Due to the high cost of investment in farm machinery, an ever-increasing number of farmers are hiring other people to provide some or all of their machinery resources for their farm operation. This is especially true with new and younger farmers, as well as with children who decide to start farming with their parents.

Some farmers also hire specific work to be done by a custom farmer, such as combining, grain hauling or hay baling. Many farmers negotiate these types of custom rates and custom farming arrangements in the spring, while others wait until harvest is completed.

Even though fuel prices have been fairly stable the past year, higher labor costs, together with custom operators trying to more fully cover their expenses, have resulted in slightly higher average rates this year.

Overall, average custom rates for tillage, planting and harvest operations are expected to increase slightly more than 7 percent from last year.

Custom farming rates for corn and soybean production are also expected to increase by about 9 percent.

These results are based on the annual Iowa Farm Custom Rate Survey that is coordinated and analyzed by Iowa State University. The average custom rates in southern and western Minnesota tend to be very close to the Iowa rates.

The complete 2019 survey is available at www.extension.iastate.edu/agdm/crops/html/a3-10.html.

SELECTED CUSTOM RATES

Custom Farming

(includes tillage, planting and harvesting costs)

Corn $132.25 per acre (range: $80-$225)

Soybeans $121.20 per acre (range: $75-$210.25)

Small grain $118.35 per acre (range: $100-$140)

Tillage

Moldboard plow $20.20 per acre

Chisel plow $18.35 per acre

Disk/chisel $19.70 per acre

V-ripper (deep tillage) $23.45 per acre

Field cultivator $16.00 per acre

Tandem disk $15.40 per acre

Chopping cornstalks $12.40 per acre

Planting and spraying

Planter with attachments $21.80 per acre (Extra charges for GPS, seed shutoffs, etc.)

Planter without attachments $20.40 per acre

No-till planter $22.90 per acre

Soybean drill $19.10 per acre

Grain drill $18.35 per acre

Crop spraying (broadcast) $7.65 per acre (self-propelled sprayer)

Harvesting Grain

Corn combine $35.95 per acre ($41.35 with chopper head)

$54.10 per acre with grain cart and truck

Soybean combine $35.10 per acre ($38.50 with draper head)

$51.55 per acre with grain cart and truck)

Small grain combine $31.90 per acre

Corn grain cart (in field) $6.55 per acre

Soybean grain cart (in field) $5.75 per acre

Hauling grain (5 miles or less) $0.10 per bushel

Hauling grain (5-25 milies) $0.16 per bushel

Grain auger use (on farm) $0.06 per bushel

Harvesting forages

Windrowing hay $15.40 per acre

Hay baling (small square bales) $0.68 per bale

Hay baling (large square bales) $10.95 per bale

Hay baling (large round bales) $12.35 per bale ($13.05 per bale with wrap)

Corn stalk baling (large bales) $12.35 per bale ($13.60 per bale with wrap)

Haylage chopping $ 8.40 per ton

Silage chopping $ 6.75 per ton

Thiesse is a farm management analyst and a senior vice president at MinnStar Bank, Lake Crystal, Minn.

Thiesse is a farm management analyst and a senior vice president at MinnStar Bank, Lake Crystal, Minn.

What's your reaction?

0
0
0
1
1