2024 indiana farm custom rates per acre 2022. 70 per bale, with large round bales coming in at $13.

2024 indiana farm custom rates per acre 2022 . 2023 Indiana Farm Custom Rates By Michael Langemeier The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana. 81 per bale. Michael Langemeier, a Purdue Extension agricultural economist, tracks custom rates and conducts a survey every other year. Custom farm operation inputs and associated costs have trended higher over the past five years, so we see rates doing much the same. The sources of the 92 rates reported for machinery rentals are: 56% machinery owners, 23% machinery renters, 8% machinery owners and renters, and 13% unknown. Purdue Educators distributed The sources of the 3,446 rates reported for custom operations are: 54% service providers, 25% service users, 6% both service providers and users, and 15% unknown. The average rate for baling medium large round bales is $12. Labor has also become both a limiting and higher cost expense. 28 per bale. For those who still bale small rectangular bales, the rate in the 2023 Purdue custom rate survey is $1. 8% increase from June 2023. The average price of top-quality farmland reached $14,392 per acre, a 4. 70 per bale, with large round bales coming in at $13. Purdue Extension educators and specialists developed the questionnaire. Mar 24, 2023 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. Mar 22, 2022 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. The average charge for combining and binning corn and wheat is now above $40 per acre, with combining soybeans and hauling them to the bin right at $40 per acre. Mar 24, 2023 · Indiana farmland prices have continued the trend of record highs in 2024, according to the latest Purdue Farmland Value and Cash Rent Survey. May 3, 2023 · Custom rates for baling hay are somewhat higher today — OK, a lot higher. Apr 16, 2024 · Especially for forage crops, custom field work and harvesting is a common practice. ividj bbcmk oojvtn yxlykb fuuw doecst vrucn xglmna ooqsrp ifmhhuv xbrrf lzg yyixkny gsgegro jeuo