Cost comparisons for farms

[dan]

Does anybody know where I can find some info on typical farm budget. There are some manitoba ag ones around but they seem inaccurate in places. I would like to see what the average debt/acre is & see if I am even in the ball park.I know margins are tight but I would like to know what is expected.This would be for a mixed farm Thanks

[tdarling]

Try following this link to Alberta Agriculture's Ropin the Web: http://www.agric.gov.ab.ca/economic/product/farm_economics/cost.html Alternately, from the main menu follow the links to Economics, Production Economics and Financial Ratios. This information has been prepared by our Production Economics Unit. It presents information from their whole-farm data base. Much of the methodology is based on the work of Dr. David Kohl (Virginia Tech.)

[purdy]

You have asked a very difficult question for a mixed farm as debt per acre varies significantly starting at $0. It is also important to distinquish between Term debt and operating debts. I do not think you will find the information but consider that according to Agriculture Statistic 1996 Yearbook Alberta's total farm debt was $6.7 billion while total value of capital was $38 billion; total area of farms was 50 million acres,total land in crops 19 million acres,total cash receipts were $6.3 billion perhaps you can determine from this the 'average' debt from this information.As I indicated there are too many factors to arrive at a typical farm but these may give averages.