Overview

Choosing what crops or livestock to produce is an essential decision of any farm business. One critical factor in making that decision is the cost of producing the enterprises being considered.

This is known as enterprise budgeting or cost of production budgeting. Enterprises are a single crop or livestock commodity that produces a marketable product. Cost of production (COP) budgeting consists of estimating the costs associated with an enterprise and the expected revenue.

Production economics

Establishment and production cost reports

Crops and livestock budgeting

We are aware of a cyber security vulnerability affecting organizations around the world. As a precaution, some online services may be temporarily unavailable. We are working to restore services as quickly as possible. In the meantime, the following budget calculators are currently available by request. If you would like to receive a copy, please email ag.info.omafa@ontario.ca with the commodity you are interested in.

  • Annual crop budget blank
  • Perennial crop budget blank

Field crops

  • Field crop budgets summary
  • Timothy-Alfalfa hay
  • Premium market hay
  • Sorgham-Sudangrass — ensiled
  • Fall rye
  • Oats and peas
  • Feed barley
  • Malting barley
  • Winter barley
  • Spring canola — herbicide tolerant
  • Coloured beans
  • Grain corn
  • Grain corn — Non GMO
  • Grain corn — no-till
  • Silage corn
  • Oats
  • Soybeans
  • Soybeans — no-till
  • Soybeans — Roundup Ready
  • Soft winter wheat
  • Soft winter wheat — no-till
  • Switchgrass — direct seeded
  • Switchgrass — direct seeded no-till
  • Hard red winter wheat
  • Hard red winter wheat — no-till
  • Hard red spring wheat
  • White bean
  • Winter canola-hybrid

Berry crops

  • Matted row strawberry
  • Day neutral strawberry
  • Raspberry
  • Blueberry

Organic crops

  • Organic corn
  • Organic barley
  • Organic oats
  • Organic spelt
  • Organic soybeans
  • Organic wheat

Specialty crops

  • Ginseng
  • Flax
  • Hemp
  • Mustard

Grapes

  • Cabarnet
  • Chardonnay
  • Concord
  • Vidal

Livestock

  • Beef cow calf
  • Beef feedlot
    • Calf to finish
    • Shortkeep to finish
    • Background
  • Dairy
  • Dairy goat
  • Veal
  • Sheep
    • Annual ewe flock
    • Accelerated ewe flock
    • Lamb finishing
  • Swine
    • Farrow-to-feeder
    • Farrow-to-finish
    • Farrow-to-wean
    • Grower finisher
    • Nursery
    • Wean-to-finish

Tree fruit and nut

  • High density apples
  • Medium density apples
  • Apricot
  • European blue plum
  • Fresh market peach
  • Fresh market standard pear
  • Fresh market high density pear
  • Japanese yellow plum
  • Nectarine
  • Sour cherry
  • Hazelnut

Vegetables

  • Sweet corn — machine harvested
  • Sweet corn — hand harvested
  • Bell pepper