Cotton Production Costs and Returns: Eastern Uplands

 

Cotton production costs and returns per planted acre, excluding Government payments, Eastern Uplands, 2023-2025 1/
Item 2023 2024 2025
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $858.73 $614.88 $638.07
Secondary product: Cottonseed $160.14 $136.70 $202.14
  Total, gross value of production $1,018.87 $751.57 $840.22
Operating costs:
Seed $116.63 $112.74 $112.77
Fertilizer  2/ $209.77 $179.72 $187.74
Chemicals $185.94 $148.24 $148.21
Custom operations $20.92 $21.80 $22.56
Fuel, lube, and electricity $20.14 $18.85 $18.20
Repairs $44.37 $44.81 $45.78
Ginning $102.83 $93.04 $114.93
Purchased irrigation water $0.00 $0.00 $0.00
Interest on operating inputs $17.76 $14.89 $12.87
  Total, operating costs $718.36 $634.09 $663.06
Allocated overhead:
Hired labor $8.36 $8.59 $8.79
Opportunity cost of unpaid labor $32.05 $33.12 $33.90
Capital recovery of machinery and equipment $164.81 $171.89 $173.15
Opportunity cost of land $86.21 $91.47 $98.32
Taxes and insurance $15.94 $16.91 $17.76
General farm overhead $17.10 $17.27 $17.67
  Total, allocated overhead $324.47 $339.25 $349.59
Total costs listed $1,042.83 $973.34 $1,012.65
 
Value of production less total costs listed ($23.96) ($221.77) ($172.43)
Value of production less operating costs $300.51 $117.48 $177.16
 
Supporting information:
Cotton Yield: pounds per planted acre 1,094 955 1,155
Price: dollars per pound $0.79 $0.64 $0.55
Cottonseed Yield: pounds per planted acre 1,769 1,545 1,869
Price: dollars per pound $0.09 $0.09 $0.11
Enterprise size (planted acres) 1/ 967 967 967
Production practices: 1/
Percent dryland 94 94 94
Percent irrigated 6 6 6
 
1/ 2023-2025 estimates developed from survey base year, 2019.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 5/1/2016