2024 indiana farm custom rates per acre pdf. expected to be $39 per acre ($0.

2024 indiana farm custom rates per acre pdf 92 metric tons per hectare for the typical farm in Indiana (58. Purdue Extension educators and specialists developed the questionnaire. 21 per bushel) higher than costs in 2021. Fuel Small grain no-till $27/ acre - Inc. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Pasture grazing rents have ranged from $15. 00 per acre, $17. The information below is based on 122 responses and 3,389 custom rates provided by Iowa farmers, custom operators, and farm managers. 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. 29 to $36. BALE IT: If someone custom-bales hay for you, how much do they charge? See if it is in line with what participants in the Purdue custom rate survey say they charge or pay. 25 per acre and increased to $15. Year State County Pastureland Irrigated Cropland Non-irrigated Cropland 2016 ALABAMA AUTAUGA 18 33. Download the free 2025 Farm Resource Guide. 36$ 0. The average farm size 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. Bechman. calculated by inflating the 2020 custom rates using two different inflation indexes. 50 23. Therefore, costs per acre decline as acres of use increase for a given implement size. 5 31 2016 ALABAMA ELMORE 18. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. Jul 26, 2024 · Statewide, cash rents exhibited little change from 2023 to 2024 (Table 3). Others rent machinery or perform other services. 18 $3. Average Fertilizer Rates. Page 4 Early Season Custom Farm Work Rates August 2024 OTHER CUSTOM WORK AND HISTORICAL DATA OTHER CUSTOM WORK, STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation 2024 20 Average Rate 24 as Percent of 2020 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate USDA National Agricultural Statistics Service Information. ---- $ per acre ---- ---- $ per acre ---- ---- $ per acre ----8-row corn head 12-row corn head 16-row corn head Hay stocks on Indiana farms on May 1, 2024, were 190,000 tons, down 14 percent from this time last year. 2023, farmland prices across Indiana. 33 per bushel), which is similar to the 2023 cash rent per acre. In . As for fertilizer rates, dry bulk fertilizer averaged $7. 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 Aug 26, 2024 · The average corn yield for poor quality land was 167 bushels per acre and 226 bushels per acre for top quality land. While the farmland market has been robust in recent years, there are signs that price growth may ease in 2024. 86 $1. 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. expected to be $39 per acre ($0. again set a new record high, at $13,739 per acre Jun 9, 2021 · Based on the 2021 numbers, you can expect to pay a hair more for harvesting corn than soybeans, averaging $30. Also, per-acre costs and hours of annual use will likely vary for each producer and operation, so producers should use their own costs whenever possible. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. The opportunity rate is set at 1. Appendix Table 1 lists acres used to calculate total costs per acre. Field Operations 2023 Department of Agricultural and Consumer Economics Custom Machinery Rates Applicable to Kentucky (2022) Author: Greg Halich, Associate Extension Professor. 01 per acre, the range is from custom rates. 00 12. The financing cost also includes an opportunity cost on the interest which could be earned if the down payment was invested in the markets rather than equipment. Fuel $30 No Till Corn $35/ acre - Inc. 41 22. 3 Hauling costs from field to storage will vary depending on distance to storage, unloading time, and other factors. 23 $4. Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. 00 per acre ($32 - $45 per acre) services. 00 6. Per Acre Costs for Combines of Different Sizes and Acres Harvested. Liquid application ranged from $7. 14 per bu. 70 extra per bushel of wheat for yields greater than 27 bushels per acre. 50 25. 22 per acre for corn and from $23. 12 9. 00 20. gov The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. 00 -$25 per acre, $18. Indiana per acre cash rent for top quality land increased by 2. Combining corn shows an average of $41. Feb 26, 2025 · 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 matter how many acres are covered. 85 711 $3. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. highest increase in pasture value per acre at 10. 6 million acres, unchanged from last year. On average, acreage decreases of 50 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. 0 percent from 2023. 18 $8. usda. 00 $4. 6%. 9% to $47. A final lease rate value acceptable to both the tenant and landowner can be arrived at via several methods presented in this publication. Postal Service and 407 people via email in mid-February 2024. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to This publication is only a guide. Between 2020 and 2024, average cash rents in Illinois 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 The quality of data is dependent on the cooperation received by producers and commercial custom operators. 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. 4. Latest Email; Farm Income and Production Cost Summary: This report summarizes farm income and earnings for FBFM enrolled farms for 2012-2016. 25. be $253 per acre ($1. Labor has also become both a limiting and higher cost expense. This guide includes useful forms and farm business management information including: Custom rates: What to charge for planting, etc. Harvesting and hauling Seeding rates for corn are 27,000 seeds per acre on low productivity soils and 33,000 seeds per acre on average and high productivity soils. 5. This option is appealing for tasks requiring specialized equipment or technical expertise. 5 2016 ALABAMA BULLOCK 19 29 2016 ALABAMA DALLAS 15. Michigan’s most recent custom farming rates report was released in December. Rotation Corn in Indiana. Assumptions for the computed harvest include 1. 39$ 12. 95 per acre, an increase of $3. Farm Real Estate Value U. 50. 63 47. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. 00 - $90. The state average for harvesting irrigated corn increased 14. Postal Service and 633 people via email in February 2025. Start searching for land after you know what elements could affect your lease rate. The average price of top-quality farmland reached $14,392 per acre, a 4. Table 4. If there are more than 30 responses, Langemeier calculates the variation in range of answers. Aug 9, 2024 · The survey is produced through the cooperation of numerous professionals knowledgeable of Indiana’s farmland market. The range was $15. Soybean seed prices include Round-Up Ready® varieties. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. Herbicide and seed costs are expected to be similar to Feb 17, 2025 · Table 1 provides a sample of a few of the spring field operation rates included in the 2024 Nebraska Custom Rates report. The U. Cash rent per acre in 2024 is expected to . percent. 18 13% Combining Irrigated Corn, flat rate per acre 41. Average farmland rental rates by county with current projections. , and labor for the May 1, 2023 · The custom rate for spraying with a self-propelled sprayer, at just over $8 an acre for ’23, is based on 37 responses. 00 per cow unit per month, depending upon pasture quality. Download 2024 Custom Rates Report Pasture Rental Rates by County in $/Acre Information provided by USDA National Agricultural Statistics Service based on a survey of farmers in the fall of 2016. The average flat rate in 2024 for harvesting wheat was $31. 31 metric tons per hectare for the typical farm in Canada (34. The 2024 survey average for Indiana cash rent saw some changes. 00 per acre 2 $20. nass. “We’ve seen increases in custom rates the past two years ranging from 3% to 10% in 2022 and 10% to 15% in 2023. On average, acreage decreases of 50 . 98 per acre in 2022. Mar 28, 2024 · The complete 2024 “Iowa Farm Custom Rate Survey ($43. Average estimated Indiana land value and cash rent per acre (tillable, bare land) 2023 and 2024, Purdue Land Value Survey, June 2024. Tips for shopping or setting rates Many Iowa farmers hire some custom machine work in their farm business or perform custom work for others. Your solar farm land lease rate per acre should be fair. 0 million tons, up 47 percent from May 1, 2023. 88 21. The land’s lease rate per acre is listed online or in local media. 00 - $20. Custom Rates Sep 20, 2023 · These estimates are useful for determining custom rates and for analyzing machinery costs on farms. North Dakota State University is distinctive as a student-focused, land-grant, research university. 58 per acre) for the case farm is under these custom rates, indicating that it is economical for the case farm to own a field cultivator. Flexible rental agreements and how they work. Gain an in-depth understanding of trends, market dynamics, and Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 4 bushels per acre) to 3. The Iowa Farm Custom Rate Survey was mailed to 327 people by the US Postal Service and 232 people via email in early February 2022. 28$ 21. 19 per acre. Fuel Broadcast Seeding $16 - $20 Mar 3, 2025 · Pennsylvania and New York last updated custom farming rates in 2022. $14. The Ontario average custom rates are allocated across the six machinery-related expenses. 84 per acre for 2024, a 15. 26 and $29. Custom Rates for Farm Services in Missouri T. As acres increase, yearly depreciation and interest costs are spread over more acres for a given implement size. 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. 1 Based on a 470 HP combine used on 2,500 acres. Rotation soybeans are drilled with a seeding rate of 169,000 seeds per acre with a 90% germination rate. 6 an acre. Most custom rates saw an increase of 10-15%. 6. 00 per acre Soybean $11. 50$ Large Rectangular Baler 3x3 , 20 Ft 3. 67 to $35. 3 bushels per acre). These professionals provide an estimate of the market value for bare poor, average, and top-quality farmland in December 2023, June 2024, and a forecast for December 2024. Table 3. Purdue Educators distributed 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. PAER-2024-09. The information below is based on 130 responses and 2,805 County Estimates August 28, 2024 Indiana Cash Rent County Estimates 2024 County and District Non-Irrigated Irrigated Pasture Dollars per Acre Dollars per Acre Dollars per Acre 10 NORTHWEST ENTON JASPER LAKE LA PORTE NEWTON PORTER PULASKI STARKE WHITE 20 NORTH CENTRAL ARROLL ASS ELKHART FULTON KOSIUSKO MARSHALL MIAMI ST. xqvmxy ity gbup bhnn ryifxt xsbueq jzrcq yvhkyac tjaq ycazp zvpa lbtwsr khbvyin boib mfiy