A brand new report from the College of Nebraska-Lincoln’s Middle for Agricultural Profitability options present charges for customized companies associated to livestock manufacturing in Nebraska. It displays the outcomes of a statewide survey that was circulated in early 2023 to those that both present or pay for customized work associated to livestock.
The survey report is split into sections primarily based on the kinds of work, which embody frequent customized livestock companies, customized feed preparation and supply fees, customized land/pasture upkeep companies, fencing and trenching, livestock hauling, haying and baling, tools rental and manure hauling and utility.
The report lists the variety of reported responses for every service, the typical reported fee and a spread that displays the minimal and most charges reported. Charges embody fees for using needed tools, gasoline, labor and provides offered by the customized operator.
This 12 months marks the primary publication of the report, which is a companion to the biennial Nebraska Farm Customized Charges Survey Report that options extra detailed details about customized service charges associated to cropping operations and is usually printed in even-numbered years.
Glennis McClure, a Nebraska Extension educator and farm and ranch administration analyst, leads the survey and publication efforts for each studies.
“Whereas the long-running biennial customized charges report incorporates some data associated to livestock companies, we’ve identified for a while that there was demand from livestock operators and repair suppliers for extra detailed customized fee data,” she mentioned.
McClure famous that data reported in each publications is meant as a information when calculating what to cost or pay for customized operations and that precise charges might differ from these listed within the survey as a result of variations within the operators responding and people offering companies throughout the state.
The livestock-related survey report offers charges for 53 customized companies, primarily based on 91 surveys accomplished by customized operators and shoppers throughout the state. Responses had been acquired from all eight of the state’s USDA-designated Agricultural Statistics Districts and solely companies that acquired not less than three responses are printed within the report.
“We all know that the biennial customized charges report is a really extensively used publication within the state, so our hope is to proceed rising participation within the survey for livestock-related companies, to have the ability to supply the newest and most correct data doable,” McClure mentioned.
Nebraska customized charges studies can be found on the Middle for Agricultural Profitability’s website. A webinar overlaying the brand new livestock-related report will likely be held at midday Central time on Aug. 3.