|
Cotton production costs and returns per planted acre, excluding Government payments, Mississippi Portal, 2007-2009 1/
|
|
Item
|
2007
|
2008
|
2009
|
| |
Dollars per planted acre
|
| Gross value of production: |
| Primary product: Cotton |
$540.96
|
$477.68
|
$410.85
|
| Secondary product: Cottonseed |
$125.04
|
$151.80
|
$96.64
|
| Total, gross value of production |
$666.00
|
$629.48
|
$507.49
|
| Operating costs: |
| Seed |
$81.10
|
$90.44
|
$103.56
|
| Fertilizer 2/ |
$80.08
|
$122.32
|
$120.12
|
| Chemicals |
$91.48
|
$95.73
|
$107.08
|
| Custom operations |
$26.79
|
$26.79
|
$29.18
|
| Fuel, lube, and electricity |
$36.75
|
$46.91
|
$30.66
|
| Repairs |
$37.55
|
$38.55
|
$39.30
|
| Ginning |
$143.03
|
$126.30
|
$119.63
|
| Purchased irrigation water |
$0.00
|
$0.00
|
$0.00
|
| Interest on operating inputs |
$7.84
|
$4.05
|
$0.80
|
| Total, operating costs |
$504.62
|
$551.09
|
$550.33
|
| Allocated overhead: |
| Hired labor |
$15.74
|
$16.27
|
$16.63
|
| Opportunity cost of unpaid labor |
$19.32
|
$19.97
|
$20.41
|
| Capital recovery of machinery and equipment |
$128.63
|
$138.73
|
$150.18
|
| Opportunity cost of land |
$78.29
|
$87.63
|
$98.52
|
| Taxes and insurance |
$9.31
|
$10.33
|
$11.08
|
| General farm overhead |
$18.22
|
$18.71
|
$19.07
|
| Total, allocated overhead |
$269.51
|
$291.64
|
$315.89
|
| Total costs listed |
$774.13
|
$842.73
|
$866.22
|
| |
| Value of production less total costs listed |
($108.13)
|
($213.25)
|
($358.73)
|
| Value of production less operating costs |
$161.38
|
$78.39
|
($42.84)
|
| |
| Supporting information: |
| Cotton Yield: pounds per planted acre |
966
|
853
|
747
|
| Price: dollars per pound |
$0.56
|
$0.56
|
$0.55
|
| Cottonseed Yield: pounds per planted acre |
1,563
|
1,380
|
1,208
|
| Price: dollars per pound |
$0.08
|
$0.11
|
$0.08
|
| Enterprise size (planted acres) 1/ |
954
|
954
|
954
|
| Production practices: 1/ |
| Percent irrigated |
45
|
45
|
45
|
| Percent dryland |
55
|
55
|
55
|
| |
| 1/ 2007-2009 estimates developed from survey base year, 2007. |
| 2/ Commercial fertilizer, soil conditioners, and manure. |
Last Updated on 10/05/2010