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2016 Custom farming agreements: Rates advantages and agreement basics

2016-04-27 01:09:00| Corn & Soybean Digest

Although the concept of a custom farming agreement is simple, close communication between the custom operator and the landowner is essential. A written contract for the custom farming agreement should definitely be prepared. Focus on Ag read more

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Custom farming agreement rates, benefits, considerations

2015-06-02 22:27:00| Corn & Soybean Digest

An alternative to leasing farmland is a Custom Farming Agreement. In a typical custom farming agreement, the custom operator agrees to perform all the machine operations on the owners land in exchange for a set fee or rate. The landowner pays for all seed, fertilizer, chemicals, crop insurance and other input costs; receives the all grain produced and all eligible farm program payments on the land; and is responsible to store and market the grain. Focus on Ag read more

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Custom farming rates increase for 2015

2015-03-31 22:14:00| Corn & Soybean Digest

As has been the trend in recent years, average 2015 custom rates for farm work are likely to show a small increase, compared to 2015 custom rates. Most custom rates for tillage, planting, and harvest operations in 2015 are listed at 2-5% above the rates for similar operations in 2014, with an average increase of about 3.5%. Focus on Ag read more

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2014 Custom farming agreements

2014-05-27 21:39:00| Corn & Soybean Digest

Although the concept of a custom farming agreement is simple, close communication between the custom operator and the landowner is essential. A written contract for the custom farming agreement should definitely be prepared that specifies the amount of payment by the landowner to the custom operator, and all other pertinent details. Focus on Ag read more

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