Having solid data and helpful resources is important for any business owner – but this information is critical for farmers looking to diversify and adjust to meet the unique challenges that face the agricultural industry. Regionally specific, and up-to-date, information is necessary to make informed decisions.
The survey collects information on average rental rates for facilities and land, as well as ranges of custom service fees for things like hay harvesting activities, equipment use, and custom labor. All this information is collected anonymously and will be compiled to provide regional averages for areas across New York State. This will create a better understanding and starting point for farm owners to improve their negotiations and farm sustainability.
Project Leader, Katelyn Walley, is the Farm Business Management Specialist with Cornell Cooperative Extension’s Southwest New York Dairy, Livestock, and Field Crops Program. For her, this information will provide a helpful starting point for farms looking to make informed decisions. “I’m working with a lot of farms right now who are struggling to make ends meet. Sometimes,” says Walley, “the conversation gets to a point where we’re looking at ways to save money, be more efficient, or possibly change what we’re producing or managing”. Walley states that, “The data from this survey will help farms decide what works best for them and what their options might be to continue forward”.
Farm owners, land owners, and agribusiness specialists are encouraged to fill out the anonymous survey by visiting: https://farmbusiness.cornell.edu/cashrates/. For folks who need a paper copy, call Katelyn (716-640-0522) or Nicole (315-867-6001) to have one mailed for your convenience.
This project is funded through a grant from New York Farm Viability Institute: https://nyfvi.org/.
For more information about Cornell Cooperative Extension, contact your county’s Association Executive Director. Allegany County – Laura Hunsberger, lkh47@cornell.edu or 585-268-7644. Cattaraugus County – Kelly McDonald, kmm525@cornell.edu or 716-699-2377. Chautauqua County – Emily Reynolds, eck47@cornell.edu or 716-664-9502. Erie County – Diane Held, dbh24@cornell.eduor 716-652-5400. Steuben County – Tess McKinley, tsm223@cornell.edu, or 607-664-2301.


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