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Publication 60—Hard Red Winter Wheat

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

Hard Red Winter Wheat

Operating Expenses
(costs based on projected yield of 2.1 tonne/ac (76 bu/ac))		 Tillage System Your Farm Budget
Conventional
Sample Costs/Acre 		No-Till
Sample Costs/Acre
Seed - 140 lb/acre certified treated (1.4-17 M seeds/acre)
53.95
53.95
  
Fertilizer - 110 kg/ha N
100.45
100.45
  
Fertilizer - 20 kg/ha P
14.60
14.60
  
Fertilizer - 20 kg/ha K
12.95
12.95
  
Herbicide - broadleaf weeds
7.45
7.45
  
Herbicide - other weed control, if required
     
Fungicide
     
Tractor and Machine Expenses - Fuel (12 L conv., 9 L no till) and lubricants
11.50
8.70
  
Tractor and Machine Expenses - Repairs and Maintenance
16.15
10.90
  
Crop insurance
13.60
13.60
  
Marketing board fee ($2.00/tonne)
4.20
4.20
  
Custom work (fertilizer application, mixing & delivery)
9.05
9.05
  
Custom work (pesticide application)
9.00
9.00
  
Added expense for IP
 
 
  
Trucking ($7.05/tonne)
14.85
14.85
  
Land rent
 
 
  
Operator labour (self or hired)
9.60
5.75
  
Interest on operating
11.50
11.00
  
Total Operating Expenses - Grain
288.85
276.45
  

Expenses for Straw Tillage System Your Farm Budget
Conventional
Sample Costs/Acre 		No-Till
Sample Costs/Acre
Tractor and Machine Expenses - Fuel (3 L) and lubricants
2.65
2.65
  
Tractor and Machine Expenses - Repairs and maintenance
3.25
3.25
  
Twine
2.75
2.75
  
Other
10.50
10.50
  
Total Operating Expenses - Straw
19.15
19.15
  
Total Operating Expenses
308.00
295.62
  

Revenue Your Farm Budget
Expected wheat yield _______________
  
Expected wheat price _______________
  
Total Market Revenue (Yield x Price)
 
Additional income from IP
 
Program payment
 
Total Wheat Revenue
 
Expected straw yield
  
Expected straw price
  
Total Straw Revenue (Yield x Price)
  
Total Revenue
  
Gross Margin (Revenue - Operating Expenses)
  

Overhead Expenses Tillage System Your Farm Budget
Conventional No-Till
Wheat Only Wheat & Straw Wheat Only Wheat & Straw
Machinery - Depreciation
26.30
30.30
16.00
20.00
  
Machinery - Interest on investment
19.10
22.60
11.60
15.10
  
Land
 
 
 
 
  
Other overhead
4.35
5.35
3.00
4.00
  
Total Expenses
338.60
366.25
307.05
334.70
  
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
Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca