Home Farm Equipment Check out custom rates for harvesting, grain handling in Indiana

Check out custom rates for harvesting, grain handling in Indiana

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You’re fascinated by letting another person harvest a few of your crop as a substitute of shopping for a second mix. How a lot do you have to anticipate to pay per acre? Will you pay extra for harvesting corn than soybeans? Will or not it’s cheaper in case you haul grain your self somewhat than have the custom operator and crew haul it to your bins or to an elevator?

Michael Langemeier compiles knowledge each different yr to assist reply questions like these by way of the Purdue College Middle for Business Agriculture’s Custom Rates Survey. Extension educators helped distribute survey varieties in the course of the winter of 2020-21. The outcomes are primarily based on 97 respondents who participated in the survey.

Associated: Purdue issues custom rates for field operations

Primarily based on the 2021 numbers, you may anticipate to pay a hair extra for harvesting corn than soybeans, averaging $30.26 and $29.39 per acre, respectively. Since greater than 30 individuals responded, Langemeier included a variation measure, from $24.29 to $36.22 per acre for corn and from $23.67 to $35.11 per acre for soybeans. These aren’t the bottom and highest reported rates. As a substitute, they’re one normal deviation above and under. About two-thirds of the rates reported fall inside these ranges.

You’ll pay extra to get grain to the bin or hauled to an elevator. Consult with the chart under for particulars. It is best to do some calculations to see in case you can haul grain to bins or the elevator cheaper than you may rent it achieved. Labor availability can also come into play.

Be aware that because the variation in reported rates is giant for many operations, it’s best to solely use these common rates as a place to begin for establishing the custom charge you pay or cost in any given state of affairs, Langemeier says.

Extra operations might be highlighted in future articles. To see the total report for all operations, full with all qualifying feedback, go to 2021 Indiana Farm Custom Rates.

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