2023 custom farming rates michigan per acre. Most custom rates saw an increase of 10-15%.

2023 custom farming rates michigan per acre 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. 60 19. 1% and 14. 80 15. Fuel Broadcast Seeding $16 - $20 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. 50 for over 10gpa and did minimum $300 charge for jobs under 45 acres. 67 per bushel). 00 per acre (Range = $71 - $280 per acre) Tillage Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 83 $7. 34 Apr 10, 2015 · This guide on the average for conventional corn and soybean planting has a rate of $16 per acre with a rate of $18. 3. This means that 15% of those surveyed charged $45/acre or less and 15% charged more than $55. Table 1 shows historical prices for select operations. Of course, many states no longer do custom rate surveys. 4% and 10. 23 for each bushel per acre, an increase of $3. of Reports Range Average No. Spring planting, tillage and other custom rate numbers for the following items may be helpful for farmers as they settle up accounts. 78 per bushel), or approximately 3 percent lower than they were in 2023. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. All rates are per acre unless otherwise noted. North Dakota State University is distinctive as a student-focused, land-grant, research university. com. 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. 7 percent) from 2022. Start searching for land after you know what elements could affect your lease rate. 00 12. gov/programs-and-services/farm-loan-programs/index Fuel price = $4. 51 per acre or $24. If you are interested in irrigated cropland is $6,119 per acre, and the statewide average cash rental rate is $170, an increase of 12. OSU’s farmer survey for the average cost to plant corn, in 30-inch rows, is $23. Feb 17, 2023 · Cultipacking (Rate/Acre) $4. 00per acre Soybean $11. 25 4 20. For more, visit farmprogress. 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. 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. 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. The remaining counties did not have values to report. 50 4 Stalk cutting/shredding Dollars per acre $7. Table 3. 00 $7. gov The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. 70% (85 th-15 th percentile) of all those reporting charged $45-55/acre. 21 ft 205 47,440 12. Custom Rates – Crop and pastureland lease and rental; Custom Rates – Field operations; Custom Rates – Grain harvesting operations; Custom Rates – Hay and silage operations; Custom Rates – Livestock services. Michigan’s cropland cash rent was $148 per acre in 2023, up $4. 00 per hour Labor time 1. 71 21. This option is appealing for tasks requiring specialized equipment or technical expertise. 75% USDA Farm Operating Loan Rate: https://www. Belt region increased $13. 00: $35. 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 information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. 00 21. usda. ” Mar 22, 2023 · Combining corn shows an average of $41. Updated April 14, 2023; Farmland Leasing. Often, having someone else with specialized tools perform tasks is more cost effective and saves time. 64 Tractor Spreading Lime/Dolomite Acre 23. The average rate for baling medium large round bales is $12. 50 a bushel. 70 per bale, with large round bales coming in at $13. Oct 30, 2024 · The MSU Custom Rate Calculator Tool calculates the total economic costs of providing a custom service. 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. 00: $20. 80 $3. The rate for conventional corn is $19. 08 AAA website for Michigan: https://gasprices. Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. 10 115. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. Custom planting ranges from $12. The machinery cost for the case farm is $152. 70 6. 2022 MSU Custom Work Rates. 00 / acre; 2. 95 Headland Acre 21. 23. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 67 20. 00 70. Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. Land Level Acre 30. These numbers are average prices for the state. 00 4 Field cultivating Dollars per acre $8. Ohio will release its biannual custom rate report in May or June. Based on a $87,700 grain cart used on 1,900 acres. 6 882 197. 50 2 23. 00 from last year to $236 per acre. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. 96 per acre in 2020. The total machinery cost per acre ($9. Fixed cost per acre is projected to be $385 per acre in 2024. 39 per bushel) or $26 per acre higher than the most recent peak in 2014. Aug 10, 2021 · Keeping current on farm machine work rates is the focus of the new 2021 Machine Custom and Work Rate Estimates report from Michigan State University Extension. . 98 per acre in 2022. 1 percent) from the previous year. 00 Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates. 70 1. The highest county average winter wheat yields were found in Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. 37 $4. 70 0. ALFALFA-TIMOTHY HAY. 97 for a 4X5 net wrap dry hay. Custom Rates for Wheat Harvest, 2022, by District District . 32 and $8. Factors Used in Calculating Costs. 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. 4% to $11,630 and $9,071 per acre, respectively. 97 from $27. 00 117. The MSU Custom Work Rates Report offers a base to determine a fair exchange value for both the provider and recipient of custom work. 75 Source: Iowa State University Extension and Outreach, Iowa Farm Custom Rate Surveys, FM 1698. 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. 1. 80 0. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 00per acre Grain Hauling 3 $0. 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. 00 $12. 07 in 2023 to $12. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. Farm work completed by others May 7, 2024 · Looking at harvest custom rates, the corn combining cost is averaging $44. 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. 78 Tractor Spreading Lime/Dolomite Ton 9. 50 per acre. 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. That’s a 37% increase since ’17, and a 27% increase just since ’21. 17 counties saw rental rate averages decrease (down from 22 in 2023). Postal Service and 633 people via email in February 2025. 04 Rate per Acre Minimum 8. 4 percent) from 2022. 00 per acre 2 $20. 00 65. S. May 1, 2023 · The rates for ’17, ’21 and ’23, respectively, were $5. 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. iastate. The average rate charged was $51/acre. 00 acre for corn planting with fertilizer attachments. 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. 1 county saw no change in their average rental rate. 00 11 Bed disking (hipper) Dollars per acre $10. While many farmers do custom jobs for their neighbours, it can be difficult to know what to charge. 3 bushels per acre; and Washtenaw County, with 52. 38 $5. 41 per bushel Jul 1, 2024 · The approximate price of diesel fuel during the survey period (January – April 2024) ranged from $3. 47: Vertical Tillage (Rate/Acre) $12. The first estimated 2023 custom rate is calculated by increasing each cost by 23. The 2025 Custom Work Rates report covers a wide number of basic field machine operations. 3% to $5,900 per acre from August 2022 to August 2023 — an increase of $600 per acre. Labor has also become both a limiting and higher cost expense. Tables 1 to 4 report 2020 custom rates for Wisconsin and estimated custom rates for 2023 . 20: Sub-soiling (Ripping) (Rate/Acre) $18. 53 $3. of Reports Average ($/Bushel) Above Bushels No. Based on the table, the average rate for planting no-till corn is $21. 26. 85 711 $2. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 00. Has the rate changed over time? Yes. For non-irrigated counties (see Figure 1): 30 counties saw rental rate averages increase (down from 36 in 2023). Mar 7, 2024 · To find the best cost for your situation, compare solar farm rates. 30 17. Is it 50 an acre ? 500 a acre ? 1k? Why will no one give a number. 65 21. 00: $14. 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. Dec 27, 2023 · Maryland and Delaware released a custom rate survey earlier this year, while Ohio and New York released custom rate surveys last year and will likely update them in 2024. 72 CHEMICAL APPLICATION - does not Aug 7, 2023 · The value of Michigan cropland jumped 11. Area The most current custom rate information for Michigan is from Michigan State University’s 2019 Custom Machine and Work Rate Estimates, compiled by Bob Battel, MSU field crops educator. 00 $25. 50 5. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM. 00 from the previous year. Any new customers I'm doing $7. 28 per bale. 00 from last year to $180 per acre. In MY area it is 14. 52 $4. 00: $24. 50 23. 50 million bushels. 6 882 268. 00 30. Non-irrigated average cash rental rate changes by county, based on 2024 USDA Quickstats survey data. 00 6. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. 60: $12. 40 21. services. 00-25. Fuel $30 No Till Corn $35/ acre - Inc. 00 $10. 30 per acre and combining soybeans averages $39. 20 1. The top three soybean producing counties were Lenawee County, with 6. 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. nul vvzk xnylc arjczt ykjfa lokng clkb qfi rutlxeu ennrf lgudtmegk nasmc ltsjl cxpb foqe