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Publication 60—Oats

Author: John Molenhuis - Business Analysis and Cost of Production Program Lead/OMAFRA
Creation Date: 11 December 2008
Last Reviewed: 09 April 2009

Oats

Operating Expenses
(costs based on projected yield of 1.2 tonne/ac (78 bu/ac))
 Sample Costs/Acre Your Farm Budget
Seed - 85 lb/acre certified treated
29.00
  
Fertilizer - 35 kg/ha N (Southern Ontario)
32.55
  
Fertilizer - 55 kg/ha N (Northern Ontario)
50.40
  
Fertilizer - 20 kg/ha P
14.60
  
Fertilizer - 20 kg/ha K
12.95
  
Herbicide - weed control, if required
6.85
  
Fungicide (for premium quality market)
15.45
  
Tractor and Machine Expenses - Fuel (12 L and lubricants)
11.50
  
Tractor and Machine Expenses - Repairs and maintenance
16.15
  
Crop insurance
6.25
  
Custom work (fertilizer application, mixing & delivery)
9.05
  
Custom work (2 pesticide applications)
18.05
  
Custom work (other)
 
  
Trucking ($7.00/tonne)
8.50
  
Storage
 
  
Land rent
 
  
Operator labour (self or hired)
9.60
  
Interest on operating
4.05
  
Total Operating Expenses - Grain
175.95
  

Expenses for Straw Sample Costs/Acre Your Farm Budget
Tractor and Machine Expenses - Fuel
2.65
  
Tractor and Machine Expenses - Repairs and maintenance
3.25
  
Twine
2.75
  
Other
10.50
  
Total Operating Expenses - Straw
19.15
  
Total Operating Expenses
195.10
  

Revenue Your Farm Budget
Expected oat yield _______________
 
Expected oat price _______________
 
Total Market Revenue (Yield x Price)
 
Program Payment
 
Total Oats Revenue
  
Expected straw yield _______________
  
Expected straw price _______________
  
Total Straw Revenue (Yield x Price)
  
Total Revenue
  
Gross Margin (Revenue - Operating Expenses)
  

Overhead Expenses Sample Costs/Acre Your Farm Budget
Oats Only Oats & Straw
Machinery - Depreciation
26.30
30.30
  
Machinery - Interest on investment
19.10
22.60
  
Land
 
 
  
Other overhead
4.35
5.35
  
Total Expenses
225.70
253.35
  
Breakeven price on your farm is: (total expenses/expected yield)
  

 

2009 Crop Comparison Summary Table for Selected Field Crops ($/acre)*

| Alfalfa-Timothy Hay | Barley | Spring Canola | Winter Canola |

| Coloured Beans | Grain Corn | Grain Corn - Genetically Enhanced Hybrids |

| Silage Corn | Flax | Oats |

| Organic - Grain Corn and Soybeans | Organic - Winter Wheat and Spelt | Organic - Barley and Oats |

| Soybeans | Soft Winter Wheat | Hard Red Winter Wheat |

| Hard Red Spring Wheat | White/Black Beans |

| Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) Resources |

| Related Links |

For more information:
Toll Free: 1-877-424-1300
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E-mail: ag.info.omafra@ontario.ca