Publication 60 - 2012 Crop Comparison Summary Table for Selected Field Crops ($/acre)*

2012 Crop Comparison Summary Table for Selected Field Crops ($/acre)*

 

Corn Convent-
ional Tillage

 Herbicide e-Tolerant Spring Canola Non GMO Soybeans No Till Roundup Ready® Soybeans No Till
Seed
103.60
58.90
44.35
77.35
Fertilizer
123.85
91.25
28.45
28.45
Pesticides
13.05
11.50
43.65
13.50
Total Inputs
240.50
161.65
116.45
119.30
Tillage
49.75
43.80
 
 
Planting
19.90
19.00
24.00
24.00
Spraying
10.20
10.20
20.40
20.40
Fertilizing
10.20
10.20
10.20
10.20
Harvesting & Trucking
76.90
50.30
50.10
50.05
Total Machinery
166.95
133.50

104.70
104.65
Drying
75.20
 
12.15
12.15
Crop Insurance
13.45
15.25
11.25
11.25
Interest @ 4.0%
9.55
5.15
4.40
4.45
Marketing & Other
32.95
3.65
10.70
10.70
Total Costs
538.60
319.20
259.65
262.50
Yield
       
Price
       

Gross
Return

        
Net Margin /Acre
        
Less: Land Cost/Rent
       
Less: Utilities/ Acct/Misc.
       
Net Return /Acre
       

  Coloured Beans White/
Black Beans		 Soft Winter Wheat No Till Oats (Southern Ontario)

Hard
Red Spring Wheat
Seed
108.00
70.00
47.15
32.30
55.70
Fertilizer
28.45
28.45
80.85
39.30
74.20
Pesticides
101.00
101.00
23.00
23.00
23.00
Total Inputs
237.45
199.45
151.00
94.60
152.90
Tillage
73.10
49.65
 
43.80
43.80
Planting
20.00
25.00
24.00
19.00
19.00
Spraying
30.55
40.75
20.40
20.40
20.40
Fertilizing
10.20
10.20
10.20
10.20
10.20
Harvesting & Trucking
90.95
58.60
57.05
49.55
50.30
Total Machinery
224.80
184.20
111.65
142.95
143.70
Drying
 
 
 
 
 
Crop Insurance
27.90
19.10
12.20
5.95
9.90
Interest @ 4.0%
7.60
7.25
8.05
3.25
5.10
Marketing & Other
4.30
6.90
4.20
 
2.60
Total Costs
502.05
416.90
287.10
246.75
314.20
Yield
         
Price
         

Gross
Return

          
Net Margin /Acre
          
Less: Land Cost/Rent
         
Less: Utilities/ Acct/Misc.
         
Net Return /Acre
         

* The crop comparison summary table is derived from the individual budgets in the publication. Some expense items have been combined in the summary table.

For the break-out of the individual expenses, refer to the respective budget in the publication.


For more information:
Toll Free: 1-877-424-1300
Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca
Author: John Molenhuis - Business Analysis and Cost of Production Program Lead/OMAFRA
Creation Date: 14 December 2010
Last Reviewed: 23 February 2012