Farm Operating Expenses

In This Section

Topics

Farm Operating Expenses and Depreciation Charges, 2004-2008 ($'000)

Author:	Bill McGee - Coordinator, Statistics Section/OMAFRA
Last Reviewed:	28 May 2009

Gross Operating Expenses	2004	2005	2006	2007	2008
Property taxes^a	101,048	105,797	107,278	110,175	113,480
Cash rent	252,164	270,099	279,553	307,508	322,883
Share rent	50,956	36,346	40,526	42,147	61,829
Cash wages & Room and board	1,233,988	1,269,812	1,326,954	1,353,493	1,394,098
Interest^b	524,339	541,486	612,779	696,075	667,136
Repairs to buildings^a& fences	198,067	209,580	215,867	222,343	220,120
Electricity	202,219	219,043	232,623	251,233	245,455
Telephone	62,425	64,292	66,800	71,476	75,407
Heating fuel	203,916	215,946	237,540	237,065	270,254
Machinery fuel	314,782	369,556	391,729	415,233	524,854
Machinery repairs and other	443,415	450,434	461,244	484,306	498,835
Business insurance	206,146	210,063	213,424	217,906	222,700
Custom work	205,705	202,399	218,591	222,962	238,124
Stabilization premiums	--	--	--	--	--
Crop & hail insurance	53,531	43,631	41,699	52,507	55,813
Fertilizer & lime	417,051	439,797	457,389	525,997	830,550
Pesticides	274,820	287,267	286,692	306,760	313,509
Commercial seed	390,318	392,539	396,465	432,146	466,718
Twine, wire and containers	184,695	192,601	206,084	207,732	220,404
Commercial feed	1,159,290	1,009,490	947,911	1,099,577	1,223,829
Livestock & poultry purchases	217,889	288,633	278,658	210,288	200,427
Artificial insemination & Veterinary fees	175,358	180,362	185,773	193,204	198,420
Legal and accounting fees	199,491	209,466	214,248	220,461	228,177
Other	157,746	177,979	177,801	185,802	190,447
Total gross operating expenses	7,229,359	7,386,618	7,597,628	8,066,396	8,783,469
Property tax rebates	--	--	--	--	--
Cash wages rebates	2,624	2,624	2,624	2,703	2,865
Electricity rebates	--	--	--	--	--
Interest rebates	--	--	--	--	--
Machinery fuel rebates	2,514	2,816	2,099	1,991	2,330
Artificial insemination & Veterinary fees rebates	--	--	--	--	--
Total rebates	5,138	5,440	4,723	4,694	5,195
Operating expenses after rebates	7,224,221	7,381,178	7,592,905	8,061,702	8,778,274
Depreciation on buildings	343,174	362,995	386,067	402,913	421,351
Depreciation on machinery	711,218	744,468	739,619	752,579	767,784
Total depreciation	1,054,392	1,107,463	1,125,686	1,155,492	1,189,135
Total expenses before rebates	8,283,751	8,494,081	8,723,314	9,221,888	9,972,604
Total rebates	5,138	5,440	4,723	4,694	5,195
Total expenses after rebates	8,278,613	8,488,641	8,718,591	9,217,194	9,967,409

^a Owned land and buildings only.
^b Mortgage payments on owned land and buildings, together with interest payments on all other farm business debts.

References: Statistics Canada, Catalogue No. 21-012.

For more information:
E-mail: stats.omafra@ontario.ca