Custer County Rental Rates 2015 2016 - Nebraska Extension

February 19, 2016

The results of the 2015 survey and the 2016 survey (different producers were surveyed each year) are below. I have given the average rental rate and the range. Keep in mind that the values on the edges of the range may have special circumstances. No two operations or rental agreements are exactly the same. Rents should not be based upon surveys, but surveys can provide a starting point. To the best of my knowledge and of those surveyed, these are typical of Custer County. This is especially true when the ranges are considered. On the pasture rent, the renters generally take care of the cattle with some owner involvement on fences and thistles. If the landowner is more involved in the care, the rents are above the average.

Troy M. Walz Extension Educator, University of Nebraska?Lincoln

Custer County Rental Rates

Gravity Irrigated Cropland ($/acre) Center Pivot Irrigated Cropland ($/acre) Are the Crop residues included in the rental? Tenant-owned power unit adjustment ($/acre) Tenant-owned pivot adjustment ($/acre) Pasture Land rental rates:

Cow/calf ($/month) Yearling ($/month) $/acre (hard ground) $/acre (sand) Dryland cropland ($/acre) Dryland alfalfa ($/acre) Irrigated Alfalfa ($/acre) Cornstalks ($/acre) Cornstalks (Head/Day) Who fences the cornstalks? (% of those surveyed)

2015

Average

Range

$210.43

$100 - $380

$242.42

$150 - $500

82% Yes 18% No

$17.86

$10 - $25

$29.00

$15 - $70

2016

Average Range $220.00 $140 - $300 $232.40 $135 - $300 70% Yes 30% No $10.00 $10 $25.00 $10- $40

$57.37

$30 - $100

$39.14

$25 - $67.50

$38.07

$20- $90

$29.00

$20 - $40

$82.00

$30 - $150

$77.14

$30 - $150

$185.45

$100 - $310

$17.31

$6 - $30

$0.58

$0.35 -$1.30

Renter

67%

Landowner 27%

Both

6%

$54.69 $25 - $82.50

$33.17 $25 - $40.00

$35.68 $18- $58

$19.33 $10 - $30

$80.95 $45 - $125

$80.00 $50 - $125

$202.00 $140 - $250

$14.19 $5 - $33

$0.54

$0.35 - $1.00

Renter

67%

Landowner 31%

Both

2%

Frequency

Frequency

2016 Custer County Rental Rates

Graphs showing the frequency of a particular rental rate

Gravity Irrigated

3.5 3

2.5 2

1.5 1

0.5 0

140 165 175 180 190 195 200 220 230 235 240 250 280 300

Rent -$/acre

Frequency

Pivot Irrigated

7 6 5 4 3 2 1 0

135 170 180 200 225 230 250 260 275 280 300

Rent -$/acre

Dryland Cropland

5 4 3 2 1 0

45 60 65 70 75 80 90 100 110 125 Rent - $/acre

Frequency

Dryland Alfalfa

3

2

1

0 50 60 65 70 75 80 85 110 125 Rent - $/acre

Irrigated Alfalfa

3

2

1

0

140

230

250

Rent - $/acre

Cow/Calf Pasture

14 12 10

8 6 4 2 0

Rent - $/month

Frequency 25 30 35 40 44 45 48 50 52.5 55 60 62 62.1 63 65 70 72 80 82.5

Frequency

Frequency

Hard Pasture

4 3 2 1 0

18 22 23 25 30 32 34 35 40 45 50 56 58 Rent-$/acre

Frequency

Sandy Pasture

2

1

0 10 14 18 20 24 30 Rent - $/acre

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