| Updated March, 2009 |  |
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File A3-10 |
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Iowa Farm Custom Rate Survey
| For more explanation of the 2008 Custom Rate Survey, listen to the presentation available here. |
Many Iowa farmers hire some custom machine work in their farm business, or perform custom work for others. Others rent machinery or perform other services. The information below is based on a survey of 255 Iowa farmers, custom operators, and farm managers. For each operation, the average rate from the survey and the range are shown. Twenty-eight percent of the respondents perform custom work, 17 percent hire work done, and 55 percent indicated doing both.
Values below are rates expected to be charged or paid, including fuel and labor. The average price for diesel fuel was assumed to be $2.50 per gallon. This rate schedule is intended only as a guide. 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. Machinery rental rates can be estimated on the back.
The Iowa Farm Custom Rate Survey is presented in the accompanying "pdf" file that you can access by clicking here or on the icon above.