Cotton Production Costs and Returns: Mississippi Portal

 

Cotton production costs and returns per planted acre, excluding Government payments, Mississippi Portal, 2013-2015 1/

Item 2013 2014 2015
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $842.93 $702.72 $599.02
Secondary product: Cottonseed $207.24 $177.70 $190.68
  Total, gross value of production $1,050.17 $880.42 $789.70
Operating costs:
Seed $145.90 $145.70 $148.29
Fertilizer  2/ $131.59 $127.68 $117.72
Chemicals $111.11 $113.17 $108.32
Custom operations $31.90 $32.80 $34.22
Fuel, lube, and electricity $50.67 $50.40 $32.08
Repairs $43.51 $44.34 $44.26
Ginning $186.83 $197.70 $183.79
Purchased irrigation water $0.00 $0.00 $0.00
Interest on operating inputs $0.31 $0.23 $0.57
  Total, operating costs $701.82 $712.02 $669.25
Allocated overhead:
Hired labor $18.00 $18.34 $19.01
Opportunity cost of unpaid labor $22.10 $22.52 $23.33
Capital recovery of machinery and equipment $177.47 $184.04 $188.31
Opportunity cost of land $137.39 $142.44 $145.47
Taxes and insurance $10.64 $10.85 $12.77
General farm overhead $21.11 $21.52 $21.48
  Total, allocated overhead $386.71 $399.71 $410.37
Total costs listed $1,088.53 $1,111.73 $1,079.62
 
Value of production less total costs listed ($38.36) ($231.31) ($289.92)
Value of production less operating costs $348.35 $168.40 $120.45
 
Supporting information:
Cotton Yield: pounds per planted acre 1067 1098 982
Price: dollars per pound $0.79 $0.64 $0.61
Cottonseed Yield: pounds per planted acre 1,727 1,777 1,589
Price: dollars per pound $0.12 $0.10 $0.12
Enterprise size (planted acres) 1/ 954 954 954
Production practices: 1/
Percent irrigated 45 45 45
Percent dryland 55 55 55
 
1/ 2013-2015 estimates developed from survey base year, 2007.
2/ Commercial fertilizer, soil conditioners, and manure.
 
Last Updated on 10/13/2016