Conventional and Organic Enterprise Net Returns

Information pertaining to the relative profitability of conventional and organic production is often lacking. A previous article compared net returns for conventional and organic crop enterprises using FINBIN data from 2018 to 2022 (Langemeier, 2023). This article uses FINBIN data from 2019 to 2023 to update comparisons of crop yields, gross revenue, total expense, and net returns for conventional and organic alfalfa, corn, oats, soybeans, and winter wheat. The organic enterprise data represents farms that have already transitioned to organic production, and thus, do not include information pertaining to the transition phase.