Sample Budgets

Examining the sample cost of production budgets for conventional and organic production can be another useful tool to assess an opportunity and benchmark your operation. It should be noted that these budgets should only be used as part of your analysis. Each farm is different and yours is no exception. It is critical to understand your own local costs (such as labour) and market dynamics.

The following websites can provide a number of examples of sample budgets. Information from Canadian sources is provided here. Additional relevant budget information can also be linked from the different Transition spreadsheets. [INCLUDE LINK to section]

Canadian Farm Business Management Council
Farm Budget Database

OTA’s How to Go Organic
Economics

BC Ministry of Agriculture and Lands
Planning for Profit Series
The budgets include a projection of costs and returns for individual farm operations, discussion of risk, success factors, cash flow, budget, net income, capital replacement and labour costs. Organic products include dairy, free-range eggs potatoes, oats, spelt, apples, mixed vegetables and mixed herbs.

Statistics Canada Vista
Organic Fruit & Vegetable Production: Is It For You?
Website includes gross return per acre data on selected crops.

Statistics Canada Vista
Organic fruit and vegetable production: Do farmers get a premium price?