Cotton Production Costs and Returns: Fruitful Rim

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Cotton production costs and returns per planted acre, excluding Government payments, Fruitful Rim, 2011-2013 1/

Item

2011

2012

2013

 

Dollars per planted acre

Gross value of production:
Primary product: Cotton

$879.01

$727.76

$869.40

Secondary product: Cottonseed

$195.30

$240.84

$220.32

  Total, gross value of production

$1,074.31

$968.60

$1,089.72

Operating costs:
Seed

$99.98

$102.62

$107.29

Fertilizer  2/

$123.74

$131.40

$128.85

Chemicals

$95.41

$100.23

$104.08

Custom operations

$64.68

$65.97

$68.56

Fuel, lube, and electricity

$117.65

$118.95

$117.82

Repairs

$38.67

$39.83

$40.22

Ginning

$137.56

$172.94

$164.29

Purchased irrigation water

$37.73

$38.49

$40.00

Interest on operating inputs

$0.36

$0.39

$0.34

  Total, operating costs

$715.78

$770.82

$771.45

Allocated overhead:
Hired labor

$28.01

$29.13

$29.69

Opportunity cost of unpaid labor

$33.52

$34.86

$35.53

Capital recovery of machinery and equipment

$163.97

$172.16

$177.08

Opportunity cost of land

$124.58

$140.29

$152.64

Taxes and insurance

$11.10

$11.32

$11.43

General farm overhead

$28.59

$29.45

$29.73

  Total, allocated overhead

$389.77

$417.21

$436.10

Total costs listed

$1,105.55

$1,188.03

$1,207.55

 
Value of production less total costs listed

($31.24)

($219.43)

($117.83)

Value of production less operating costs

$358.53

$197.78

$318.27

 
Supporting information:
Cotton Yield: pounds per planted acre

671

827

756

Price: dollars per pound

$1.31

$0.88

$1.15

Cottonseed Yield: pounds per planted acre

1,085

1,338

1,224

Price: dollars per pound

$0.18

$0.18

$0.18

Enterprise size (planted acres) 1/

507

507

507

Production practices: 1/

Percent irrigated

57

57

57

Percent dryland

43

43

43

 
1/ 2011-2013 estimates developed from survey base year, 2007.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 05/16/2014