0000008575 00000 n
The cost to mow hay ranged from $8 to $15 per acre, with an average of $11.35 per acre. The information below is based on 118 responses and 3,785 custom rates provided by Iowa farmers, custom operators, and farm managers. This is especially true with new and younger farm operators, as well as with children that decide to start farming with their parents. For more details on custom farming agreements and other farm machinery information, refer to the Iowa State University Ag Decision Maker website : http://www.extension.iastate.edu/agdm/. Based on the Iowa State data, average custom rates for tillage, planting, and harvest operations in 2021 were expected to be steady to slightly lower, compared to the rates in 2020. In addition, some land investors are choosing to operate a farm themselves rather than cash renting the land another farm operator, thus hiring a farm operator under a custom farming agreement. Landowners also find several advantages to a well-designed custom farming agreement. Custom operators who extensively engage in custom work should estimate the full ownership and operating costs of their services before agreeing to work for the going rate in their area. Iowa State University of Science and Technology. `vd1pf`bd ?g7
The cost to mow hay ranged from $8 to $15 per acre, with an average of $11.35 per acre. All rights reserved. The average price for diesel fuel was assumed to be $2.71 per gallon. All listed custom rates in the 2021 Iowa Survey results include fuel, labor, repairs, depreciation, insurance, and interest, unless otherwise specified. 0000015719 00000 n
//--> New information in this years survey includes rates for seeding cover crops, combining corn with a reel and scouting crops with fixed wing drones. 0000006641 00000 n
HA3F12OlrsV`|>* 2,xY/;4@#P1!oY4=e"XY?g QBAH30;*ib f< p`D@ U>
The 2021 Iowa Farm Custom Rate Survey, conducted by Iowa State University Extension and Outreach, covers the amounts charged and paid for common crop and livestock services. The 2021 Iowa Farm Custom Rate Survey is intended as a guide in determining custom rates. 2150 Beardshear Hall, Ames, IA 50011-2031 Plastina said the survey is a useful starting point for negotiations and farm discussions, but it is not intended to be the sole factor used to set price. Earlier this year, 559 custom operators and farm managers were sampled regarding expected 2021 custom farm rates to be for various farm operations. Tillage, planting, harvesting, manure hauling and livestock transportation are all included, along with dozens of other tasks and data points. 0000006985 00000 n
The survey summary lists the average custom rate, as well as a range, for various tillage, planting, fertilizer and chemical application, grain harvesting, and forage harvesting functions on the farm. In Indiana, custom work is often done by farming neighbors after they complete their own work. [CDATA[// >