Agricultural Economics Department

 

Date of this Version

January 2008

Comments

Published in Cornhusker Economics, 01/23/2008. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

A survey of custom rates is conducted every two years to determine the current rates charged for specific field and other machinery operations. The two parts of the 2006 survey were conducted in the January to May period in 2006. We appreciate the cooperation of the respondents who share their information on the rates they charge. This information is widely used. We are always a little leery about the process. Is the information we collect representative of what is being charged? And the big question: Are we reporting the rates charged or setting the rates? That is a risk, but our philosophy has been that it is always valuable to have as much information available for business decisions as possible.