Spring Canola
Cost-Return Budget (assumes canola is sold to local birdseed wholesaler)
Estimated Returns per Acre
	Estimated Yield/Acre (lbs.)					1,800
	Price (per pound)					$ 0.120
	LDP (per pound)*					$ 0.035
	Cleaning & freight cost (per pound)					$ 0.035
	Net price (per pound)					$ 0.120
Estimated Total Returns/Acre						$ 216.00
Estimated Operating Costs/Acre
	Seed					$ 20.00
	Fertilizer					$ 52.20
	Crop Chemicals
	Machinery fuel, oil, repair					$ 15.22
	Machinery hire and services					$ 3.50
	Labor					$ 19.10
	Misc.					$ 4.00
	Operating interest (9% for 6 months)					$ 5.13
	Total Operating Costs/Acre					$ 119.15
Estimated Ownership Cost/Acre
	Machinery depreciation					$ 19.00
	Real estate taxes, depreciation, and interest (or rent)					$ 80.00
	Total Ownership Costs/Acre					$ 99.00
Estimated Total Costs/Acre						$ 218.15
Estimated Production Costs/Acre Excluding Land Charges						$ 138.15
Net Return over Operating and Machinery Costs,						$ 77.85
Excluding Land Charges (per acre)
* LDP is estimated. Actual LDP is based on the county where the crop is stored.
Note: Fertilizer costs were based on 23¢ per pound nitrogen (prior to recent price increases)