Barry Ward, Director, OSU Extension Income Tax School Program; Leader, Production Business Management
Eric Richer, Associate Professor and Field Specialist, Farm Management
John Barker, OSU Extension Educator ANR, Knox County
Amanda Bennett, OSU Extension Educator ANR, Miami County
Farming is a complex business and many Ohio farmers utilize outside assistance for specific farm-related work. This option is appealing for tasks requiring specialized equipment or technical expertise. Often, having someone else with specialized tools perform tasks is more cost effective and saves time. 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 rates increased for the majority of field operations in 2024 as compared to surveyed rates in 2022 but the increases did vary by operation. Examples include an increase of 6% for Planting Corn (30 Inch Rows with Fertilizer Application), 5.6% for Harvesting Corn (Combine, Grain Cart, Haul Local to Farm), 21% for Spraying (Self-Propelled Sprayer, Crop Protection Chemicals) and 24% for Field Cultivator.
New field operations in this year’s survey and summary include Continue reading Ohio Farm Custom Rates: 2024