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The following crop budgets are intended to serve as guides
to estimate the income and costs for various crops using organic
farming practices. The figures provide an estimate of variable
expenses and fixed expenses including depreciation and investment
cost for machinery, buildings and land. Grain prices and yields
are based on a survey of organic farmers conducted in 2004.
On each farm, costs and yields differ due to soil type, climatic
conditions and agronomic practices. Farm managers should determine
their own costs, yields and expected commodity prices and
adjust or change the assumptions listed on the back of these
publications.
Note: These estimates do not represent provincial average
cost of production and revenue figures. They are based on
existing yields and premiums obtained by experienced organic
farmers and marketers and do not incorporate the 3-year transition
period where organic yields are typically low and crops are
sold at conventional prices. In this regard, a switch to organic
farming should be considered a long-term investment, and producers
are advised to exercise caution when calculating expected
returns.
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