by Barry Ward, Leader, Production Business Management, OSU Extension, Ag and Natural Resources
A large number of Ohio farmers hire machinery operations and other farm related work to be completed by others. This is often due to lack of proper equipment, lack of time or lack of expertise for a particular operation. Many farm business owners do not own equipment for every possible job that they may encounter in the course of operating a farm and may, instead of purchasing the equipment needed, seek out someone with the proper tools necessary to complete the job. This farm work completed by others is often referred to as “custom farm work” or more simply “custom work”. A “custom rate” is the amount agreed upon by both parties to be paid by the custom work customer to the custom work provider.
Custom farming providers and customers often negotiate an agreeable custom farming machinery rate by utilizing Extension surveys results as a starting point. Ohio State University Extension collects surveys and publishes survey results from the Ohio Farm Custom Survey every other year. This year we are updating our published custom farm rates for Ohio.
We need your assistance in securing up-to-date information about farm custom work rates, machinery and building rental rates and hired labor costs in Ohio.
Please provide rates that are current including the latest price increases or planned increases.
An online option for this survey is available at: OhioFarmCustomRatesSurvey2018
We would ask you to please respond even if you know only have a few operations with data. We want information on actual rates, either what you paid to hire work or what you charged to perform custom work.
Deadline for Surveys to be returned: March 31st, 2018