Eastern Uplands | Fruitful Rim | Heartland | Mississippi Portal | Prairie Gateway | Southern Seaboard | United States
Cotton production costs and returns per planted acre, excluding Government payments, Eastern Uplands, 2020-2022 1/ |
|||
| Item | 2020 | 2021 | 2022 |
| Dollars per planted acre | |||
| Gross value of production: | |||
| Primary product: Cotton | $568.33 | $822.55 | $973.14 |
| Secondary product: Cottonseed | $107.85 | $145.50 | $188.29 |
| Total, gross value of production | $676.18 | $968.05 | $1,161.43 |
| Operating costs: | |||
| Seed | $95.10 | $98.57 | $110.71 |
| Fertilizer 2/ | $118.40 | $140.45 | $265.05 |
| Chemicals | $121.12 | $125.61 | $191.02 |
| Custom operations | $16.98 | $17.60 | $19.92 |
| Fuel, lube, and electricity | $12.13 | $16.15 | $23.33 |
| Repairs | $35.84 | $38.41 | $42.76 |
| Ginning | $70.82 | $76.57 | $96.12 |
| Purchased irrigation water | $0.00 | $0.00 | $0.00 |
| Interest on operating inputs | $0.92 | $0.15 | $9.14 |
| Total, operating costs | $471.31 | $513.51 | $758.05 |
| Allocated overhead: | |||
| Hired labor | $6.97 | $7.39 | $7.93 |
| Opportunity cost of unpaid labor | $26.76 | $28.29 | $30.38 |
| Capital recovery of machinery and equipment | $126.32 | $147.34 | $154.33 |
| Opportunity cost of land | $83.38 | $81.81 | $84.98 |
| Taxes and insurance | $13.24 | $13.82 | $14.42 |
| General farm overhead | $13.77 | $14.78 | $16.51 |
| Total, allocated overhead | $270.44 | $293.43 | $308.55 |
| Total costs listed | $741.75 | $806.94 | $1,066.60 |
| Value of production less total costs listed | ($65.57) | $161.11 | $94.83 |
| Value of production less operating costs | $204.87 | $454.54 | $403.38 |
| Supporting information: | |||
| Cotton Yield: pounds per planted acre | 928 | 968 | 1,080 |
| Price: dollars per pound | $0.61 | $0.85 | $0.90 |
| Cottonseed Yield: pounds per planted acre | 1,502 | 1,566 | 1,748 |
| Price: dollars per pound | $0.07 | $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/ 2020-2022 estimates developed from survey base year, 2019. | |||
| 2/ Commercial fertilizer, soil conditioners, and manure. | |||
Last Updated on 10/3/2023