Cotton Production Costs and Returns: Mississippi Portal

 

Cotton production costs and returns per planted acre, excluding Government payments, Mississippi Portal, 2015-2017 1/

Item 2015 2016 2017
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $676.49 $756.24 $734.85
Secondary product: Cottonseed $233.35 $177.40 $137.92
  Total, gross value of production $909.84 $933.64 $872.77
Operating costs:
Seed $102.51 $100.00 $98.83
Fertilizer  2/ $116.19 $98.31 $89.12
Chemicals $109.58 $113.21 $111.47
Custom operations $36.85 $37.47 $36.43
Fuel, lube, and electricity $37.13 $32.45 $38.25
Repairs $53.21 $53.31 $54.27
Ginning $194.78 $196.23 $185.57
Purchased irrigation water $0.51 $0.52 $0.50
Interest on operating inputs $0.39 $1.45 $3.23
  Total, operating costs $651.15 $632.95 $617.67
Allocated overhead:
Hired labor $17.59 $18.22 $18.72
Opportunity cost of unpaid labor $21.48 $22.25 $22.86
Capital recovery of machinery and equipment $170.54 $171.73 $175.45
Opportunity cost of land $125.20 $118.99 $118.99
Taxes and insurance $11.93 $11.85 $12.62
General farm overhead $16.62 $16.65 $16.95
  Total, allocated overhead $363.36 $359.69 $365.59
Total costs listed $1,014.51 $992.64 $983.26
 
Value of production less total costs listed ($104.67) ($59.00) ($110.49)
Value of production less operating costs $258.69 $300.69 $255.10
 
Supporting information:
Cotton Yield: pounds per planted acre 1109 1096 1065
Price: dollars per pound $0.61 $0.69 $0.69
Cottonseed Yield: pounds per planted acre 1,795 1,774 1,724
Price: dollars per pound $0.13 $0.10 $0.08
Enterprise size (planted acres) 1/ 539 539 539
Production practices: 1/
Percent irrigated 48 48 48
Percent dryland 52 52 52
 
1/ 2015-2017 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.
 
Last Updated on 5/1/2018