Canola Added to Enterprise Budgets for 2027 Amid High Input Costs

Arkansas farmers have a new financial tool to help them decide whether to plant canola in 2027. The University of Arkansas Division of Agriculture has released enterprise budgets for fall-planted canola and wheat, which allows growers to double crop.

Scott Stiles, extension economics program associate, said that with high input costs, farmers are looking at every alternative. 'With growers seeing little to no relief this year from high input costs, and with margins for the major row crops remaining compressed, growers are considering every alternative.'

The enterprise budgets include canola and wheat as fall-planted and harvested in the middle of the following year. Farmers can plug in specific land lease structures and customized crop input quantities and prices to get a handle on the profitability of a particular crop.

Canola is in the same family as turnips and mustard, and it produces a neutral-tasting oil that's commonly used for cooking. In 2025, over 2.3 million acres were harvested, mostly in the northern plains.