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Newsletter | Past Issues

 

May, 2008

In This Issue:
Ohio Farm Custom Rates--2008

Dairy Farm Financial Analysis Opportunities

Renewable Energy Systems & Energy Efficiency Improvements Grants Program

ODA's Indemnity Program

Ohio's Annie's Project Holds Successful Winter Workshops in 2007-2008

Starting, Organizing and Managing an LLC for a Farm Business

Employee Management Crucial in Springtime

Do you have a question that you would like to ask the Ohio AG Manager Team?  If so, click here to email your question.

Ohio Farm Custom Rates--2008

Barry Ward, Leader Production Business Management, OSU Extension and Department of Agricultural, Environmental and Development Economics (AEDE)

Click here for the PDF Version of Ohio Farm Custom Rates--2008

Many Ohio farmers hire custom farm work in their farm business or perform custom farm work for others. Custom farming rates traditionally have been arrived at by a series of calculations and negotiations. One of the most common ways custom farming providers and consumers arrive at an agreeable custom farming rate is to access University Extension summarized surveys. Ohio State University Extension and the Department of Agricultural, Environmental and Development Economics have historically published farm custom rates to assist farm businesses with this important task.

 

“Ohio Farm Custom Rates 2008” is based on survey results from 205 Ohio farmers, custom farmers and farm managers. The custom rates presented may differ from rates in your region depending on availability of custom operators & machinery, timeliness, operator skill, field size & shape, crop conditions, performance characteristics of the machine being used and demand for custom farming services.

 

Custom farming rate increases for 2008 include custom Corn Harvest at $25.45/acre, Conventional Corn Planting at $15.11/acre, Drilling No-Till Soybeans at $15.68/acre, and Spraying Chemicals (Self-Propelled Sprayer) at $6.36/acre. These represent increases of 6%, 5.7%, 10.4%, and 11.6% respectively over 2006 Ohio custom rates. Other operations show similar 4 year rate increases. Higher machinery, fuel and labor costs have contributed to custom farming rate increases over the past 2 years. For more information on custom farming rates and other Farm Management Topics see our Department Farm Management Website at:

http://aede.osu.edu/programs/FarmManagement/

 

The "Average" rate listed below is the average of all responses. The range is the average

+/- one standard deviation which includes about two-thirds of all responses.

 

Ohio Farm Custom Rates – 2008

 

 

Average

 

Range

Strip Tillage

 

 

 

 

 

 

Stalk Chopper / acre

 

$10.00

 

$6.73

-

$13.27

Moldboard Plow / acre

 

$15.47

 

$10.61

-

$20.33

Chisel Plow / acre

 

$14.23

 

$10.37

-

$18.09

Disk Chisel / acre

 

$14.69

 

$11.14

-

$18.23

Disk-Tandem / acre

 

$12.44

 

$9.70

-

$15.19

Disk-Offset / acre

 

$12.71

 

$10.02

-

$15.40

Soil Finishing /acre

 

$11.90

 

$9.07

-

$14.73

Field Cultivator / acre

 

$10.55

 

$8.30

-

$12.79

Subsoiling / acre

 

$17.88

 

$12.52

-

$23.23

V-Ripping / acre

 

$17.28

 

$13.67

-

$20.89

Strip Tillage / acre

 

$16.65

 

$13.61

-

$19.69

 

 

 

 

 

 

 

Fertilizer Application - Ground

 

 

 

 

 

 

Dry Bulk / acre

 

$4.53

 

$3.12

-

$5.93

Liq Knife / acre

 

$8.70

 

$4.74

-

$12.65

Liq Spray / acre

 

$7.08

 

$4.56

-

$9.60

Annhydrous / acre

 

$10.50

 

$7.16

-

$13.84

Lime application / acre

 

$7.06

 

$4.65

-

$9.46

Lime application / ton

 

$6.05

 

$2.90

-

$9.20

Chemical Control of Weeds or Insects

 

 

 

 

 

 

Spraying (self propelled) / acre

 

$6.36

 

$4.86

-

$7.85

Spraying (pull type) / acre

 

$6.33

 

$4.22

-

$8.45

Highboy spraying / acre

 

$7.30

 

$5.16

-

$9.44

 

 

 

 

 

 

 

Aerial Application

 

 

 

 

 

 

Chemicals / acre

 

$7.78

 

$6.02

-

$9.53

 

 

 

 

 

 

 

 

 

Average

 

Range

 

 

Planting Operations

 

 

 

 

 

 

Conventional Till

 

 

 

 

 

 

Plant Corn / 30" rows / acre

 

$15.11

 

$10.81

-

$19.42

Plant Corn w/ Fert Attach. / 30" rows / acre

 

$17.00

 

$12.35

-

$21.65

Plant Soybeans / 15" rows / acre

 

$16.06

 

$12.08

-

$20.04

Plant soybeans / 30" rows / acre

 

$13.29

 

$9.81

-

$16.76

Drill Soybeans / acre

 

$14.60

 

$10.78

-

$18.41

Drill Small Grains / acre

 

$14.60

 

$10.81

-

$18.38

 

 

 

 

 

 

 

No-Till

 

 

 

 

 

 

Plant Corn / 30" rows / acre

 

$17.14

 

$13.36

-

$20.93

Plant Corn w/ Fert Attach. / 30" rows / acre

 

$18.75

 

$13.87

-

$23.63

Plant Soybeans / 15" rows / acre

 

$15.95

 

$12.17

-

$19.74

Plant soybeans / 30" rows / acre

 

$16.78

 

$13.11

-

$20.44

Drill Soybeans / acre

 

$15.68

 

$11.72

-

$19.65

Drill Small Grains / acre

 

$15.65

 

$11.49

-

$19.80

 

 

 

 

 

 

 

Grass/Legume/Pasture Seeding

 

 

 

 

 

 

Grain drill / acre

 

$13.38

 

$9.93

-

$16.82

 

 

 

 

 

 

 

Grain Harvest

 

 

 

 

 

 

Combine Corn / acre

 

$25.45

 

$21.61

-

$29.28

Combine Soy / acre

 

$24.73

 

$20.96

-

$28.50

Combine Small Grains / acre

 

$24.42

 

$20.45

-

$28.40

Ear Corn Picker/acre

 

$28.33

 

$22.28

-

$34.39

Grain Cart/acre

 

$4.13

 

$2.39

-

$5.86

 

 

 

 

 

 

 

 

 

Average

 

Range

 

 

Grain Storage - On Farm

 

 

 

 

 

 

Storage / month / bushel

 

$0.037

 

$0.028

-

$0.046

Storage / year / bushel

 

$0.16

 

$0.09

-

$0.22

 

 

 

 

 

 

 

Grain dry

 

 

 

 

 

 

Moisture removed per point / bushel

 

$0.031

 

$0.021

-

$0.041

 

 

 

 

 

 

 

Grain Haul

 

 

 

 

 

 

Farm To Market

 

$0.14

 

$0.10

-

$0.18

miles

 

29

 

6

-

52

Farm To Field

 

$0.085

 

$0.05

-

$0.12

miles

 

10

 

6

-

15

Custom Farming