Illinois Custom Farming Rates 2025. Custom rates increased for the majority of field operations in 2024 as compared to surveyed rates in 2022 but the increases did vary by operation. Operators are charging more for the same services as their costs have increased.
Custom rates increased for the majority of field operations in 2024 as compared to surveyed rates in 2022 but the increases did vary by operation. University of illinois ag economists publish machinery cost estimates intended to represent the actual costs associated with individual farm field operations,.
These Surveys Can Be Useful Reference Guides For Finding Good Custom Operator Rates Next Spring, Or For Setting Rates Where You Farm, But Keep In Mind That Custom Rates Can Vary.
Farm tasks listed in the report include everything from planting to harvesting, with custom rate cost data that reflect the average, median and range for each task.
The Average Of All Classes Of Farmland In Illinois Increased In Value During 2022, According To The Illinois Farmland Values And Lease Trends Report.
This price series is forecast to average $92.61/cwt for the 3rd quarter of 2024, falling to $77.24/cwt by the 4th quarter and $77.36/cwt for the 1st quarter of 2025, before.
Illinois Custom Farming Rates 2025 Images References :
In 2023, The Total Of All Economic Costs Per Acre For Growing Corn In Illinois Averaged $1,301 In The Northern Section, $1,342 In The Central Section For Farmland With.
Custom rates increased for the majority of field operations in 2024 as compared to surveyed rates in 2022 but the increases did vary by operation.
Actual Custom Rates May Vary According To Availability Of Machinery In A Given Area, Timeliness, Operator Skill, Field Size And Shape, Crop Conditions, And The Performance Characteristics Of The Machine Being Used.
The average cash rent per year is released in august during the production year.