Cotton Production Costs and Returns: Prairie Gateway

 

Cotton production costs and returns per planted acre, excluding Government payments, Prairie Gateway, 2015-2016 1/

Item 2015 2016
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $355.04 $434.07
Secondary product: Cottonseed $112.75 $100.26
  Total, gross value of production $467.79 $534.33
Operating costs:
Seed $50.06 $48.83
Fertilizer  2/ $28.06 $23.74
Chemicals $34.93 $36.09
Custom operations $8.93 $9.08
Fuel, lube, and electricity $42.24 $37.47
Repairs $41.18 $41.26
Ginning $82.38 $91.26
Purchased irrigation water $0.02 $0.02
Interest on operating inputs $0.17 $0.66
  Total, operating costs $287.97 $288.41
Allocated overhead:
Hired labor $12.23 $12.67
Opportunity cost of unpaid labor $43.82 $45.39
Capital recovery of machinery and equipment $125.51 $126.39
Opportunity cost of land $40.65 $38.64
Taxes and insurance $9.58 $9.52
General farm overhead $10.66 $10.68
  Total, allocated overhead $242.45 $243.29
Total costs listed $530.42 $531.70
 
Value of production less total costs listed ($62.63) $2.63
Value of production less operating costs $179.82 $245.92
 
Supporting information:
Cotton Yield: pounds per planted acre 634 689
Price: dollars per pound $0.56 $0.63
Cottonseed Yield: pounds per planted acre 1,025 1,114
Price: dollars per pound $0.11 $0.09
Enterprise size (planted acres) 1/ 931 931
Production practices: 1/
Percent irrigated 46 46
Percent dryland 54 54
 
1/ 2015-2016 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 11/14/2017