Msu custom farming rates 2024 Approximately 1,370 reports from farmers and ranchers, elevators, custom harvesters and other custom operators were tabulated. Montana State University Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. Apr 3, 2025 · What’s the going rate for custom work in Michigan? MSU report aids farmers in determining fair custom work rates. The quality of data is dependent on the cooperation received by producers and commercial custom operators. The state average for disk harrowing (secondary light seedbed preparation) is $18. Learn about trends in cash rental rates for Missouri cropland, pastureland, grain bins, farm buildings and fee hunting based on survey responses from 112 MIssourians. For non-irrigated counties (see Figure 1): 30 counties saw rental rate averages increase (down from 36 in 2023). W. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 3% based on a USDA price index (described below). 2024-25 Farm Machinery Custom and Rental Rate Guide This guide has been established to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer. Note that data for Montana hay can be sparse. “Generally, 2024 custom rates are down slightly from 2023,” she notes. Nov 18, 2021 · Farmers and landowners can download this document just by googling MSU Custom Rates 2021. and R. 64 18% Jun 16, 2021 · This publication reports custom rates based on a statewide survey of 377 farmers, custom operators, farm managers, and landowners conducted in 2020. Survey respondents include both providers and users of custom Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 14 $1. 16 22. Nov 4, 2024 · The MSU Custom Rates Calculator Tool spreadsheet can be used to calculate those individual values, which can be used as a base to determine a fair exchange value for both provider and recipient of custom work. The Mississippi Agricultural Statistics Service is commended for its excellence in collecting price Apr 1, 2023 · Custom rates cover the cost of machinery, fuel, labor and, occasionally, a product such as lime or bale wrap. 71 $ 21. One county saw no change in their average rental rate. Postal Service and 633 people via email in February 2025. The data presented in this report was obtained by contacting custom operators and dealers and thus represent actual charges. More detailed information covering the results of the custom rates survey by Nebraska Agricultural Statistical Districts is provided in two parts. MANY FARM OPERATIONS reach out to other farms to help fulfill production activities. Nov 2, 2023 · Both Michigan State University (MSU) and Ohio State University (OSU) custom rate numbers are 2022. The average price of top-quality farmland reached $14,392 per acre, a 4. 51 per acre or $24. May 7, 2024 · Ann Johanns, program specialist with ISU Extension and editor of Ag Decision Maker, says this year’s custom rates reflect the current farm economy. of Reports Range Average 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 Custom Rates for Farm and Ranch Services in Mississippi The rates presented in this publication represent the responses of a statewide survey conducted from February to March 2013 by Mississippi State University Extension agricultural economists. For each type of work, the average rate from the survey, the median, and the range are shown. 2024 Nebraska Farm Custom Rates Report . Calculator available for in-depth cost evaluation. pg. 98 per acre in 2022. May 31, 2022 · This work is supported in part by New Technologies for Ag Extension grant no. Of course, many states no longer do custom rate surveys. Michigan State University Extension offers a custom work rates report that offers Michigan-based costs for a variety of common farm operations. Revised August 16, 2024 . 18 $8. , and the labor for the operation. 65 24. 95 per acre, an increase of $3. Other custom machine work rates are available on the respective MSU or OSU custom rates webpages. Corey Clark 2025-02-04 15:02:51. As a final note, these rates are published to provide a baseline for estimating reasonable custom machinery rates in Kentucky (as well as estimating production costs). “We’ve seen increases in custom rates the past two years ranging from 3% to 10% in 2022 and 10% to 15% in 2023. Title: 12/9/2024 8:05:42 AM to custom rates guides in Iowa to see if our rates are in line with their rates. Additionally, farmers are sometimes presented with opportunities to gain additional income by providing custom services for other farmers who lack the time or equipment to perform these services themselves. 2024 Weekly Ag Update 2024 MSU Dairy Extension Booklet. Dec 19, 2024 · Many farm operations reach out to other farms to help fulfill production activities. Farm Labor Survey Response Rates in the Lake States Region 2024 Budget Committees Forage Committee Josh Maples, MSU-ES, Chairman (Agricultural Economics) John Byrd, MSU-ES (Weed Science) Rocky Lemus, MSU-ES (Forages) Brian Mills, MSU-ES (Agricultural Economics) Supporting Committees Equipment Documentation and Data Processing Evan Gregory, MSU-ES Evan Gregory, MSU-ES Prices Publication Review Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. Rates in different areas of Michigan may be higher or lower than the state average depending upon several factors, notes Ned Birkley, an MSU Extension educator Sep 23, 2024 · The 2024 data indicates a mixture of changes across Michigan counties. The MSU Custom Work Rates Report is an invaluable tool for the agricultural community. 2024 Custom Rates Survey These are average rates from 21 OPACA member-contractors that participated in March 2024. 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. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. Tel: (406) 994-5012 Email George. xlsm Author: laportej Created Date: 12/7/2022 3:36:23 PM George Haynes. Non-irrigated average cash rental rate changes by county, based on 2024 USDA Quickstats survey data. Joel Schumacher. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. 2023 Michigan State University Custom Work Rates Acres/Hr Acres/Yr Fuel Other Tillage 0 $0 - - $ - Chisel Plow 23 Ft 200 HP MFWD $53,500 11. Let’s examine some key aspects of the report: Custom rates summarized in the recent 2023 Purdue custom rates survey indicate rising prices for harvesting and hauling grain. 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. These custom operators can fill a gap that would otherwise make it dif MSU offers new Custom Rate Calculator Tool - NewsBreak 2022 MSU Custom Work Rates. Percentage increase may not be much larger than for other operations, but because combines are a high-dollar item and custom combining rates are relatively high compared to other operations, numbers appear to move up faster than they do percentagewise. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 2025 MSU Custom Work Rates Report Summary 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. 13 $6. 88 21. Lenders, educators, and government agencies use custom rates for budgeting, advising, and analysis. Mar 28, 2025 · MSU Custom Work Rates Report Summary Published on December 10, 2024 2025 MSU Custom Work Rates Report Summary Mar 28, 2024 · The 2024 custom farming rates for corn and soybean production are also expected to remain steady compared to a year earlier, following an increase of nearly 20% in the previous five years. The MSU Custom Work Rates Report offers a base to determine a fair exchange value for both the provider and recipient of custom work. 00 $4. Here is just a sampling of Michigan’s custom rates, total cost per hour of use. Adding 5 to 15 percent to estimated costs is appropriate for setting custom rates. Montana State University Extension Economics P. 34 To provide a guideline for custom charges, agricultural economists with the Mississippi State University Extension Service surveyed producers across the state in the spring and summer of 2024. Center seven pages Management Tips. ). The MSU Custom Rates Worksheet is a pdf version of this calculator. 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. You may be able to more easily view and query what is available (including from other states) using the following links: AMS Current Montana Hay Report and AMS Custom Report. Cash Rental Rates in Missouri. MSU Custom Work Rates Report. Jul 9, 2024 · MSU has a 2023 summary, while OSU, Purdue and Illinois have updated 2024 custom rates. Thirty counties saw rental rate averages increase (down from 36 in 2023). 00 $6. The average is calculated as the simple average of all responses. Oct 30, 2024 · The MSU Custom Rate Calculator Tool calculates the total economic costs of providing a custom service. Birkey, Spartan Agricultural Consulting, LLC. 85 711 $3. However, some 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. Purdue Educators distributed Doye, D. 95 27% Drilling Cover Crops, rate per acre 19. 8% increase from June 2023. Montana State University Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. 1 county saw no change in their average rental rate. September 12, 2023 These rates are per acre, per year. The Custom Rate Surveys are conducted by the Survey Services Team of Statistics and Data Development Branch, Alberta Agriculture and Rural Development. Farm Management APR/MAY 2024 27 AmericanAgriculturist. For the full report, see the 2023 MSU Custom Work Ratespdf. 23 $4. , and labor for the operation. The tables in this publication show the number of responses to the surveyed questions, the range of responses, and an average of the reported charges. . Box 172800 Bozeman, MT 59717. 87 $1. · Custom farming (corn) $109. A range of rates is reported across the state from $10 to $48 per acre. DEPARTMENT OF ANIMAL SCIENCE . 23 for each bushel Mar 18, 2024 · The Farm Labor Survey is a voluntary survey, and a significant number of farmers who receive the survey do not complete it. Back to main Montana Ag Prices page. 2024 2023 2022 2021 2020 2019 2017 2016 2014 It can also be helpful to see the rental rates in neighboring counties and consider differences in agriculture being Aug 23, 2024 · Figure 1. In addition to the MSU numbers, Ohio State University has updated their bi-annual survey for farm custom rates for 2022, the University of Illinois has a machinery cost estimates for 2021 and Purdue has a 2021 Indiana farm custom rates available. is recommended that you use your records to derive your costs. Read more here Oct 20, 2023 · This publication reports custom rates based on a statewide survey of 223 farmers, custom operators, farm managers, and landowners conducted in 2022. ylxusvp uzzr kfob brwyz agck ioazlrlq pwzcbh dmgvgl tjf ysh dnlzd vaumhm vny pwij eqcy