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Farm custom rates increasing in 2014

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Following are the average custom rates for some common farming practices for 2014, based on the Iowa Farm Custom Rate Survey.

Custom Farming Rates:

(Includes tillage, planting and harvesting costs)

·      Corn: $136.10 per acre  (Range = $95.00-175.00) 

·      Soybeans: $121.00 per acre  (Range = $80.00-165.00)

·      Small Grain: $91.25 per acre  (Range = $80.00-100.00)

Tillage

·      Moldboard plow: $17.15 per acre

·      Chisel plow: $16.15 per acre

·      V-Ripper (deep tillage): $20.40 per acre

·      Field cultivator: $13.80 per acre

·      Tandem disk: $14.20 per acre

·      Row cultivator: $14.20 per acre

·      Chopping cornstalks: $11.55 per acre

Planting and Spraying

·      Planter with attachments: $19.25 per acre

·      Planter without attachments: $17.85 per acre

·      No-till planter: $19.35 per acre

·      Soybean drill: $16.40 per acre

·      Grain drill: $15.30 per acre

·      Crop spraying (broadcast): $7.55 per acre

Harvesting Grain

·      Corn combine: $34.15 per acre ($40.05 with chopper head; $47.65 per acre with grain cart and truck)

·      Soybean combine: $34.15 per acre ($45.20 per acre with grain cart and truck)

·      Small grain combine: $29.75 per acre

·      Corn grain cart (in field): $6.95 per acre

·      Soybean grain cart (in field): $5.75 per acre

·      Hauling grain (5 mi. or less): 11¢ per bushel

·      Hauling grain (5 – 25 mi.): 17.5¢ per bushel

·      Grain auger use (on farm): 7¢ per bushel

Harvesting Forages

·      Windrowing hay: $12.90 per acre

·      Hay baling (small square bales): 65¢ per bale

·      Hay baling (large square bales): $10.50 per bale

·      Hay baling (large round bales): $11.05 per bale ($12.60 per bale with wrap)

·      Corn stalk baling (large bales): $12.25 per bale ($13.45 per bale with wrap)

·      Silage chopping: $69.65 per hour per header row

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