iowa state custom rates 2022
AMES, Iowa Many Iowa farmers hire some custom machine work in their farm business or perform custom work for others. Earlier this year, 559 custom operators and farm managers were sampled regarding expected 2022 custom farm rates to be for various farm operations. All rights reserved. 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. Custom Farming Rates (includes tillage, planting and harvesting costs): *** Table prepared by Kent Thiesse, Farm Management Analyst ***, Farm Custom Rates Likely To Increase For 2022, https://www.extension.iastate.edu/agdm/crops/html/a3-10.html, Corn $130 per acre (Range = $75 $250), Soybeans - $120 per acre (Range = $70 $250), Small Grain - $95 per acre (Range = $90 $100), V-Ripper (deep tillage) $22.00 per acre, Planter With Attachments - $24.00 per acre (extra charges for GPS, seed shutoffs, etc. Table 1 shows historical prices for select operations. The survey assumed diesel prices would be $3.33 a gallon in 2022, based on forecasts from the U.S. Energy Information Administration. All Rights Reserved. To join the survey list for 2024, email the survey authors. Earlier this year, 559 custom operators and farm managers were sampled regarding expected 2022 custom farm rates. Resource Category: Farm Management State. Use these decision tools to estimate the costs and returns for fruit and vegetable production. Is Madison the next Silicon Valley or the next Austin? All rights reserved, https://store.extension.iastate.edu/product/1792.pdf, https://dr.lib.iastate.edu/handle/20.500.12876/34103. Table 1 shows historical prices for select operations. (Iowa State University) This spreadsheet provides historical Iowa land values for county, district, and state beginning in 1950. . State & National Extension Partners, New data shows what Iowans charge and pay for custom farming, March 18, 2021, 12:30 pm | Alejandro Plastina, Extension Economist/Assistant Professor in Economics. This information is based on 122 responses and 3,389 custom rates provided by Iowa farmers, custom operators, and farm managers. All rights reserved. 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. [CDATA[// >
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