Cotton Production Costs and Returns: Prairie Gateway

 

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

Item 2013 2014 2015
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $269.88 $296.96 $322.56
Secondary product: Cottonseed $100.62 $67.59 $102.41
  Total, gross value of production $370.50 $364.55 $424.97
Operating costs:
Seed $80.18 $80.07 $81.49
Fertilizer  2/ $56.92 $55.23 $50.92
Chemicals $44.88 $45.71 $43.75
Custom operations $15.28 $15.71 $16.39
Fuel, lube, and electricity $63.60 $64.34 $42.53
Repairs $34.72 $35.39 $35.33
Ginning $62.56 $86.27 $111.32
Purchased irrigation water $0.00 $0.00 $0.00
Interest on operating inputs $0.16 $0.12 $0.32
  Total, operating costs $358.30 $382.84 $382.05
Allocated overhead:
Hired labor $12.93 $13.17 $13.64
Opportunity cost of unpaid labor $31.62 $32.21 $33.38
Capital recovery of machinery and equipment $139.10 $144.25 $147.60
Opportunity cost of land $53.61 $55.58 $56.76
Taxes and insurance $7.07 $7.20 $8.48
General farm overhead $13.32 $13.58 $13.56
  Total, allocated overhead $257.65 $265.99 $273.42
Total costs listed $615.95 $648.83 $655.47
 
Value of production less total costs listed ($245.45) ($284.28) ($230.50)
Value of production less operating costs $12.20 ($18.29) $42.92
 
Supporting information:
Cotton Yield: pounds per planted acre 346 464 576
Price: dollars per pound $0.78 $0.64 $0.56
Cottonseed Yield: pounds per planted acre 559 751 931
Price: dollars per pound $0.18 $0.09 $0.11
Enterprise size (planted acres) 1/ 770 770 770
Production practices: 1/
Percent irrigated 46 46 46
Percent dryland 54 54 54
 
1/ 2013-2015 estimates developed from survey base year, 2007.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 10/13/2016