This article by William Edwards, an economist (retired) with Iowa State University Extension and Outreach, details custom farming as an alternative to traiditional leasing.
In typical arrangements, the custom operator agrees to perform all the machine operations on the owner’s land in exchange for a set fee or rate. The landowner pays for all seed, chemicals, and other inputs, and keeps all of the crop and commodity payments.
Read the full article on Iowa State University's Ag Decision Maker.FULL ARTICLE
Nebraska Custom Rates Report
The biannual survey of agricultural custom operators is conducted in Nebraska every two years. The report reflects the current rates charged by custom operators for machine hire services and other work they provide for neighboring farms and ranches or as part of a business enterprise that covers a broader area.CUSTOM RATES PAGE