Cotton Production Costs and Returns: Fruitful Rim

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Cotton production costs and returns per planted acre, excluding Government payments, Fruitful Rim, 2012-2014 1/

Item

2012

2013

2014

 

Dollars per planted acre

Gross value of production:
Primary product: Cotton

$727.76

$880.44

$843.48

Secondary product: Cottonseed

$240.84

$221.04

$164.19

  Total, gross value of production

$968.60

$1,101.48

$1,007.67

Operating costs:

Seed

$102.62

$107.29

$107.15

Fertilizer  2/

$131.40

$128.85

$125.02

Chemicals

$100.23

$104.08

$106.01

Custom operations

$65.97

$68.56

$70.50

Fuel, lube, and electricity

$118.95

$117.87

$117.03

Repairs

$39.83

$40.22

$40.99

Ginning

$172.94

$164.94

$174.53

Purchased irrigation water

$38.49

$40.00

$41.13

Interest on operating inputs

$0.39

$0.34

$0.25

  Total, operating costs

$770.82

$772.15

$782.61

Allocated overhead:

Hired labor

$28.85

$29.69

$30.25

Opportunity cost of unpaid labor

$34.52

$35.53

$36.20

Capital recovery of machinery and equipment

$172.16

$177.08

$183.64

Opportunity cost of land

$140.29

$152.64

$158.25

Taxes and insurance

$11.21

$11.43

$11.66

General farm overhead

$29.45

$29.73

$30.30

  Total, allocated overhead

$416.48

$436.10

$450.30

Total costs listed

$1,187.30

$1,208.25

$1,232.91

  

Value of production less total costs listed

($218.70)

($106.77)

($225.24)

Value of production less operating costs

$197.78

$329.33

$225.06

  
Supporting information:
Cotton Yield: pounds per planted acre

827

759

781

Price: dollars per pound

$0.88

$1.16

$1.08

Cottonseed Yield: pounds per planted acre

1,338

1,228

1,263

Price: dollars per pound

$0.18

$0.18

$0.13

Enterprise size (planted acres) 1/

507

507

507

Production practices: 1/
Percent irrigated

57

57

57

Percent dryland

43

43

43

  
1/ 2012-2014 estimates developed from survey base year, 2007.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 10/08/2015