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.
Good resource. 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 2006 is the first Ohio custom rate survey update since 2002 and is available at your local Ohio State University Extension Office or online at: http://aede.osu.edu/programs/FarmManagement/OhioFarmCustomRates2006.pdf
Ohio Farm Custom Rates 2006 is based on survey results from 277 Ohio farmers, custom farmers and farm managers.
Rates may vary. The custom rates presented may differ from rates in your region depending on availability of custom operators and machinery, timeliness, operator skill, field size and shape, crop conditions, performance characteristics of the machine being used and demand for custom farming services.
Custom farming rate increases for 2006 include custom corn harvest at $24/acre, conventional corn planting at $14.30/acre and drilling soybeans at $14.20/acre.
Increases. These represent increases of 14 percent, 19 percent and 9 percent, respectively over 2002 Ohio custom rates.
Other operations show similar four-year rate increases. Higher machinery, fuel and labor costs have contributed to custom farming rate increases over the past four years.
Learn more. For more information on custom farming rates and other farm management topics see http://aede.osu.edu/programs/FarmManagement.