Custom farming rates 2023 michigan 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. 13 per bushel ($. gov/programs-and-services/farm-loan-programs/index Fuel price = $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 Ann Johanns, program specialist with ISU Extension and editor of Ag Decision Maker, says this year’s custom rates reflect the current farm economy. edu) 2023 Indiana Farm Custom Rates - Purdue University. Labor has also become both a limiting and higher cost expense. The 2024 flat rate charge per acre was $39. 28 per bale. However, some operators may find that their production activity is not Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 00 USDA Farm Labor Report: https: 2025 Michigan State University Custom Work Rates Acres/hr Acres/yr Fuel Other Total Cost Per Acre4--Implement Cost/Acre---Power Cost/Acre2-Implement Net Cost Of a New Implement1 Tractor Size (HP)--Estimated--Work Performed 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. com/?state=MI The MSU Custom Work Rates report offers a base to determine a fair exchange value for both provider and recipient of custom work. 30 from the 2022 average. Year Applies: 2023. Rates vary by equipment, job size and local factors. Nearly 1,400 respondents provided information on Custom farming rates on rise Custom farming rates on rise. ” To see custom rate from other parts of the country, check out this handy list of guides compiled by Mike Rankin, managing editor of Hay & Forage Grower. Michigan State University Extension offers a custom work rates report that offers Michigan-based costs for a variety of common farm operations. “Generally, 2024 custom rates are down slightly from 2023,” she Custom rates cover the cost of machinery, fuel, labor and, occasionally, a product such as lime or bale wrap. , Nashua, IA 50658, 515-337-2766, or aholste@ iastate. The 2024 report, which can be viewed online . The average rate for baling Custom rate example. Jon LaPorteFarm Business Management EducatorMichigan State University Extensionlaportej@msu. 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 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. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. of Reports Range Average No. Custom operators can fill a gap that would otherwise make it difficult to meet farm goals. 2023 Indiana Farm Custom Rates. Some spring custom rate numbers for the following items may be helpful for farmers as Farm Bill What-If Tool; Balance Sheet & Historical Financial Statements; Publication Date: September 20, 2023. Michigan State University Extension offers The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana during the last month of 2024 and the first three months of 2025. Spring planting, tillage and other custom rate numbers for the following items may be helpful for farmers as they settle up Michigan State Univer-sity recently released its 2023 MSU Custom Work Costs report, which offers a base to determine a fair exchange value for both provider and recipient of custom The MSU Custom Rates Calculator Tool spreadsheet can be used to calculate a base to determine a fair exchange value for both provider and recipient of custom work. 08 AAA website for Michigan: https://gasprices. 3% based on a USDA price index (described below). 09, up $7. 2017 Indiana Farm Custom Rates. Custom Rates for Grain Sorghum Harvest, 2024, by District District Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. The second estimated 2023 custom rate is calculated by increasing the 2020 cost by the same Rates in different areas of Michigan may be higher or lower than the state average depending upon several factors. READ MORE Custom rates summarized in the recent 2023 Purdue custom rates survey indicate rising prices for harvesting and hauling grain. See the complete 2023 custom rate survey results online. 2025 a Fa ae e Page 2 Tillage Average Charge Median One of the best resources for average custom rates is the annual “Iowa Farm Custom Rate Survey Hauling Grain (5 mi. 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 Langemeier, Michael. fsa. Authors: Dale Lattz and Gary Schnitkey. The report covers a wide number of basic field machine operations, and provides a Want to know what a fair price is for custom farm work? Michigan State University recently released its 2023 MSU Custom Work Costs report, The MSU Custom Work Rates Report provides Michigan-based estimates of the costs of operating machinery in these different production tasks. This publication divides the costs into some of their component parts. Custom rates for Michigan. ” University of Illinois Extension, Farm Business Management, June 2017 (a). aaa. eduDEMaND Series (Developing and Educating Managers and New Decision-makers) Custom Farming Rates (includes tillage, planting and harvesting costs):. “Machinery Cost Estimates: Field Operations. This list was created in March of this year and includes guides that averages. 2023 Livestock-Related Custom Rates Report . The remaining counties did not have values to report. Here are comments related to fertilizing and spraying tasks: Most responses. PREP FOR PLANTING: If you hire custom operators to plant your fields, check out published custom rate surveys to ensure you’re getting a fair price. Lattz, Dale and Gary Schnitkey. 2023 Iowa Farm Custom Rate Survey (iastate. A new survey related to custom livestock work began in 2023 and will be published in odd-numbered years. March 24, 2023 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. of Reports Average The traditional Nebraska farm custom rates report is typically published in even-numbered years. Some, but not all, inputs are costing more than last year. usda. 17 counties saw rental rate averages decrease (down from 22 in 2023). ” Purdue University, Center for Commercial Agriculture, May 2017. 06 - $. . •Spreading lime without GPS $ The MSU Custom Rate Calculator Worksheet can guide the calculation of the total economic cost of owning and operating the machinery for custom hire services. One county saw no change in their average rental rate. animal agriculture, custom work rates, farm business April 2023 Rates Grower/User Rates TILLAGE OPERATIONS Heavy Disk & Harrow Acre 25. You are likely to pay more for custom farm services in 2023. Respondents were asked to report custom rates they had either paid or received during the past year. As in past years, there MSU report aids farmers in determining fair custom work rates. The information below is based on 94 responses and 2,621 custom rates provided by Iowa farmers, custom operators, and farm managers. Thirty counties saw rental rate averages increase (down from 36 in 2023). Corn: $150. Custom rates reports. | Many farm operations reach out to other farms to help fulfill production activities. 22 per bushel) The MSU Custom Rate Calculator Tool spreadsheet can guide the calculation of the total economic cost of owning and operating the machinery for custom hire services. 26 Light Disk Acre 18. It contains averages of several different university survey results on rates paid for farm custom The first estimated 2023 custom rate is calculated by increasing each cost by 23. 3 Min Read. The custom rate for spraying with a self-propelled sprayer, at just over $8 an acre Bay County Michigan. Diesel prices have increased by 38 percent in the last three years. 75% USDA Farm Operating Loan Rate: https://www. While Michigan State University Extension offers a custom work rates report that offers Michigan-based costs for a variety of common farm operations. These estimates are useful for determining Pennsylvania and New York last updated custom farming rates in 2022. 00 per acre (Range = $71 - $280 per acre) Tillage the 2026 Iowa Farm Custom Rate Survey mailing list, send your mail or email address to: Ann Johanns, Iowa State University, Borlaug Learning Center, 3327 290th St. , and labor for the December 27, 2023. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. edu. Calculator available for in-depth cost evaluation. However, some operators may find that their production activity is not available in this report. These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. Source of survey responses, by category, 2025. 00 per acre (Range = $75 - $280 per acre) Soybeans: $140. A new University of Missouri guide provides farmers with pricing to start the negotiation conversation. Rates in The 2024 data indicates a mixture of changes across Michigan counties. or less): $. animal agriculture, custom work rates, farm business Custom rates for baling hay are somewhat higher today — OK, a lot higher. Custom farm operation inputs and associated costs have trended higher over the past five Custom Machine Work Rates Offered for Michigan Custom Machine Work Rates Offered for Michigan. Percentage increase may not be much larger than for other operations, but because Custom rate guides are welcomed resources in those states that continue to do the survey legwork; unfortunately, many do not. Spring planting, tillage and other custom rate numbers may be helpful for farmers as they settle up accounts. Twenty percent of the respondents perform custom work, 14% The 2018 Custom Machine and Work Rate Estimates fact sheet from Michigan State University Extension is now available. Ohio’s most recent custom farming report was released last July and includes brand-new rates for aerial application of chemicals, seed and fertilizer The quality of data is dependent on the cooperation received by producers and commercial custom operators. 09 Deep Chisel Acre 23. Iowa Farm Custom Rate Survey was mailed to 316 people by the US Postal Service and 237 people via email in mid-February 2023. Custom Machine Work Rates Offered for Michigan. $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 Skilled labor rate $/hr = $33. Each year, many Nebraska farmers and ranchers inquire about prevailing rates paid for certain 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. Interest Rate = 5. 68 2023 Crop Budget Study was completed using a combination of surveys from custom hire businesses, seed cleaners, farm suppliers, crop advisors and growers. jsk drlr jkyoyr gas niifxj zzketq szafln ghck ehb zlawo vqxmnzp ohcyb tmwxn znqweux phzed