Winter Canola
Cost-Return Budget
Estimated Returns per Acre
	Estimated Yield/Acre (lbs.)					2,000
	Price (per pound)					$ 0.075
	LDP (per pound)*					$ 0.035
	Freight cost (per pound)					$ 0.020
	Net price (per pound)					$ 0.090
Estimated Total Returns/Acre						$ 180.000
Estimated Operating Costs/Acre
	Seed					$ 15.00
	Fertilizer					$ 40.00
	Crop Chemicals					$ 10.00
	Machinery fuel, oil, repair					$ 15.00
	Machinery hire and services					$ 4.00
	Labor					$ 21.00
	Misc.					$ 5.00
	Operating interest (9% for 6 months)					$ 4.95
	Total Operating Costs/Acre					$ 114.95
Estimated Ownership Cost/Acre
	Machinery depreciation					$ 29.00
	Real estate taxes, depreciation, and interest (or rent)					$ 80.00
	Total Ownership Costs/Acre					$ 109.00
Estimated Total Costs/Acre						$ 223.95
Estimated Production Costs/Acre Excluding Land Charges						$ 143.95
Net Return over Operating and Machinery Costs,						$ 36.05
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)