The USDA's National Agricultural Statistics Service (NASS) will release new Pennsylvania custom rates report in December, reflecting the major changes in the world over the last seven years, including the pandemic, rising inflation, supply chain issues, and soaring equipment prices.
The cost of custom services is likely to be significantly higher than in 2016, when the price to mow hay was $15.70 an acre and $42.30 an hour to rent a 100-horsepower tractor.
The new survey is more comprehensive than the 2016 report, taking into account not only the traditional planting and harvesting rates, but also livestock services and hauling.
Approximately 4,000 farmers and agribusinesses will be surveyed for the new report. Data collection began with a postcard mailer in mid-August to encourage participants to complete the survey online. A follow-up questionnaire will be mailed, and then telephone interviews will be conducted at the end of September for those who have yet to respond.
The survey is being conducted in partnership with, and funded by, the Pennsylvania Department of Agriculture. The cost of conducting the survey is negotiated by senior management and is considered confidential.
NASS will work with the state ag department as often as a new report is requested and resources allow.
The new custom rates report is expected to be popular with farmers, as it will provide them with valuable information about the current costs of hiring custom services.
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Categories: Pennsylvania, Government & Policy