grain hauling rates per bushel 2020

DRYING RATES WILL BE APPLIED TO WET BUSHELS. for each "other oilseed" Marketing assistance loans for the 2020 barley, canola, crambe, flaxseed, oats, rapeseed, sesame seed, and wheat crops are available through March 31, 2021, and for the 2020 corn, The farmdoc economic cost estimate is set at $0.10 per bushel. Total grain inspections were down 10 percent from the previous week, up 37 percent from last year, and up 34 percent from the 3-year average. Roughly 60 percent of U.S. grain is transported by truck (according to USDAs Agricultural Marketing Service), and well-functioning roadways are essential to sustaining low transportation costs and the competitiveness of U.S. grain. New WOTUS Rule on Hold for More Than Half of U.S. The intent of the survey is to provide producers with additional information to help with their farm management decisions. Plastina, A., A. Johanns and O. Massman. Food grain: At 120.4, the index for February increased 4.8 percent from the previous month and 35 percent from a year ago. PLC and ARC-CO are two choices for receiving commodity title payments. Very low payments would be triggered if prices were just above $8.57. 3.5 cents per point of moisture, per bushel, removed above 24.0%, split on half points. This can be a way to reduce capital demands and cover one of the necessary harvest job tasks without the added labor costs of an additional farm operator. In August, Ceres Solutions Cooperative Inc. announced to its members and customers in Clay County, Indiana, its intent to cease receiving grain effective December 31 at its Brazil and Clay City locations. replacedby_title | Is Replaced By - Title, hastranslation_title | Has Translation - Title, usageconsiderations | Usage Considerations. F. Unlike the farmdoc machinery cost estimates which represent actual economic cost of performing the harvest operation, the custom rate survey reports actual rates expected to be charged or paid in 2020. Rubeck said he made it a point to arrange for his land to be farmed next year by another family farmer, who may be able to pick up more ground yet as a result of this move. The most significant appreciation in the land market in Brazil occurred in areas used for grain production, followed by sugar cane and coffee, according to the S&P Global Commodity Insights report (see Figure 1). But this is just one more problem in whats been a complicated season across the world. "2020 Iowa Farm Custom Rate Survey." Based on the combined fertilizer and fuel cost increases, cash costs increased $0.58 per bushel (from $2.28/bushel to $2.86/bushel) for the dryland corn budget using a 145-bushel yield and $0.66 per bushel, increasing from $2.16/bushel to $2.82/bushel for the irrigated corn budget with a 245-bushel yield. ALL RATES ARE SUBJECT TO CHANGE WITH MARKET CONDITIONS. Harvest decisions may also be dependent on requirements of a landlord or business owner. In general, cash costs per bushel of corn for both dryland and irrigated budgets were projected lower for 2021, primarily due to lower fuel costs, with a dryland corn average cost of $2.34 per bushel and $2.28 per bushel on irrigated corn. %PDF-1.7 % The effective reference price is the maximum of the statutory reference price ($8.40 per bushel for soybeans) and 85% of the five-year Olympic average of MYA prices, lagged one year. WebWHEREAS, on April 14, 2020, due to the increased unemployment rates and continued shelter-in-place Orders, the City Council approved by Resolution extending to May 31, Nafziger, E. "Issues as Harvest Approaches." Going forward, he said more troubles could still be at hand for producers not just in Clay County, but across the country as the cost of inputs are projected to increase for 2022 and perhaps 2023, with no guarantee that crop prices will match these costs. This will affect every farmer in Clay County, he said, pointing out that such concentration leads to longer lines of trucks at fewer elevators farther apart. Costs (total, dollars per bushel, or custom rate equivalent in dollars per mile) can be compared between ]j0IGH#wC.Sr>82:8wN|f%E"a;D"Wt(@=X( \.q5;%z_wloyWb}AE,m/BjE&fRAM.Bv @[o|vwvf^oVku8fj6JPKjU :tP`&j*IUNlJ9&7&d0i[wISndSU{uq^r[nYOa!6F.5afU&Emv]erbxbkDJKN0ry)G-uIY)7Z2?vjvnsU|?J(-I7c!J[r=,cup,x{CE~r+/OZ3$|my7Mw)Gn@XI 7c S] ` c1`^>c ic9t{yQ Theres no way to really blame them for making a business decision based on the numbers, but he feels matter-of-factly that irrespective of the reason, the end result here will be more consolidation and fewer small farmers. For example: Location A is offering $13.80/bu for equivalent allows producers to compare the WebIn Table 5, the 1,000 bushel grain cart is assumed to be used on 1,900 acres. Increasing the ARC-CO coverage level above 86% and/or the payment cap to over the current 10% of benchmark revenue. 0-20 minutes load time @ $.13/bu 21-40 minute load time @ $.14/bu 41-60 minute load time @ $.16/bu. endstream endobj 2886 0 obj <>stream The lack of control of harvest timing may result in added costs such as drying or lower revenue due to yield loss, as discussed previously. farmdoc daily(9):178,Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign,September 24, 2019. When it comes to outsourcing harvest operations, often this is the first choice for a number of reasons. Monticello, IL 61856, 1998-2023 Topflight Grain Cooperative. Litz said hes been having conversations with his ag clients since the announcement was made. Most of the farmers in the 1,500- to 1,800-acre category already truck greater distances depending on prices. The Federal Highway Administration (FHWA) published a notice of proposed rulemaking to give States more flexibility in setting design standards for highway projects. 5 cents a point above 15.0%, Foreign Material 2 cents each point from 3%-5% If this is not occurring, another option may be lower cost. 3 cents a point above 5.0%, Test Weight 1 cent from 53.9 51.0 Unfortunately, input costs rose dramatically this year, too, as inflation soaked the economy. But for producers in eastern Clay, Parke, and Owen counties, the mileage is perhaps double and not always easily traveled. 0.3% of price/point from 2.1 5.0 This was unchanged from the last available rate on December 3. 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The economic cost for combining corn and soybeans is based on ownership of a 470 horsepower combine with a 35-foot grain head and a 12-row corn head used to harvest 1,500 acres of corn and 1,000 acres of soybeans. Guidelines are available here. This In 2018 the extra charge was averaged $0.226 per bushel of grain sorghum for yields greater than 48 bushels per acre. ARC-CO is a revenue program that makes payments when county revenue is below 86% of benchmark revenue. endstream endobj 2887 0 obj <>stream The per-hour charge includes one man, vac-u-lator machine, and fuel. Oats had the lowest percentage of 22% (2 out of nine years). 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The following comparisons are relevant to farms who already own newer harvesting equipment or those who are considering a purchase while aiming to manage costs effectively. These high percentages can be attributed to the fact that PLC made no payments on soybeans since its inception in 2014, and expectations for the marketing year average price to remain well above the reference price at the time of enrollment for both the 2021 and 2022 crop years. 21-30 miles to Comments can be submitted until December 24. Whats Wrong with the Current Waters of the U.S. Rule? Topflight Grains Vision: To become Illinois best cooperative measured in customer satisfaction, volume, storage, revenue, and pride. With many factors that vary by farm and year, it can be difficult to determine the best approach for harvest operations from a cost management standpoint. More beneficial improvements likely come from changes to ARC-CO or the effective reference price mechanism. Schnitkey, G., C. Zulauf, N. Paulson and J. Baltz. For farms in that situation, the cost of retaining that equipment to use as needed is comparatively lower than the economic cost of a newer implement because depreciation and interest make up a large portion of the economic costs. Musty 5 cents/bushel Consider timing and the resulting impacts on costs and revenue that are expected to determine the best fit for the farm. "ARC-IC: Payment Examples and Revised 2019 ARC-IC Payment Calculator." Post Application Coverage Endorsement Tool (Sheet), Balance Sheet & Historical Financial Statements, Briomass Crop Budget Tool Miscanthus & Switchgrass, Illinois Soil Productivity & Yield Utilities, Farmland LEasing Facts Sheets & Pricing Information, Schnitkey, G., N. Paulson, C. Zulauf and J. Baltz. Grain hauling costs vary greatly depending on the distance to the storage location, the type of storage location, and the time it takes to unload, among other factors. If you dont have a big cart and at least 2 combines, I charge $100/hour from the time you tell me to be there, until I get either home or to my next load. Farmers evaluating how costs may be cut in the upcoming year have several options, including reducing cash rents (see discussion in farmdoc daily, August 11, 2020). Improvement in outlook could come from higher prices, above trend yields without lower prices, additional government aid, cuts in costs, or some combination of those. These are record times that were in front of, he said, noting the yields and prices. You can see more of his work athttp://www.boycegroupinc.com/. The problem in ag, he said, is smaller producers continue to lose out and at some point, there might not be any at all. published_date | Publish on this future date. Although total driver compensation declined, bonuses, particularly retention bonuses, increased by over 80 percent because of a driver shortage. The per-hour rate begins at the time the machine leaves for the farm until the vac job is completed. Reasons for requiring PLC for the purchase of SCO are difficult to rationalize. Harvesting before optimal timing can result in additional drying costs and harvesting after optimal timing can result in yield loss as the grain continues to dry and lose moisture. 2 cents/lb below 51.0, Sour 5 cents/bushel Green Damage Department of Crop Sciences, University of Illinois at Urbana-Champaign, September 16, 2017. On a 900 bushel load, that would give me 27 bushel. When breaking down the costs of production, the ISU The University of Illinois farmdoc machinery cost estimates for harvesting include combining, using grain carts, and hauling grain. ARC-IC returned to its more typical 1% enrollment level in 2021 and 2022. As a result, ARC-CO payments occurred in many counties. PLC has provided no payments for soybeans from 2014 through 2022. 2885 0 obj <>stream Although it is likely easier to secure trucking when hauling direct to a market, in some areas custom trucking to a farm bin site is also possible. And farmers may find the optimal order requires switching back and forth between corn and soybeans multiple times. Because of the capital investment needed for harvesting equipment, the decision on how to manage harvest operations will generally be a long-run decision. As shown in Table 2, the economic cost per acre is dependent on acres to harvest and size of combines and heads, a larger combine used on more acres can have the same per acre cost as a smaller combine used on fewer acres. 3.3125%. The other alternative is ARC at the individual farm level (ARC-IC). Are Crop Insurance Net Indemnities and Commodity Program Payments Countercyclical? If kernels lose moisture without changing size or shape to become more dense, yield loss occurs (see Nafziger, October 3, 2003). Webcorn price, at $6.10 per bushel, is up 53 cents from last month and $1.35 from February 2021. Having a combine adequately sized for acres to be harvested is an important consideration when making harvest equipment decisions. Unlike all other major program crops, PLC did not trigger any payments for soybeans from 2014 to 2022, primarily because soybeans has a low statutory reference price relative to other crops. Drought in this area had a large negative impact on yields. The effective reference price is the maximum of the statutory reference price ($8.40 per bushel for soybeans) and 85% of the five-year Olympic average of MYA prices, lagged one year. 2020: In 2020, the MYA average price of $10.80 was above the 2020 ARC-CO benchmark price. A summary of costs for harvest operations from the farmdoc machinery cost estimates is shown in Table 1 next to the corresponding average, median, minimum and maximum custom rates from the Iowa survey responses. The 2019 and 2020 crop years by March 15, 2020, The 2022 crop year by March 15, 2022, and. Storage costs are around $0.03 per bushel per month. Net corn export sales were 1.362 mmt, down 1 percent from the past week. And while interest rates for ag-lending are favorable right now, a sudden drop in crop prices could leave even the bigger farmers in the lurch. This amounts to a six-month commercial rate of from 15 cents (9 + (2 x 3 mo.) Mo@i$JJW$n++*iG*%r`%xKq|A"[[b5aK #r!s01%+ve)?_*CV+K|"g/XJQ'$MSi9tCLaxr j]. Farms completely prevented from planting could receive large ARC-IC payments for the 2019 crop year, information which was known during the signup period (for more detailed discussion, see farmdoc daily, February 4, 2020, and April 18, 2023). Soybean inspections decreased 8 percent from week to week, but inspections of corn increased 18 percent, as shipments to Asia increased significantly. "Cash Rents in 2020 and 2021." In some areas it may be difficult to outsource, either based on availability of a custom operator, timeliness of completing the task, or not aligning properly with how the crops were planted. In a letter sent to Clay City and Brazil grain customers by Ceres Solutions Cooperative CEO Jeffrey Troike dated August 12, producers were informed that: It has been determined that, due to the age and condition of our grain facilities, and also due to declining utilization, Ceres Solutions will no longer receive grain at the Clay City and Brazil locations as of December 31, 2021. A farmer evaluating costs and returns may consider whether to own a combine versus outsourcing the task. There were no non-shuttle bids/offers this week. Each county either has 1) one yield series for All of the crop or 2) two series for non-irrigated and irrigated yields. Inputs are going to be significantly higher next year. WebAlberta custom rates survey : grain harvesting operations. endobj Farmers who own and operate their own machinery for harvest operations are able to make these decisions and select an optimal harvest order and timing. Annually, Iowa State University surveys those who hire and/or perform custom farm services and compiles a report of results. MYA price estimates for 2022 are used as the marketing year is not over. This publication presents a summary of custom work and rental rates. From 2014 to 2019, MYA prices for soybeans were below the ARC-CO benchmark price (see Figure 1). Benchmark revenue equals benchmark price times benchmark yield, where both the benchmark yield and price are based on the five-previous values lagged one year (see farmdoc daily, September 17, 2019). Im hearing a lot of that and Im seeing it, Litz said. Likewise, as grain prices decline the target moisture for harvesting corn decreases. Other grades subject to market conditions, Moisture 1.4% shrink/half percent of moisture from 13.1 15.0% Rubeck harbors no ill will toward the cooperative and said hes always liked their employees. For the week ending December 10, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 3.6 million metric tons (mmt). Meanwhile, the smaller farmers will be facing a much costlier barrier, and what elevators do wind up receiving the grain will see their own costs rise due to longer lines. USDA Releases Report Showing Manures Use By Crop, U.S., Five Other Ag Exporting Countries Say India Is Vastly Underreporting Its Wheat, Rice Subsidies, Ag Credit Tightens with Rising Interest Rates and Following Bank Collapses, Ideas Big and Small: Create a Culture of Creativity on Your Farm, Dust Bowl 2.0? From 2019 to 2022, the average cropland for grain production value increased 128%, from $1,875 to $4,271 per acre. Included for each operation are the number of reports, range, most frequently reported rate and the average rates. Given the close comparison of economic costs to custom rate costs, it likely would not make sense for a farm to hire a custom combine or grain cart if those pieces of machinery are already owned unless the farm plans to make a long run decision to change approach and sell the equipment. ,`~SH"XN WebCost per bushel is useful when producers are comparing marketing alternatives. When combines or grain carts are used on fewer acres than those referenced, the cost of operation rises. The effective reference price is capped at 115% of the statutory reference price or $9.66 for soybeans (8.40 x 1.15 = 9.66). Ive heard more small farmers say theyre not going to continue farming after this year than any other in my 15 years in the ag business, Rubeck said. At $6.50 that would be 175.50 - 60 for fuel. Web2021 Indiana Farm Custom Rates By Michael Langemeier The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm Arguments are being made to increase statutory reference prices. The equipment needed to harvest can be costly to own and operate, particularly when purchased new or relatively new. = 15) to 28 cents (16+ (4x 3 mo.) The farmdoc daily website falls under University of Illinois copyright and intellectual property rights. How the Drought is Washing Out Hopes of Texas Cotton Production This Year, Indias Rice Subsidies Under Fire at WTO by U.S., Thailand, and Others, After Price Shocks, Grain Prices Fall Back to Pre-War Levels, Food Inflation Concerns Persist, 9 Charts to Analyze from the 2023 FAPRI Baseline, Farmland Partners Sells 862-Acre Arkansas Farm, Weekly National Posted Prices for Peanuts, Big Shift in American Farm Policy Farming as a Low-Carbon Energy Producer. <> However, the ability to outsource is dependent on finding a custom operator and getting the work done in optimal timing. 4 0 obj The total cost per bushel of soybeans is projected at $8.72 for non-herbicide-tolerant beans at 56 bpa, according to the report.. As a result, the MYA had to be below the $8.40 statutory reference price for PLC to pay since its inception in 2014 through 2023. The 2018 Farm Bill added the effective reference price (see farmdoc daily, June 29, 2022). Under the 2018 Farm Bill, PLC provides payments when the market year average (MYA) price is below the effective reference price, which can be above the statutory reference price. Unlike other field operations which are typically reported on a per acre basis, grain hauling is generally factored on a per bushel basis. These rates are only intended as a guide. +54A8Xot#Egne7Awj]2l;o g] RA9DY#FK1AL31 jRtd?RO>]6gxqkROYX. The decision to invest in more grain storage units on their own farms is a weighty one. WebHarvesting, Drying, and Hauling Grain (continued) Average Charge Median Charge Range Number of Responses Drying corn (includes fuel, electricity, labor) - continuous flow When compared to other crops, soybeans statutory reference price is low. And then in August, farmers in west central Indiana learned that news that one of the states leading cooperatives was going to cease accepting grain at two locations. The February price for all wheat, at $9.17 per bushel, is 69 cents higher than January and $3.34 higher than February 2021. farmdoc daily(10):20,Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign,February 4, 2020. The goal is to report what is being charged, not what should be charged. Also included are state level 2016 average rates, 2020 rates as a percent of 2016 and historical comparisons back to 1995 for selected operations. Figure 3 shows three maps reporting ARC-CO payments on a per base acre basis. Long-Grain Rice: To trigger in 89% of the years, the statutory reference price would have to be above $13.00, a 50% increase over the current level. A $14 reference price would be 66% higher than the current reference price. All rights reserved. :j|vM;W=&%7A[OE]7n []k For the week ending December 14, the U.S. average diesel fuel price increased 3.3 cents from the previous week to $2.559 per gallon, 48.7 cents below the same week last year. Net soybean export sales were 0.569 mmt, up 40 percent from the previous week. The economic cost of harvesting corn is $37.61 per acre, within $2 per acre of the custom rate average and median. 4,6. Web4.0 cents per point of moisture, per bushel, removed from 19.1 24.0%, split on half points. 9 months prepaid storage is required by the government to seal grain. A yield well below benchmark yields needed to occur before ARC-CO made payments. However, mature soybeans can dry quickly, in a matter of hours, rather than days. Too much for he and four surrounding neighbors he named right off the top of his head, each of whom farm in the 200- to 300-acre range. The streamlining measure will allow States to quickly repair highways and interstates needing immediate attention. This represents a 27-percent decrease in outstanding Typically combining costs are expressed on a per acre basis and run about $30.00 per acre ($0.20/bu @150 bu/acre). From 2019 to 2022, the average cropland for grain production value increased 128%, from $1,875 to $4,271 per acre. Post Application Coverage Endorsement Tool (Sheet), Balance Sheet & Historical Financial Statements, Briomass Crop Budget Tool Miscanthus & Switchgrass, Illinois Soil Productivity & Yield Utilities, Farmland LEasing Facts Sheets & Pricing Information, Swanson, K., G. Schnitkey, N. Paulson, C. Zulauf, J. Coppess ", CFAP Payments to Date and Possible Future Ad Hoc Farm Payments, Department of Agricultural and Consumer Economics, Department of Agricultural, Environmental and Development Economics. Eliminating the requirement to select PLC for acreage to be eligible for the Supplemental Coverage Option (SCO) insurance program also is warranted. Drying charges will be deducted from fall checks, or charged to your account in December, for payment in December 2022, or January 2023. Review size of harvest machinery with acres and bushels harvested to ensure it is in line with farm size and production. When spread over the same acres used to calculate farmdoc economic costs, the total average cost for custom combining is $90,650 (1,500 x $36.70 + 1,000 x $35.60). Based on the Iowa State data, average custom rates for tillage, planting, and harvest operations in 2022 are expected to increase by about 7 percent, compared to the farmdoc daily(4):37,Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign,February 27, 2014. Growers receiving $6.00 per bushel only need to have an 8% harvest loss to pay for drying costs of $0.50 per bushel. The effective reference price is capped at 115% of the statutory reference price or $9.66 for soybeans (8.40 x 1.15 = 9.66). Raising soybeans reference price to this level would have large budgetary impacts for the next Farm Bill. Litz said many of his larger customers are building additional storage operations on their own farms, and this could certainly bring risk depending on the future costs of inputs and market prices. Farm Show 2020, By Brian Boyce Published: December 02, 2021. Custom operators to haul grain are generally available for hire, and at a cost that is the same as the farmers cost of owning and operating. }Q~;O@4miP5BE7ymQwE#w,WH%)Q [C\mi@6V+27[g*@KU2+%xB.>^dfwWkrqr?nefuL Iowa State University custom farming surveys are useful for outsourcing decisions. Schnitkey, G., J. Coppess, N. Paulson, C. Zulauf and K. Swanson. Corn production for 2021 is forecast to exceed 15 billion bushels, with beans at 4.45 billion, and average yields of 176.5 and 51.5 bushels per acre, respectively. As corn price increases the moisture at which it becomes profitable to start harvest increases. A hindrance to choosing ARC-CO is the requirement of being in PLC to purchase the Supplementary Coverage Option (SCO). Recently released crop budgets (farmdoc daily, August 4, 2020) project losses for corn and soybeans on Illinois farms, given current assumptions for 2021. WebFor example, state average custom rates for harvesting corn and soybeans per acre increased to $41.63 and $40.18 from $39.34 and $37.29, respectively, two years ago. Here are some of ags biggest pageants, Timber fumigation plans in rural West Virginia spark backlash. "2014 Farm Bill: The Supplemental Coverage Option." An $8.57 reference price is 6% higher than the current $8.40 statutory reference price. %PDF-1.7 Absolutely, he said. Understanding the difference in the intent of the two reports, and acknowledging some differences in general assumptions (for example, fuel rate of $2.50 versus $2.63 per gallon), explains the potential differences in rates reported from each source. A comparison of the two sets of rates provides a baseline that can be used to evaluate costs of owning equipment and performing harvest operations versus outsourcing. For example, the cost of running a 320 horsepower combine on a 2,000-acre farm is $39.70 per acre for corn, equal to the cost of running a 540 horsepower combine on a 2,400-acre farm. This is subject to change with market conditions. Grain storage was going to be tight, and many producers around the country were already investing in their own grain bins. As a result, PLC has yet to be an effective risk management program for soybeans. For example, if the custom rate for chopping, hauling and storing silage is $10.00/ton, the value of the standing silage to the buyer is reduced to $41.23 - $10.00 = $31.23 per ton, or $624.60 per acre. <>/Metadata 6449 0 R/ViewerPreferences 6450 0 R>> Alternatively, harvesting at moisture levels above 15% can result in added costs for drying. $0.330. Custom rates survey : grain harvesting operations, Grain--Harvesting--Statistics--Periodicals, identifier-ALIS-catno | ALIS catalogue number, identifier-NEOS-catkey | NEOS catalogue key. Details of those three programs are provided in three farmdoc daily articles: ARC-CO (farmdoc daily,September 17, 2019), PLC (farmdoc daily,September 24, 2019), and ARC-IC (farmdoc daily,October 29, 2019). y_|HNL-sGIMm5!JPNJ MF ]&>e\dr|Q4h~4(. And it never helps when a local grain elevator announces its intent to stop receiving grain. Hauling grain from the farm to MRGAs Casselton terminal* 0-20 miles to terminal. Sour 10 cents/bushel A custom harvester is likely to prefer progressing by physical location and crop. I am getting 1/2 penny per bushel per mile. The machinery cost estimates include overhead, fuel, and labor. The local break-even for corn this year was between $4 and $4.75 per bushel, with $10 to $11 for soybeans, depending on size variables, he said. 1 0 obj Website designed and hosted by Kestrel Website Design | Ag Website Design Specialists, Kestrel Website Design | Ag Website Design Specialists. Aside from the higher costs, it may also be difficult to find a custom operator for the grain cart only. "Cost Management: Tillage Operations." Net wheat export sales were 0.617 mmt, up 38 percent from the previous week.

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