Farm Operating Expenses

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Farm Operating Expenses and Depreciation Charges, 2003-2007 ($'000)

Author:	Bill McGee - Coordinator, Statistics Section/OMAFRA
Last Reviewed:	30 May 2008

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Gross Operating Expenses	2003	2004	2005	2006	2007
Property taxes^a	98,391	101,048	105,797	107,278	110,818
Cash rent	250,820	255,836	275,024	284,650	296,036
Share rent	76,995	86,234	73,299	76,231	77,756
Cash wages & Room and board	1,240,904	1,242,145	1,279,409	1,336,983	1,363,722
Interest^b	535,406	525,303	541,556	623,005	690,913
Repairs to buildings^a& fences	194,413	194,997	205,527	211,692	213,809
Electricity	197,865	199,844	215,832	229,213	227,609
Telephone	62,411	64,907	67,503	70,136	71,749
Heating fuel	211,119	201,619	212,909	234,200	210,780
Machinery fuel	278,483	310,508	363,295	385,092	403,192
Machinery repairs and other	439,320	450,742	459,757	470,791	483,973
Business insurance	192,300	206,146	210,063	213,424	219,400
Custom work	192,803	202,443	198,394	214,266	226,050
Stabilization premiums	--	--	--	--	--
Crop & hail insurance	61,232	53,531	43,631	41,699	52,507
Fertilizer & lime	434,892	425,759	451,305	473,870	519,362
Pesticides	274,830	285,823	297,256	297,256	307,065
Commercial seed	387,366	397,050	401,021	405,031	431,358
Twine, wire and containers	176,729	182,030	189,134	202,373	203,992
Commercial feed	1,185,445	1,209,154	1,064,055	999,148	1,272,914
Livestock & poultry purchases	264,438	210,588	266,238	265,283	152,898
Artificial insemination & Veterinary fees	181,491	183,306	190,638	196,357	200,677
Legal and accounting fees	200,437	199,491	203,481	208,568	214,616
Other	158,221	157,746	168,789	168,620	169,126
Total gross operating expenses	7,296,311	7,346,250	7,483,913	7,715,166	8,120,322
Property tax rebates	--	--	--	--	--
Cash wages rebates	2,624	2,624	2,624	2,624	2,703
Electricity rebates	--	--	--	--	--
Interest rebates	--	--	--	--	--
Machinery fuel rebates	3,001	2,514	2,816	2,099	2,438
Artificial insemination & Veterinary fees rebates	--	--	--	--	--
Total rebates	5,625	5,138	5,440	4,723	5,141
Operating expenses after rebates	7,290,686	7,341,112	7,478,473	7,710,443	8,115,181
Depreciation on buildings	367,331	377,157	383,679	392,426	400,649
Depreciation on machinery	735,553	702,403	727,928	725,162	722,992
Total depreciation	1,102,884	1,079,560	1,111,607	1,117,588	1,123,641
Total expenses before rebates	8,399,195	8,425,810	8,595,520	8,832,754	9,243,963
Total rebates	5,625	5,138	5,440	4,723	5,141
Total expenses after rebates	8,393,570	8,420,672	8,590,080	8,828,031	9,238,822

^a Owned land and buildings only.
^b Mortgage payments on owned land and buildings, together with interest payments on all other farm business debts.

Last revised: 30 May, 2008

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Statistics Canada, Catalogue No. 21-012.

For more information:
E-mail: stats.omafra@ontario.ca