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Around the County

Frequent information updates for agricultural audiences

"Illinois Custom Rates" or Costs of Operation

Posted by John Fulton -

The end of the calendar year brings a flury of "settling up" on some custom work done for neighbors, friends, or on a business agreement. Below is the link to the latest edition (May, 08) of Costs of Operation figures for Illinois:

http://www.farmdoc.uiuc.edu/manage/machinery/machinery_summary.html

These figures are based on actual costs to perform an operation including power, machinery, fuel, and labor. There is no management fee included.

For some of the less traditional rates not included on the Illinois site, try the Iowa State University site. They actually survey operators to garner their figures:

http://www.extension.iastate.edu/publications/FM1698.pdf



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