The survey covers the amounts charged and paid for common crop and livestock services in the state. 0000000016 00000 n %%EOF All rights reserved. In addition, custom farming offers a fixed return per acre to the custom operator, and although there is some possibility of higher repair bills, this is minor compared with the price and yield risks typically faced by a farm operator in a normal cash rental contract. Iowa Farm Custom Rate Survey was mailed to 361 people by the US Postal Service and 198 people via email in early February 2021. The landowner does not have to negotiate land rental rates, or worry about collecting lease payments, since the owner receives all of the crop proceeds. The custom rate summary, which is usually released in late February, lists the average custom rate, as well as a range in custom rates, for various tillage, planting, fertilizer and chemical application, grain harvesting, and forage harvesting functions on the farm. "pdf" file that you can access by clicking here, View past publications of the Iowa Farm Custom Rate Survey, Links to custom rate data from other states can be accessed here. 3814 0 obj <> endobj xref All rights reserved. The cost to mow hay ranged from $8 to $15 per acre, with an average of $11.35 per acre. There were 118 useable surveys returned. 0000014908 00000 n //-->@Pr5`jxlYb?88;'(x|H if (typeof sfsi_widget_set == "function") { 0000093065 00000 n Custom operators who extensively engage in custom work should estimate the full ownership and operating costs of their services before agreeing to work for the going rate in their area. Landowners also find several advantages to a well-designed custom farming agreement. The Iowa Farm and Rural Life Poll is an annual survey of Iowa farmers. 0000015719 00000 n
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