September 30, 2021
Research results from Oklahoma State University Extension's custom rates survey provide important, reliable estimates about custom rates in a given area, says Roger Sahs, OSU Extension specialist for enterprise budgets and land values.
Agricultural producers who received the survey are being asked to complete it and return it in the postage-paid Business Reply envelope by Oct. 8.
See, 2021 USDA NASS Cash Rent Report available
“Reported custom rates provide information that is key for negotiations between farmers and custom operators,” Sahs says. “They let producers who hire work done to plan their budgets and those who perform custom work to know the range of what should be charged.”
To maintain confidentiality, a producer’s mailing identification is kept separate from their individual questionnaire. Only totals, averages and other statistical measures are made public, according to a release by OSU.
Results are published annually in OSU Extension Current Report 205, “Oklahoma Farm and Ranch Custom Rates.” The report will be available online and through all OSU Extension county offices beginning January 2022.
The surveys are conducted by OSU Extension in cooperation with the Oklahoma Field Office of the U.S. Department of Agriculture’s National Agricultural Statistics Service.
“Be aware it’s not unusual for NASS to follow up and call individuals who received a survey but did not respond,” Sahs says. “The information really is that important.”
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