2023 custom farming rates michigan per acre. 00 per hour Labor time 1.

2023 custom farming rates michigan per acre MSU Custom Work Rates Report. 70per acre Soybean $44. 64 Tractor Spreading Lime/Dolomite Acre 23. Cropland cash rents in the Lake States increased $10. 90 per acre, an increase of 12. 21 ft 205 47,440 12. 00 $10. 00 11 Bed disking (hipper) Dollars per acre $10. ALFALFA-TIMOTHY HAY. 23 for each bushel per acre, an increase of $3. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. The United States cropland value averaged $5,460 per acre, an increase of $410 per acre (8. 20 1. The information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. Custom rates reports. 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. Check the column for average rates from the same Purdue custom rates survey for 2017. 75 to $15. 97 from $27. 1 county saw no change in their average rental rate. Pasture cash rent in the United States was Dec 25, 2023 · NW Wisconsin: Dont need a 400k planter and a 500k combine to do custom work or farm at all. The rate for conventional corn is $19. Change in rate. 00: Corn Planting Jul 9, 2024 · MSU has a 2023 summary, while OSU, Purdue and Illinois have updated 2024 custom rates. Has the rate changed over time? Yes. Postal Service and 633 people via email in February 2025. com. 00 from the previous year. 60: $12. 36 million bushels; Sanilac County, with 5. 6 882 268. 00 from last year to $236 per acre. Custom Rates for Wheat Harvest, 2022, by District District . 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. edu Iowa Farm Custom Rate Survey was mailed to 316 people by the US Postal Service and 237 people via email in mid-February 2023. 20 Broadcasting Bulk Dry Fertilizer Acre 11. 00 $25. 1% compared to 2023, respectively. 25 per acre. 18: Soil Finishing (Field Cultivator) (Rate/Acre) $15. Combining corn shows an average of $41. 00per acre Grain Hauling 3 $0. Farmers can expect that contracting rates would be 25 per cent higher than OMAFRA's values. The total machinery cost per acre ($9. The United States pasture value averaged $1,760 per acre, an increase of $110 per acre (6. 50 2 23. To see all the price adjustments for 2023, take a look at the tables in the article, “ Estimating custom rates for 2023 Wisconsin farm operations . 83 17. For non-irrigated counties (see Figure 1): 30 counties saw rental rate averages increase (down from 36 in 2023). 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. 3% based on a USDA price index (described below). 78 Tractor Spreading Lime/Dolomite Ton 9. 20 – $3. 00 30. Here we provide guidance to estimate this year’s custom rate based on the 2020 Custom Rate Guide for Wisconsin. 60 2. May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. Dollars per acre Dollars per acre. 00 65. Grain cart hauling is up 65 cents an acre for both corn and soybeans — to $8 and $6. 1% and 14. calculated by inflating the 2020 custom rates using two different inflation indexes. This report covers a wide number of the basic field machine operations providing a summary of custom machine rates that farms have reported they charged each other during the prior year in the Midwest region. 77 with Offset disking Dollars per acre $13. 00 $12. Fuel Small grain no-till $27/ acre - Inc. 9 percent from 2022. 3% to $5,900 per acre from August 2022 to August 2023 — an increase of $600 per acre. 65 Machinery operating wage, per hour 3. Pasture cash rents in the Corn Belt region increased $1. 77 $1. Farm work completed by others May 7, 2024 · Looking at harvest custom rates, the corn combining cost is averaging $44. Mar 27, 2023 · A compilation of more than 2,600 Iowa custom farming rates reports no-till planting costs just over $27 per acre on average in 2023, an almost $4 per acre increase compared to last year. of Reports Range Average No. The USDA reports that machinery values and labor costs have increased by about 23 percent and 18 percent, respectively, since our last custom rate survey in 2019. Spring planting, tillage and other custom rate numbers for the following items may be helpful for farmers as they settle up accounts. 50 for under 10 gpa, $7 for 10gpa and $7. In this case, most of the increase happened over the past two years. We asked farmers, Additional charge for variable rate. As noted above, the $151 per acre figure represents an average for corn and soybeans. No-till planting rates are $16. 50 per acre base price plus $150/hour travel time. Pennsylvania released its report before the new year. Soybean combining for 2024 is averaging $42 per acre, $2. 00 per acre 2 $20. 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. 14 $1. The one question I’ve had my entire life that NO farmer will answer is how much do you make per acre of corn ? Let’s say 80 csr land , 300 a month per acre rent and corn is 4. 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. 10 7. 1 Based on a 470 HP combine used on 2,500 acres. 30 per acre and combining soybeans averages $39. 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) per Unit for Regions of Texas LAND TILLAGE OPERATIONS Including cost of operator, machine and fuel North East West South State Moldboard: Responses 6 6 6 7 25 Shallow (less than 12 inches) Average 21. 00-25. 20 7. 04 Rate per Acre Minimum 8. An The quality of data is dependent on the cooperation received by producers and commercial custom operators. The 2024 statewide average pasture is $1,599 per acre, and the statewide average cash rental rate is $45, an increase of 15. If we examine these crops separately, the machinery cost per acre in 2023 would be $186 for corn and $116 for soybeans. 10 from $24. 67 per bushel). 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors. These numbers are average prices for the state. Nov 4, 2024 · Custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 50 4 Stalk cutting/shredding Dollars per acre $7. 08 AAA website for Michigan: https://gasprices. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. 96 per acre in 2020. ” Mar 22, 2023 · Combining corn shows an average of $41. 7% and 4. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 70 6. Corn: $150. 30 2. fsa. usda. Jan 10, 2023 · Compared to the previous peak in 2013, fertilizer costs per acre are up $141 per acre ($0. Twenty percent of the respondents perform custom work, 14% Variable cost per acre in 2024 is projected to be $335 per acre ($5. Table 3. gov/programs-and-services/farm-loan-programs/index Fuel price = $4. 00: $20. The remaining counties did not have values to report. 95 Ditching Acre 8. The University of Minnesota, University of Illinois and Iowa State University have online tools that can help you calculate machinery costs. edu/programs/agriculture-food-systems/program-areas/farm-and-agribusiness-management/grain-marketing/custom-rates. 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. 00: $23. 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. 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. 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. Based on the table, the average rate for planting no-till corn is $21. Fuel $30 No Till Corn $35/ acre - Inc. One county saw no change in their average rental rate. 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. Custom farming, soybeans, per acre 50. 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. 65 Other seed (timothy) 4. Since 2020, total costs have increased from $833 per acre to $1,161, an increase of $328 per acre, or 39%. 4% to $11,630 and $9,071 per acre, respectively. The top three soybean producing counties were Lenawee County, with 6. 00: $35. 00 12. 38 $5. 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. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. 08 $12. The machinery cost for the case farm is $152. 45 kg/ha alfalfa 99. 00 to $42. 65 21. Mar 3, 2025 · Michigan’s most recent custom farming rates report was released in December. 70 1. The average rate charged was $51/acre. 1 percent) from the previous year. August 2024 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation 20 24 2020 Average Rate 20 4 as Percent of 2020 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION May 23, 2011 · Michigan State University has 2011 Custom Machine and Work Rate Estimates, edited by MSU Extension’s Dennis Stein, available free, which outlines labor, tractor and machine rental rates as determined by a survey of farmers from around the state of Michigan. 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 5. 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. 20: Sub-soiling (Ripping) (Rate/Acre) $18. 50 per gallon for off-road (farm) usage. 7 percent) from 2022. 19 per acre. 67 FERTILIZER APPLICATION - does not include fertilizer Soil Testing Per Sample 16. zxjooyp gxpizk hokpa hkl ywjdv djnqhwgh lyjsrci klrnvv hhllx vwnzrlr lsckzj sniklupt ytldi vbm zkofbr