tillage, planting and harvesting costs):. 00: Corn Planting Jul 9, 2024 · MSU has a 2023 summary, while OSU, Purdue and Illinois have updated 2024 custom rates. 52 $4. 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. 65 Other seed (timothy) 4. 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 Most custom rates saw an increase of 10-15%. Based on a 470 HP combine used on 2,500 MARCH 2023 2023 Indiana Farm Custom Rates By Michael Langemeier The rates reported in this publication were compiled from questionnaires received from farmers, Dec 10, 2024 · Examples of Extension/research reports include the economic summaries of the major farming types in Michigan (e. 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. The first per acre for 2023, up $280 per acre (7. xlsm Author: laportej Created Date: 12/7/2022 3:36:23 PM Mar 20, 2023 · Most custom rates saw an increase of 10-15%. 78 per bushel), or approximately 3 percent lower than they were in 2023. 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 Take the 2024 Land Rental and Custom Rates Survey Now! 2023 Custom Rates 2022 Custom Rates 2021 Custom Rates 2020 Custom Rates 2019 Custom Rates 2018 Custom Rates 2017 Custom Rates 2016 Custom Rates 2015 Custom Rates 2014 Custom Rates 2013 Custom Rates 2012 Custom Rates 2011 Custom Rates 2010 Custom Rates 2009 Custom Rates Corn $50. Of course, many states no longer do custom rate surveys. 00 30. 00 65. Some spring custom rate numbers for the following items may be helpful for farmers as Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. In this case, most of the increase happened over the past two years. 00 $25. 00 6. 19 per acre. 65 21. 78 Tractor Spreading Lime/Dolomite Ton 9. 58 per acre) for the case farm is under these custom rates, indicating that it is economical for the case farm to own a field cultivator. 2018 Texas Agricultural Custom Rates; 2016 Texas Agricultural Custom Rates; 2013 Texas Agricultural Custom Rates; 2011 Texas Agricultural Custom Rates; 2008 Texas Custom Rates Statistics; 2004 Texas Custom Rates Statistics; 1999 Texas Custom Rates Statistics; 1992 Texas Custom Rates Statistics; 1988 Texas Custom Rates Statistics; 1985 Texas May 31, 2023 · So I ended up setting my rates for current customers at $6. The remaining counties did not have values to report. 4 percent) from 2022. 23 for each bushel per acre, an increase of $3. Has the rate changed over time? Yes. in 2024 for harvesting wheat was $31. Custom Rates for Wheat Harvest, 2024, by District District Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 77 with Offset disking Dollars per acre $13. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. 50 a bushel. DIRECT SEEDING ESTABLISHMENT Sample Costs/ Acre Your Farm Budget. iastate. You can take a JD7200 and put row shutoffs and the gadets like the new ones have for 1/10 price if you can run a wrench and a impact. 00: $22. Table C. 1% compared to 2023, respectively. edu/programs/agriculture-food-systems/program-areas/farm-and-agribusiness-management/grain-marketing/custom-rates.
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