Publication 60—Oats

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Publication 60—Oats

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	35.55
Fertilizer - 35 kg/ha N (Southern Ontario)	21.85
Fertilizer - 55 kg/ha N (Northern Ontario)	33.80
Fertilizer - 20 kg/ha P	9.65
Fertilizer - 20 kg/ha K	9.40
Herbicide - weed control, if required	6.60
Fungicide (for premium quality market)	16.40
Tractor and Machine Expenses - Fuel (17 L and lubricants)	19.75
Tractor and Machine Expenses - Repairs and maintenance	15.55
Crop insurance	6.70
Custom work (fertilizer application, mixing & delivery)	10.20
Custom work (2 pesticide applications)	20.40
Trucking ($8.35/tonne)	10.05
Storage
Land rent
Operator labour (self or hired)	12.45
Interest on operating	3.40
Total Operating Expenses - Grain (Southern Ontario)	197.95
Total Operating Expenses - Grain (Northern Ontario)	209.90

Expenses for Straw	Sample Costs/Acre	Your Farm Budget
Tractor and Machine Expenses - Fuel	4.00
Tractor and Machine Expenses - Repairs and maintenance	3.25
Twine	2.80
Other	11.55
Total Operating Expenses - Straw	21.60
Total Operating Expenses - (Southern Ontario)	219.55
Total Operating Expenses - (Northern Ontario)	231.50

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
Overhead Expenses	Oats Only	Oats & Straw	Your Farm Budget
Machinery - Depreciation	29.05	33.20
Machinery - Interest on investment	14.45	16.45
Land
Other overhead	11.25	12.30
Total Expenses - (Southern Ontario)	252.70	281.50
Total Expenses - (Northern Ontario)	264.65	293.45
Breakeven price on your farm is: (total expenses/expected yield)

| Introduction |2013 Field Crop Budgets |
|2013 Crop Comparison Summary Table for Selected Field Crops ($/acre)* |
| Alfalfa-Timothy Hay | Barley | Spring Canola | Winter Canola |
|Coloured Beans | Grain Corn | Silage Corn | Flax | Oats |
| Soybeans | Soft Winter Wheat | Hard Red Winter Wheat |
| Hard Red Spring Wheat | White/Black Beans | Organic - Grain Corn and Soybeans |
| Organic - Winter Wheat and Spelt | Organic - Barley and Oats |
| Resources | Application Rate Conversion |

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:	12 December 2012