PAUL...here is part of something I saved that addresses your question. I wish I were more computer savvy and could put up the pdf file in total. Hope this helps. Note the "assumption" on cost of fuel.
Custom Rate Survey File A3-10 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 187 Iowa farmers, custom operators, and farm managers. For each operation, the average rate from the survey and the range are shown. Thirty percent of the respondents perform custom work, 18 percent hire work done, and 52 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 $2.25 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, fi eld size and shape, crop conditions, and the performance characteristics of the machine being used. Machinery rental rates can be estimated on the back. Harvesting, Drying, and Storing Grain Average Range Corn combining, / acre $29.90 20.00 - 40.00 - with chopper head, / acre 32.70 23.00 - 41.75 Soybean combining, / acre 28.70 20.00 - 39.05 - with air reel, / acre 29.75 22.00 - 39.70 Small grain combining, / acre 27.20 22.00 - 32.45 Complete harvesting (combine, cart, haul to farm storage) - Corn, / acre 38.55 24.50 - 55.00 - Soybeans, / acre 35.90 22.50 - 48.50 Added charge for GPS mapping, / acre 2.20 0.50 - 4.00 Picking ear corn, / acre (farm use) 27.25 20.00 - 34.85 Drying corn (includes fuel, electricity, labor) - continuous fl ow dryer (/ point / bu.) 0.047 0.030 - 0.060 - bin dryer (/ point / bu.) 0.052 0.040 - 0.070 Bin dryer rental (/ bu.) no fuel or labor 0.074 0.020 - 0.130 Handling grain by auger, / bu. 0.066 0.020 - 0.170 Storing grain, bin rental, / bu. / month 0.023 0.010 - 0.050 Storing grain, bin rental, / bu. / year 0.147 0.100 - 0.250 Tillage Average Range Chopping cornstalks, / acre $9.95 5.00 - 16.00 Moldboard plowing, / acre 14.50 10.00 - 18.45 Chisel plowing, / acre 13.30 8.00 - 18.45 Disk/chiseling, / acre 14.20 8.00 - 19.00 Subsoiling (8 to 15 in. deep), / acre 16.45 9.50 - 24.00 V-ripping (over 15 in. deep), / acre 17.00 12.00 - 23.40 V-ripping with tandem disk, / acre 17.95 11.00 - 24.50 Disking, tandem, / acre 11.60 7.00 - 16.00 Disking, offset, / acre 14.25 10.00 - 18.00 Harrowing, / acre 8.10 4.00 - 12.50 Soil fi nishing, / acre 11.30 7.00 - 15.00 Field cultivating, / acre 10.85 7.00 - 15.00 Rock picking, / acre 13.00 11.00 - 15.00 Cultivating, / acre 10.10 8.00 - 12.00 Cultivating, ridge-till, / acre 12.45 9.00 - 15.80 Rotary hoeing, / acre 7.95 4.50 - 12.00 Land rolling, / acre 6.55 3.00 - 10.00
The figures shown appear to be over some sort of range. Moldboard plowing shows 10.00 to 18.45/per acre. My gut feeling is that 20-25/acre would be minimum. Distance to job?? Drive or trailer your equipment?? Can you get any idea of what prevailing rates are in your area??
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