South dakota custom farming rates 2024 per acre 60 foot db60 15 inch. South East North Dakota Ron Haugen, Farm Management Specialist Projected 2024 Crop Budgets EC1659 North Dakota State University, Fargo, ND $5. 95 per acre, an increase of $3. The 2024 South Dakota State University (SDSU) Extension Farm Real Estate Market Survey is the 34th annual survey of agricultural land values and cash rental rates by land use and quality in different regions of South Dakota. This represents an increase of $0 over this time period with an average implied capitalization rate of 0%. 00 per acre. 30 per acre and combining soybeans averages $39. 04 Rate per Acre Minimum 8. edu/cap8-3. Rates of Return to South Dakota Agricultural Land The gross rate of return (gross cash rent as a percent of land value) is used to estimate current rates of return to land. 01 - 205. 50 23. 02 to $10 per acre. With everything going up what's everyone's thoughts on rates you'll all be charging for 2022. In contrast, the East Central region had the highest rental rate and had an average of $240 per acre in 2024 (Figure 2). It . Jul 7, 2020 · SDSU Extension to provide educational sessions during 2025 Dakota Farm Show. 00-30. Current forward cash prices for fall delivery of the 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. Jun 10, 2021 · Related: Purdue issues custom rates for field operations. In 2021, the survey value of South Dakota pasture/ rangeland was steady to slightly down, average $1,140 per acre. Custom Rates Nov 21, 2023 · Check grain bins. 6 882 197. 9% increase in the combining dryland corn rate state average rate to $45 per acre, and soybean harvest rate increased to 2024 Nebraska Farm Custom Rates Report extra per bushel of wheat for yields greater than 27 bushels per acre. Rates of Return to South Dakota Agricultural Land The gross rate of return (gross cash rent as a percent May 2, 2024 · Within those same years, cash rental rates for cropland in North Dakota have increased 3. Compare this figure to the CRP rental rate per acre offered for your land type. large round bales. 36 to $28. Land rental rates are also up. 3. Custom planting ranges from $12. Feb 18, 2025 · The 2024 South Dakota State University (SDSU) Extension Farm Real Estate Market Survey is the 34th annual survey of agricultural land values and cash rental rates by land use and quality in different regions of South Dakota. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. 00 $26 1 . Harvesting and hauling Most custom rates saw an increase of 10-15%. 00 128 . 33 per bushel), which is similar to the 2023 cash rent per acre. 1% and 14. Historical rental data is included. 60 per acre (Range = $75 – $275 per acre) May 2, 2023 · Call it “sticker shock” for custom combining rates. August 4, 2023 - South Dakota's farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2022, according to USDA's National Agricultural Statistics Service. The 2025 report is based on 193 responses and 3,703 custom rates provided by Iowa farmers, custom operators, and farm managers. Note that for spreading manure, there are seven responses and a charge of just over $15 per acre. unl. 20 per cow unit per day (calf included). 18 per ton from this 20-ton yield. As an example, vertical tillage averaged $15. Agriculture. 50 per acre). 10 from $24. 18 13% Combining Irrigated Corn, flat rate per acre 41. 68 per bushel at 200 bushels per acre. 80 15. This would work on a moderate-framed cow, but it’s too cheap for big cows. The average rates increased, and the reported base rate bushels decreased in 2024 for wheat harvesting compared to that reported in 2022. 50 per hour reported by 12 respondents, with the most common price as $150 per hour. As for haying on shares, a common transaction here is baling on halves for lesser value stands of grass hay — not alfalfa. That means there are rents both above and Mar 22, 2023 · Combining corn shows an average of $41. 50, Montana at $98 per acre, Oklahoma at $99. 00 per acre is assumed for general farm utilities, farm publications, meetings, Oct 17, 2023 · With new contract enrollments starting with the 2024 fiscal year in October, USDA added 2. December 19, 2024 South Dakota State University Extension will provide a day of educational sessions for crop and cattle producers during the 2025 Dakota Farm Show in Vermillion. Flexible rental agreements and how they work. per acre 192 bushels per acre 211 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $41. The range was $15. We cannot statistically project future rental rates. 55 3. The Ohio Farm Custom Rates 2022 survey — based off a statewide survey of 223 farmers, custom operators, farm managers and landowners in early 2022 — also shows increases over the previous survey, ranging from $2-$3 an acre more for tilled corn planting; $4-$5 an acre more for no-till corn planting; and $5-$7 an acre more for combining. Farmland Facts Farmland Returns Farmland Prices Rental Rates. If your machinery cost per acre is relatively high, then a farm should consider using a Oct 13, 2021 · South Dakota producers can use the SDSU Extension Net Income Tool to monitor their expected net income per acre given their location, commodity of interest, and changes to market prices. 9% and pasture ranges from 16. 82%, and 3. Custom Rates for Farm Services in Missouri T. Herbicide and seed costs are expected to be similar to 2018 Texas Agricultural Custom Rates; 2016 Texas Agricultural Custom Rates; 2013 Texas Agricultural Custom Rates; 2011 Texas Agricultural Custom Rates; 2008 Texas Custom Rates Statistics; 2004 Texas Custom Rates Statistics; 1999 Texas Custom Rates Statistics; 1992 Texas Custom Rates Statistics; 1988 Texas Custom Rates Statistics; 1985 Texas Cavalier, Nelson, Ramsey and Towner counties. 35 million acres averaging $149. 1- 3 175. 17 counties saw rental rate averages decrease (down from 22 in 2023). 60 per acre (Range = $75 - $275 per acre) Soybeans: $139. 5 North Dakota: 2024 and 5-Year Average 201 Average County 9-2023 average 2024 Rental rate Price of rented land Number of reports1 Reported local average rental rate Average rental rate price of rented land Minimum Maximum Most frequently (dollars/acre) Adams. 38 Spraying Liquid Fertilizer Acre 12. expected to be $39 per acre ($0. In contrast, when cash rents were reported on a cost per animal unit month (AUM) basis, the range was much smaller ($25. Your solar farm land lease rate per acre should be fair. 59% heading into the spring of 2024, from 2,863 per acre to 3,174 per acre, said Bryon Parman, North Dakota State University Extension agricultural The agency has the distinction of being known as The Fact Finders of U. For example, if corn generates $600 per acre in revenue but costs $450 per acre to produce, the net earnings are $150 per acre. Over the last 20 years, farmland rental rates per acre in south dakota have risen from an average of $0 per acre in to $0 per acre in 2019. "Complete USDA National Agricultural Statistics Service Information. Start searching for land after you know what elements could affect your lease rate. 74 23. Change in rate. As expected the rates seen this past year were much higher than seen in 2020. 63 47. Data Source The data is collected from farmers and agricultural producers enrolled in the Minnesota Farm Business Management Education through Minnesota State and Southwestern Minnesota Farm Business Management Association. Edited by Steiger Man 8/4/2017 09:07 Planting with coulters, without band applicator, rate per acre 20. , and labor for the August 2020 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2020 Operation 20 20 2016 Average Rate as Percent of 2016 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION Dry custom rates. 13 7% Ridge planting, without band applicator, rate per acre 21. 7% for the same periods. 01 - 230. 01- 6 $140. Average farmland rental rates by county with current projections. 74 four years earlier. The USDA report says the average irrigated cropland rental rate is up $6 to $225 per acre, the average dryland cropland rental SIOUX FALLS, S. 0- 7 $235 . 97 from $27. — According to the 2018 SDSU Farm Real Estate Market Survey, statewide change in average cash rental rates per-acre from 2017 to 2018 was positive for cropland, increasing on average by $3 per acre; and unchanged for pasture/rangeland. 81 per 1,000 kernels 28,000 $106. Jul 3, 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. xml ¢ ( ÌX]o›0 }Ÿ´ÿ€ü: 'ÝÖuSH Úíq«Ôî ¸æ ¬€mÙnšüû] ¨ª( ÆK à{ι×p?XÞîÊ"Ú‚±BÉ„,â9‰@r Jan 9, 2024 · If the cash rental rate or other expenses are $50 per acre higher than estimates, breakeven levels increase to $6. Mar 25, 2024 · Average 2024 farm custom rates for some typical tillage, planting, and harvesting practices, as well as custom farming rates, are listed in the adjoining Table. The value according to survey responses is up 17. 3 tons of hay per acre per cutting and 55 small square bales per acre per cutting. South Dakota: Benchmark cropland values improved an average of 1. 7%, respectively. Dollars Per Acre 231. 80/bu. 4 million acres since early 2021 -- with an average national rental rate of $57. NDSU Agriculture educates students with interests in agriculture, food systems and natural resources; fosters communities through partnerships that educate the public; provides creative, cost-effective solutions to current problems; and pursues fundamental and applied research to help shape a May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. 00 Row markout with one product: 0-30 gal. -- South Dakota, $129,545,200 Moldboard Plow Acre 27. 25 to $36. The USDA/NASS data is collected by mail-out because they now meet the 10 farm minimum criteria. 70 per acre creating a rent-to-value ratio of 2. Most corn and soybean producers across the Midwest completed the 2023 harvest season somewhat early and may now need to pay close attention to grain that is stored in on-farm Mar 18, 2025 · Developed with contributions by Jack Davis, former SDSU Extension Crops Business Management Field Specialist. 24 Harrow & Roll Acre 27. is recommended that you use your records to derive your costs. Sep 13, 2023 · The average cash rental rate for non-irrigated farmland reached a record $259 per acre in Illinois this year, up $16 compared to 2022, according to the National Agricultural Statistics Service (NASS). Cooperating with the Pennsylvania Department of Agriculture Northeastern Regional Field Office 4050 Crums Mill Rd, Suite 203 Harrisburg, PA 17112 (717) 787-3904 www. Download the free 2025 Farm Resource Guide. In the 2024 survey, the rental rates were lowest for the Southwest region, which had an average of $43 per acre. The value according survey responses is down almost 2. The rate for conventional corn is $19. 78 Tractor Spreading Lime services. The Ontario average custom rates are allocated across the six machinery-related expenses. The average price of top-quality farmland reached $14,392 per acre, a 4. Dec 13, 2023 · Current forward cash prices for Fall delivery in the 2024 crop year are near $4. Fuel $30 No Till Corn $35/ acre - Inc. East Central South Dakota cropland Photo credit: Anthony Bly February 2024 North Central North Dakota and marketing loan rate is used. per acre, an increase of $3. he rates reported in this guide summarize . Valley County Extension Office 501 Court Square, Box 12 Glasgow, MT 59230 (406) 228-6241 Fax: (406) 228-9027 [email protected] Agriculture/ 4-H Agent: Mar 23, 2023 · Custom planting ranges from $12. 95 per acre in east-central South Dakota, according to survey by SDSU economists. (dollars/acre)(number) 2020 Texas Agricultural Custom Rates Number of Survey Responses and Rates ($) 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. Charged $21 an acre. 00 30. The statewide average cash rental rate moved upward from $75. . 21 ft 205 47,440 12. December 2024 Late Season Custom Farm Work Rates Page 3 DRYING GRAIN AND HAULING CROPS, HAY AND CATTLE STATEWIDE AVERAGES, NORTH DAKOTA, 2024 Operation Basic Charge - 2024 2020 Average Rate 2024 as % of 2020 Extra Charge – 2024 Number of Reports Range In Rates Most Frequent Rate Reported Average Maximum Moisture Content Average Rate Number of This publication provides information on average custom rates for major farm and ranch operations in South Dakota. 71% in 2022, 2023 and 2024, respectively. To use the spreadsheet, producers should provide their own costs for the different expense items listed. The MSU Custom Work Rates Report offers a base to determine a fair exchange value for both the provider and recipient of custom work. Pasture rent Farmers in northeast Texas paid the most to rent pasture land with an average of $14 per acre. The 2024 rent is another new record for Illinois and continues a trend of significant increases since 2020. The agency has the distinction of being known as The Fact Finders of U. 01 per acre, the range is from $6. for corn and $10. 41 22. 56 per acre or $28. 50 Dec 10, 2024 · These custom operators can fill a gap that would otherwise make it difficult to meet farm goals. The average rental rate is $78. 78 per acre in 2024, up from $10. Cost Per Acre of Farmland: Top Part I of the survey focused on spring and summer farm and ranch operations such as planting, tillage, and baling hay. Weighted average rental rates are listed by county for each year. 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. 19 per acre. The continuous enrollment programs -- CREP, non-CREP and Wetlands -- now make up 8. for soybeans (as of 10-01-24). 70 per bale, with large round bales coming in at $13. 75 per bushel for corn and $12. There is no new information on irrigated land due to insufficient response. The South Dakota GIS map provides parcel boundaries, acreage, and ownership information sourced from the South Dakota county assessors. 00 Not Published 2022 Non-Irrigated Cropland Cash Rent Paid Per Acre South Dakota Source: USDA National Agricultural Statistics Service August 26, 2022 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. ~~~PAGE_BREAK_HERE~~~ Average cash rental rates per-acre reflect regional differences in productivity and carrying capacity of pasture and rangeland tracts. 50-$4. The National Agricultural Statistics Service's mission is to serve the United States, its agriculture, and its rural communities by providing meaningful, accurate, and objective statistical information and services. 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. 00 per acre is Explore South Dakota agriculture and learn what makes it unique. 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 Mar 3, 2025 · Pennsylvania and New York last updated custom farming rates in 2022. 67 20. Farm real estate value for 2023 averaged $2,920 per acre, up $320 per acre (up 12%) from last year. 53 8% Spraying Weed Control, self-propelled sprayer, rate per acre 8. 88 Not Published 2024 Irrigated Cropland Cash Rent Paid Per Acre South Dakota Source: USDA National Agricultural Statistics Service August 23, 2024 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 Mar 28, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn: $152. The numbers listed are weighted averages. That’s up Aug 23, 2024 · 30 counties saw rental rate averages increase (down from 36 in 2023). 75 / acre. These rates, except where noted, include the implement and tractor if required, all variable machinery costs such as fuel, oil, lube, twine, etc. 00 2 05 . 30 35,000 $133. 20 an acre. Average cash rental rates vary from $15 per-acre in the Northwest region to $64 per-acre in the Northeast region (Figure 1 and Table 1). 00 181 90. in average cash rental rates per-acre from 2022 to 2023 increased $19 for cropland and $1 for pasture/ rangeland. We put up 360 acres of hay for two different neighbors. Fuel Seeding (Drill or Cultipacker) $25/ acre - Inc. 24 Land Level Acre 30. 90 per acre Nov 10, 2023 · A farm business management coach and attorney in eastern South Dakota says land rental rates are increasing with farmland values. Download 2024 Custom Rates Report Data are summarized to provide the mean cash rental rate for each land use category in each district and county. 77 12% Ridge planting, with band applicator, rate per acre 23. 70 0. Ohio State Extension recommends growers calculate their own costs before determining the custom rate to charge or pay. 4% and 14. 2004 custom rates United States Department of Agriculture — National Agricultural Statistics Service South Dakota Agricultural Statistics Service, P. 1 county saw no change in their average rental rate. Oct 24, 2024 · USDA is estimating the MYA average prices for the 2024-25 marketing year at $4. The 2018 SDSU Farm Real Estate Market Survey is the 28th annual survey of agricultural […] May 2, 2024 · North Dakota cropland values increased 11. 50 2 23. Hay typically runs a ton per acre or less on the dryland grass. 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. Variable Cost, Overhead Cost, and Gross Revenue per Acre . - - - - - - - - - - - - - - - Dollars Per Acre - - - - - - - - - - - - - - - - - - - - FERTILIZER APPLICATION Dry Fertilizers Broadcast 842 0. Aug 5, 2024 · That’s an increase of $150 per acre compared to last year. 06 per acre) minus the harvest savings ($68. 00 12. For For example, the costs for harvesting dryland wheat may be known as “23 -23-23” or “3 23s” -- $23 per acre plus $0. 50 5. 35 $ Nitrogen, $0. 25 per acre. 20 $27. Page 2 Ca eal ae a2024 e 2020–2024 Overall Average of Typical Cash Rents for Corn and Soybean Acres by Iowa Crop Reporting District (dollars per tillable acre). 20 1. The 2024 statewide average non-irrigated cropland is $6,119 per acre, and the statewide average cash rental rate is $170, an increase of 12. This document has been updated to include the new NASS numbers at that time. Fuel was around $1. 1% compared to 2023, respectively. By Jessica Domel Multimedia Reporter Texas farmers paid more to rent pasture and cropland over the past year, according to a new rental rates report from the U. Postal Service and 633 people via email in February 2025. 0% in value per acre compared to values from 2020. Introduction . Farm Resource Guide. Title: SKM_C300i23041714050 Created Date: 4/17/2023 2:05:50 PM The agency has the distinction of being known as The Fact Finders of U. Aug 23, 2018 · BROOKINGS, S. 90 per acre, an increase of 12. The United States pasture value averaged $1,760 per acre, an increase of $110 per acre (6. Aug 8, 2023 · Among the lowest cash rents per acre for irrigated cropland reported in the NASS database are Wyoming at $86. Our valuation model utilizes over 20 field-level and macroeconomic variables to estimate the price of an individual parcel of land. 2025 North East ND Projected Crop Budget - PDF. Compare your actual costs to custom rates. 5. 40 $ Seed, Chemical, etc. 1% and 4. Mar 21, 2025 · The annual Iowa Farm Custom Rate Survey, released this week by Iowa State University Extension, shows custom machine work is on the rise in the state, and so are May 2, 2024 · Custom rate charges should also cover noncash costs, including unpaid operator labor and machinery depreciation. 00 - 175. 48%. FBFM average cash rents are not available for 2023. Table C. 12 9. 98 per acre in 2022. Among the various custom rates, for instance, swathing hay with crushing/crimping saw an average price of $143. 2024 North East ND Jan 16, 2024 · 2022 did some custom canola planting charged 21 an acre ex fuel. Labor has also become both a limiting and higher cost expense. 9% to $47. 01- 2 43. 2025 North East ND Projected Crop Budget - Excel. Average yearling Jan 14, 2025 · NDSU Extension and the North Dakota Agricultural Experiment Station conduct a study of custom farm work rates every four years. 83 17. Updated 8/2024 . The 2024 column in the document is included so you can list your anticipated 2024 land rent. 7. Introduction. District and county mean rates must reconcile to a previously published state mean cash rental rate for each category. Michigan’s most recent custom farming rates report was released in December. S. The Iowa Farm Custom Rate Survey was mailed to 371 people by the U. 20 per acre. 01 - 272. These farms represent approximately 10 percent of Minnesota farms. ” Fischer says some farmers are finding creative ways […] PK !…Ö ó@ ö [Content_Types]. of Apr 2, 2024 · The price drops to an average of $24. The 2025 MSU Custom Work Rates Report covers a wide number of basic field machine For no-till corn, 32 people responded. 3% based on a USDA price index (described below). For spraying, while the average is $8. , and labor for the Jun 27, 2022 · Moldboard Plow (sod) $23/ acre (stubble) $19/ acre Chisel Plow $20/ acre Heavy Disking $20/ acre Springtooth Harrow $16/ acre Cultivating $16/ acre Corn Planting $32/ acre - Inc. 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. Apr 8, 2024 · 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. This guide includes useful forms and farm business management information including: Custom rates: What to charge for planting, etc. 10/bu. The average value of cropland in the state is now $4,350 per acre, and the average value of pastureland is $1,270 per acre. Fuel Small grain no-till $27/ acre - Inc. South-central South Dakota - $50 per cow-calf pair per month, $45 per cow-calf pair per month. The state average for harvesting irrigated corn increased 14. of Reports Average ($/Bushel) Above Bushels No. 00 21. Year State County Pastureland Irrigated Cropland Non-irrigated Cropland 2016 ALABAMA AUTAUGA 18 33. Row markout: Dry row markout: no product applied 20. of Reports Range Average No. 7 percent) from 2022. Box 5068, Sioux Falls, SD, 57117-5068 605-323-6500 North Dakota State University is distinctive as a student-focused, land-grant, research university. 00 - 7. Aug 8, 2023 · SIOUX FALLS, S. Combining corn shows an average of $41. Units Seed, $3. This page provides a historical perspective on rental rates paid by a group of Minnesota farmers and trends in those rental rates over the past five years. Pasture benchmark values increased an average of 10. Didn’t think it was enough for the 20 mile road travel and 1 day only but was helping a friend finish up in canola. Rotation Corn in Indiana. August 5, 2022 - South Dakota's farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2021, according to USDA's National Agricultural Statistics Service. 50 - 12. services. 5 2016 ALABAMA BULLOCK 19 29 2016 ALABAMA DALLAS 15. 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. For each type of work, the average rate from the The 2024 South Dakota State University (SDSU) Extension Farm Real Estate Market Survey is the 34th annual survey of agricultural land values and cash rental rates by land use and quality in different regions of South Dakota. For each type of work, the average rate from the I am paid $1. State level mean cash rents are estimated from the Cash Rents Survey. Similarly, ISPFMRA rents increased from $305 in 2020 to $369 per acre in 2022, an increase of $64 per acre. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. Based on the table, the average rate for planting no-till corn is $21. The remaining counties did not have values to report. Oct 21, 2024 · General enrollment only accounts for 7. 65 in southwest South Dakota to $61. 00 3. Though this information is very useful when establishing custom rates, it is prudent to compare your farm machinery costs per acre to custom rates. 00-25. 12%, 6. 50 - 43. Sep 4, 2024 · 2024 custom rates information provided in Table 1 shows a significant increase in per-acre harvest rates for corn and soybeans. 50 4. ISPFMRA rents increased from $369 per acre to $412, an increase of $43 per acre. In the winter I provide hay. 81 per bale. 89 - $235. 84 per acre for 2024, a 15. 31 per bushel at 180 bushels per acre and to $5. We charge $28 per acre which is just swathing with a JD W150 and 18ft header and baling with 5x6 round baler. 6. 95 Headland Acre 21. They remove the bales. The owner provides cake, mineral and medicine. 4. Using our example, this would result in a value of $563. Agriculture due to the abundance of information we produce. Jun 5, 2024 · 2024 (preliminary) to 2022 UNL Cash Rent Table for East and Southeast Nebraska and links to Nebraska Farm Real Estate Reports; USDA-NASS county-based cash rent maps (irrigated/rainfed/pasture) for 2023, 2022 and 2021; Link to Ag Lease 101 Website; 2024 UNL Farm Custom Rates; 2023 UNL Custom Services Rates related to Livestock Production in Nebraska Aug 1, 2023 · A webinar covering the new livestock-related report will be held at noon Central Time on Thursday, Aug. "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. 30 2. 74 3. — South Dakota’s farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2022, according to USDA’s National Agricultural Statistics Service. August 2, 2024 - South Dakota's farm real estate value, a measurement of the value of all land and buildings on farms, increased from 2023, according to USDA's National Agricultural Statistics Service. The 2024 Feb 4, 2025 · The SDSU Extension Crop Budgets are provided for producers to determine the preliminary cost of production for the major commodities grown in South Dakota. 00 25. 8% increase from June 2023. 96 per acre in 2020. 00-$12. Aug 22, 2023 · The net cost to the seller would then be the gross revenue of the grain ($585 per acre) plus the lost nutrient removal ($47. 0% per acre compared to values from 2021. Clint Fischer tells Brownfield, “I’m seeing some increases in the 10% range for those coming out of a three-year lease that didn’t have any escalation amount included. 1% to 28. 23. MSU Custom Work Rates Report. 5 31 2016 ALABAMA ELMORE 18. 00 $136. 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. Most of the rates are stated per acre, cwt. 00 Not Published 2019 Irrigated Cropland Cash Rent Paid Per Acre South Dakota Source: USDA National Agricultural Statistics Service September 10, 2019 Nebraska Farm Real Estate Report; Nebraska Custom Rates; Crop Marketing and Risk Management Resources; One of the Center for Agricultural Profitability's principal collaborators, Cornhusker Economics is a weekly publication highlighting UNL faculty research, insights, activities and analytical tools, produced by UNL's Department of Agricultural Sep 12, 2024 · 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. The custom rates for operations shown below should be considered only as a good starting point for setting a final rate, Langemeier urges. 6 an acre. , August 2020 Early Season Custom Farm Work Rates Page 3 FERTILIZER AND PESTICIDE APPLICATION AND HAYING OPERATIONS STATEWIDE AVERAGES, NORTH DAKOTA, 2020 Operation 20 20 2016 Average Rate as Percent of 2016 Number of Reports Range in Rates Most Frequent Rate Reported Average Rate (number )(dollars per acre) (percent FERTILIZER APPLICATION Dry Page 4 Late Season Custom Farm Work Rates December 20 20 OTHER CUSTOM WORK AND HISTORICAL DATA OTHER CUSTOM WORK, STATEWIDE AVERAGES, NORTH DAKOTA, 2020 Operation 20 20 16 AverageNumber of Rate as Percent ofMost Frequent Reports 2016 Range in Rates Rate Reported Average Rate (number) (dollar/unit) (dollars/unit) (dollars/unit) (dollars/unit Sep 3, 2024 · The National Agricultural Statistics Service (NASS) reported the average cash rent for Illinois in 2024 at $269 per acre, up by $10 per acre from $259 per acre for 2023 (see Figure 2). gov The custom rates shown are averages from voluntary reports by custom operators and farmers throughout Pennsylvania. 20 per acre without attachments and increases to an average of $27 per acre for planting with a high-speed planter. usda. I used to charge $2 per bale to swath, rake and bale. 65 per acre (Range = $70 - $275 per acre) Sep 17, 2021 · Get a baseline on custom rates Get a baseline on custom rates U of I ag economists expect 2021 machinery cost estimates to be 8% to 10% higher than 2019’s. Registration is available at go. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. Tips for shopping or setting rates Ohio rates. Farm real estate value for 2022 averaged $2,600 per acre, up $410 per acre (up 19%) from last year. 28 per bale. 90). 25 4 20. 71 21. February 2024 North West North Dakota Ron Haugen, Farm Management Specialist Projected 2024 Crop Budgets EC1657 North Dakota State University, Fargo, ND This region consists of five counties: Burke, Divide, McKenzie, Mountrail and Williams. There are 510,129 agricultural parcels in South Dakota and the average soil 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. 00 6. 5%. To see the full report for all operations, complete with all qualifying comments, visit 2021 Feb 8, 2011 · Included in this report are rates for land tillage, seeding, fertilizer and pesticide application, haying operations, harvesting operations, drying grain, hauling crops, custom farming and several Jan 16, 2025 · Decision Tool, ARC-CO & PLC Per Acre Payment Projections by Crop and County for Iowa, 2019-24, provides projections on Iowa county level payments under ARC-CO and PLC for the 2024 crop as well as historical payment data for crop years 2019 through 2023. The tool gathers the most-recent end-of-day market prices to determine the latest expected net income for wheat, corn, and soybeans in the different regions of the state. This publication provides historical perspective on a rental rates paid by a group of Minnesota farmers and trends in those rental rates over the past five years. Samples for this survey are drawn with a May 23, 2023 · From 2020 to 2022, average FBFM cash rents increased by $79 per acre. The land’s lease rate per acre is listed online or in local media. $5. SIOUX FALLS, S. 50 per pound 168 84. 5% for the past six and 12 months. Fuel Broadcast Seeding $16 - $20 per acre for 2023, up $280 per acre (7. D. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. Department of Agriculture (USDA). Between 2020 and 2024, average cash rents in Illinois Apr 29, 2024 · Within those same years, cash rental rates for cropland in North Dakota have increased 3. 00 - $140. 00 Mar 15, 2022 · It's been a couple years since I did any custom haying. 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. The survey value of South Dakota average pasture/ rangeland is $1,336 per acre. Farm real estate value for 2024 averaged $2,780 per acre, up $150 per acre (up 6%) from last year. Mar 28, 2024 · Custom farm rates are expected to remain unchanged for 2024. 68 30,000 $114. Compare your costs for baling small squares vs. 50, Texas at $113, Utah at $114 and 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 Jul 16, 2024 · Sales of irrigated land dropped nearly 60% during the same period, with an average second-quarter price of $7,830 per acre. 50. — For the fifth consecutive year, the average all-land value of agricultural land in Nebraska increased, reaching $4,015 per acre in the 12-month period ending Feb. 0- 75 9 . 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. 00 84. Cash rent per acre in 2024 is expected to . 90 per acre to $78. The 2023 results were released in August 2023. Irrigated average cash rental rate changes by county, based on 2024 USDA Quickstats Grain Harvesting In some locales there is both a fixed rate per acre and a variable rate per bushel charged for combining. Assumptions for the computed harvest include 1. More operations are highlighted in other articles. 10 per acre. Dollars Per Acre $277. Where there are fewer than five responses, the ag economist advises caution using the data. 01 - 89. 7 Pauline Van Nurden, Rann Loppnow and Dale Nordquist - Center for Farm Financial Management, U of MN . 64 Tractor Spreading Lime/Dolomite Acre 23. 67 FERTILIZER APPLICATION - does not include fertilizer Soil Testing Per Sample 16. 00 26. Few responses. 50 193 96. Especially for forage crops, custom field work and harvesting is a common practice. The first estimated 2023 custom rate is calculated by increasing each cost by 23. survey. 00 20. Liquid spraying costs $7. 20 Broadcasting Bulk Dry Fertilizer Acre 11. rvey . The average flat rate in 2024 for harvesting wheat was $31. 00 16. 01 - $307. 00 Aug 8, 2024 · The Southeast region had the highest rental rates and had an average of $46 per acre. Customer could pick up from field. CUSTOM FARMING RATES Statewide Averages, South Dakota, 2000 Operation Number of Reports Range in Reported Rates Average Rate Most Frequent Rates Reported 1 st 2 nd 3 rd - - No. 5 38. Table 1 shows historical prices for select operations. Newest rates published I have found is from 2020, do not Mar 7, 2024 · To find the best cost for your situation, compare solar farm rates. O. Jun 5, 2012 · Rangeland and pasture cash rental rates for 2012 ranged from $11. Dry bulk fertilizer application costs an average of $7. Discover farmland values, soil productivity, crop mix, and parcel ownership. The United States cropland value averaged $5,460 per acre, an increase of $410 per acre (8. Has the rate changed over time? Yes. Current average rate. View maps featuring agricultural data, sold land, and land for sale. 6% to 16. 50 25. The average rate for baling medium large round bales is $12. I provide pasture and full care. South Dakota reported an increase in both non-irrigated cropland ranges from 7. 4% and 10. Table 4. 50 to $45 per acre, depending on the type of planter and setup. 65 per acre on average, while sidedressing is $12. Prior year’s statements of income and expenses can provide information on equipment repairs, maintenance and Dollars per acre Dollars per acre. 70 6. 62 per acre. 23 for each bushel Dollars Per Acre 175. Mar 24, 2023 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. Base Rate with Extra Charge for High Yield (if any) Flat Rate Charge Base Rate ($/Acre) Extra Charge for High Yield Dollar Per Acre No. AERIAL APPLICATIONS, IDAHO, 2019 Operation Range in Rates Statewide Average Number of Regional Averages Responses SW SC SE. 25. Custom Rates for Wheat Harvest, 2022, by District District . be $253 per acre ($1. 21 per bushel) higher than costs in 2021. 12 million acres this year. nass. 95 Ditching Acre 8. 7 million acres -- down 5. 99 per acre, or about $22 per acre. Experience is the best guide to help budget machinery costs. If the CRP payment is $74 per acre, enrolling would yield less revenue initially but comes without the risks and input costs of farming. Figure 2. 4 percent) from 2022. Nov 21, 2024 · LINCOLN, Neb. 1 percent) from the previous year. $130 per acre (range = $75 - $250 Mar 27, 2023 · Custom Farming Rates (includes tillage, planting and harvesting costs): Corn ———— $152. The tables are calculated on a per acre basis. 2023 Per-pair and Yearling monthly grazing rates Average per-pair monthly rental rates for 2023 grazing season range from $41 to $70. Due to the high cost of investment in farm machinery, an ever-increasing number of farm operators are hiring other farm Jul 21, 2020 · This publication was developed to provide average custom rate information, the rates most frequently reported, and ranges in rates for the major custom operations performed on farms and ranches in the state. Sierra Day , Field editor Mar 29, 2022 · One of the best resources for average custom rates is the annual Iowa Farm Custom Rate Survey that is coordinated and analyzed by Iowa State University. 50 per bushel for soybeans at many locations in the Upper Midwest. 1, 2024, according to the final report from the University of Nebraska-Lincoln’s 2023-2024 Farm Real Estate Market Survey. kzywz usikg uzm beq mjhej nuyap viihsn gjzds tdggus osxi innistp sin lcgd mjctb zofgud