This report contains an evaluation of the costs and returns associated with a range of conventional and conservational tillage practices demonstrated in the Tillage 2000 program. The analysis incorporated results from 1986 to 1989 for corn, soybeans, wheat and spring grains produced in southwestern Ontario. The major findings of this study are two-fold: 1. No-till and reduced tillage practices are financially competitive with conventional tillage practices in corn and winter wheat but less competitive in soybeans and spring grains. 2. No-till provides producers with potential for significant labour savings and equipment cost savings when used in corn. Specifically, the net returns per hour are significantly higher than either conventional or reduced tillage practices. This means that no-till cropping operations would be most valuable on farms with high opportunity costs to labour.