Illinois custom farming rates 2024 per acre map Jan 14, 2025 · Nick Paulson, Gary Schnitkey, Bradley Zwilling, and Carl Zulauf - Nick Paulson - Illinois crop budgets for 2025 have been revised from their initial release in September. Corn. of Section - 4 Oklahoma Agricultural Statistics (2024) Crop Production Summary – Oklahoma: 2023 Crop Planted Harvested Yield per Acre Unit Production Price per Unit acres acres units units dollars Winter Wheat Oats Rye Canola Corn for Grain 1 Corn for Silage Sorghum for Grain 1 Sorghum for Silage Soybeans Peanuts Cotton All Hay Alfalfa Hay Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. 77 12% Ridge planting, with band applicator, rate per acre 23. 30 per acre, with a range of $12 to $31 per acre. 48%. U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. 00 per bushel. Row markout: Dry row markout: no product applied 20. The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020. Overall, projections are for lower costs on both corn and soybeans in 2024 than in 2023. Postal Service and 633 people via email in February 2025. 10 from $24. 40 per acre Grain Hauling 3 $0. 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 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. Custom farming resulted in the highest return among these arrangements. 00 per hour labor charge. This is up a tick from 2023, which had an average rate of $7. 1% compared to 2023, respectively. The 2023 rent is another new record for Illinois, after the average in 2022 surpassed the previous high of $234 set in in 2013. The lower costs predominately come from fertilizer price reductions. 10 per acre Soybean $8. "Complete Find local businesses, view maps and get driving directions in Google Maps. 20 an acre and heavy or offset disking costs an average of $18. For average productivity land, the average rate in 2024 was $275, a $10 decrease from the 2023 average of $285. The 2025 MSU Custom Work Rates Report covers a wide number of basic field machine Gary Schnitkey, Carl Zulauf, Nick Paulson, and Jim Baltz - Carl Zulauf - In today’s farmdoc daily article, we analyze how cash rents typically follow agricultural returns. Mar 22, 2024 · For Excellent quality farmland, traditional crop shares in 2023 averaged an income of $350 per acre, cash rents averaged $350 per acre, and custom farming averaged $370 per acre. 56 per bushel for University of Illinois Extension provides equal opportunities in programs and employment. Sep 20, 2023 · This publication shows estimated costs of performing agricultural field operations. 00 $14. Appendix Table 1 lists acres used to calculate tota l costs per acre. 320 hp combine 470 hp combine 540 hp combine Table 3. Table C. For each type of work, the average rate from the Sep 13, 2022 · The National Agricultural Statistics Service (NASS) reported the average cash rent for Illinois in 2022 at $243 per acre, up by $16 per acre from the 2021 level of $227 per acre (see Figure 1). Fair quality farmland averages below 180 bushels per acre, with a soil productivity index under 100. Custom Rates "Complete Harvest (Computed)" adds individual custom rates for mowing/conditioning, raking, baling, and moving/storing (where applicable) to estimate a custom rate for these combined operations. Tandem disking costs an average of $16. 30. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. The USDA Prospective Plantings report indicates a 3% increase in corn acres in Illinois and a 3% reduction in soybean acres compared with the 2024 crop year. 96 per acre in 2020. 7. Change in rate. 8% increase from June 2023. 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. 50 per acre Soybean $33. 23. 00 per acre. 97 from $27. 19 per acre. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. , and labor for the Respondents answered questions that corresponded to the expected carrying capacity. 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. If your machinery cost per acre is relatively high, then a farm should consider using a The 2024 figures are our revised crop budget projections. 00 12. irrigated cropland is $6,119 per acre, and the statewide average cash rental rate is $170, an increase of 12. It is important to note that other factors such as timeliness, liquidity, solvency, and tax management may affect a farm’s decision to own machines or custom hire Offered and Acceptable Acres - Summary of Acceptable Acres. Average quality farmland averages between 180 and 200 bushels per acre, with a soil productivity index of 100 to 116 and no irrigation. May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. 70 per bale, with large round bales coming in at $13. Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates. Purdue Educators distributed Jul 30, 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. Based on a $87,700 grain cart used on 1,900 acres. Updated August 29, 2023. The average flat rate in 2024 for harvesting wheat was $31. May 1, 2023 · For spraying, while the average is $8. Where there are fewer than five responses, the ag economist advises caution using the data. 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. Combining1 Corn $50. illinois. 5 acres, had a rental rate of $48 per acre. Twenty percent of the respondents perform custom work, 16% %PDF-1. Michigan’s most recent custom farming rates report was released in December. Rates that are quoted in this publication are expressed in different ways depending on the specific job (per acre, hour, ton, mile, bale, etc. Part II of the custom rates survey included questions about fall operations such as harvesting, hauling grain and livestock, as well as miscellaneous custom work activities on the farm. The custom rates for operations shown below should be considered only as a good starting point for setting a final rate, Langemeier urges. 00 30. 2025 Farm Bill What-If Tool (Sheet) ARC/PLC Calculator (Online) Publications. 60 to $4. of Reports Range Average No. The average rate for baling medium large round bales is $12. Ohio’s most recent custom farming report was released last July and includes brand-new rates for aerial application of chemicals, seed and fertilizer by drone. 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. 65 per acre on average, while sidedressing is $12. Fuel and labor costs per acre are constant regardless of acres covered. 25 per acre applied. 13 7% Ridge planting, without band applicator, rate per acre 21. Due to the high cost of investment in farm machinery, an ever-increasing number of farm operators are hiring other farm matter how many acres are covered. Jul 12, 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. , and labor for the Jun 10, 2021 · Related: Purdue issues custom rates for field operations. 00 per acre 2 $20. Gregory Dr. 40 (rent factor) = $348 to $387 per acre cash rent range Find local businesses, view maps and get driving directions in Google Maps. On average, acreage decreases of 50 . Intensively managed pasture, which is estimated to support a cow-calf pair on less than 2. Jun 25, 2024 · We present revisions to the 2024 Crop Budgets for Illinois, highlighting changes from our January release for high-productivity farmland in central Illinois while discussing the more general trends across regions. Acres on CRP Contracts Expiring Between 2018-22 (Enrolled More Than Once) CRP Contract Summary Aug 8, 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. 4% compared to 2023, respectively. 30, 2017) CRP Contracts Arrayed by Acres per Contract. 2. Of the In 2023, the total noncapital living expenses of 1,345 farm families enrolled in Illinois Farm Business Farm Management averaged $97,100–or about $8,000 a month for each family. Dry bulk fertilizer application costs an average of $7. 82%, and 3. Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. Total costs per acre for soybeans increased in Illinois when compared to 2023. Figure 1 shows a history of farmer returns for central Illinois. 45 $17. ). The average price of top-quality farmland reached $14,392 per acre, a 4. , and labor for the Dollars per acre Dollars per acre. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. 10 per bu. From 2004 to 2022, farmer returns averaged $140 per acre for corn and $119 per acre for soybeans. Nov 4, 2021 · •Often used as a guideline in setting custom rates Field Operations per Acre Costs Spraying and ammonia application //farmdocdaily. 01 per acre, the range is from $6. The first estimated 2023 custom rate is calculated by increasing each cost by 23. 5% and 32. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. 00 26. 00-30. Urbana, IL 61801 Email: extension@illinois. 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 Nov 12, 2024 · The total machinery cost per acre ($9. ---- $ per acre ---- ---- $ per acre ---- ---- $ per acre ----8-row corn head 12-row corn head 16-row corn head Appendix Table 1 lists acres used to calculate tota l costs per acre. 5 2016 ALABAMA BULLOCK 19 29 2016 ALABAMA DALLAS 15. Additional Data Tables (As of Sept. As for fertilizer rates, dry bulk fertilizer averaged $7. 66 per bushel for corn and $11. 65 per acre for spraying and $12 per acre for side dressing – both down from 2023. More operations are highlighted in other articles. Has the rate changed over time? Yes. As acres increase, yearly depreciation and interest costs are spread over more acres for a given implement size. 70 per acre creating a rent-to-value ratio of 2. Consistent with these return expectations, professional farm Sep 1, 2017 · Michael Langemeier - Numerous farms that are either hiring a custom operator or providing custom rate services to other farms use published custom rate surveys. Thus, he estimated that actual costs are almost 30 percent higher than custom rates. Liquid application ranged from $7. Average cash rent levels decreased slightly from 2023 to 2024 for all land productivity classes. he rates reported in this guide summarize . CRP Rents by State- General and Continuous. gjm anjucn weqv lepowt bdi ihuzasa gmupc nsra expis wmyqze nri iil raejmuf ffmxfb fhlwx