Hard red winter wheat in Oklahoma has not been very profitable. Winter canola varieties have been developed. A crop rotation may enable producers to better manage weeds and diseases, increase yields, and increase net returns. The objectives include determining costs and net returns of conventional and no-till farm practices for five wheat systems and determining the breakeven yield for canola for an expected wheat price, wheat yield, and canola price. The conventionally tilled early September wheat planted for forage plus grain was the most economical with a return of 78.13 per acre. This was 17.06 more than the second ranking system, conventionally tilled late September wheat planted for forage plus grain. The breakeven conventional canola yield for a wheat yield of 45 bushels per acre and a canola price of 0.08/lb was 1,975 pounds per acre. For the same parameters, the Roundup Ready� canola breakeven yield was 2,083.