|
Cotton production costs and returns per planted acre, excluding Government payments, Fruitful Rim, 2007-2009 1/
|
|
Item
|
2007
|
2008
|
2009
|
| |
Dollars per planted acre
|
| Gross value of production: |
| Primary product: Cotton |
$799.00
|
$436.74
|
$428.40
|
| Secondary product: Cottonseed |
$209.00
|
$158.21
|
$123.80
|
| Total, gross value of production |
$1,008.00
|
$594.95
|
$552.20
|
| Operating costs: |
| Seed |
$59.64
|
$66.51
|
$76.16
|
| Fertilizer 2/ |
$78.41
|
$119.77
|
$117.62
|
| Chemicals |
$85.69
|
$89.68
|
$100.30
|
| Custom operations |
$57.58
|
$57.58
|
$62.71
|
| Fuel, lube, and electricity |
$91.70
|
$112.72
|
$75.05
|
| Repairs |
$34.71
|
$35.64
|
$36.33
|
| Ginning |
$215.92
|
$171.96
|
$188.63
|
| Purchased irrigation water |
$33.59
|
$33.59
|
$36.58
|
| Interest on operating inputs |
$9.78
|
$5.09
|
$1.01
|
| Total, operating costs |
$667.02
|
$692.54
|
$694.39
|
| Allocated overhead: |
| Hired labor |
$25.96
|
$26.84
|
$27.43
|
| Opportunity cost of unpaid labor |
$31.06
|
$32.11
|
$32.81
|
| Capital recovery of machinery and equipment |
$128.35
|
$138.43
|
$149.85
|
| Opportunity cost of land |
$86.98
|
$97.36
|
$109.46
|
| Taxes and insurance |
$10.00
|
$11.10
|
$11.90
|
| General farm overhead |
$25.66
|
$26.34
|
$26.86
|
| Total, allocated overhead |
$308.01
|
$332.18
|
$358.31
|
| Total costs listed |
$975.03
|
$1,024.72
|
$1,052.70
|
| |
| Value of production less total costs listed |
$32.97
|
($429.77)
|
($500.50)
|
| Value of production less operating costs |
$340.98
|
($97.59)
|
($142.19)
|
| |
| Supporting information: |
| Cotton Yield: pounds per planted acre |
1175
|
753
|
765
|
| Price: dollars per pound |
$0.68
|
$0.58
|
$0.56
|
| Cottonseed Yield: pounds per planted acre |
1,900
|
1,217
|
1,238
|
| Price: dollars per pound |
$0.11
|
$0.13
|
$0.10
|
| Enterprise size (planted acres) 1/ |
507
|
507
|
507
|
| Production practices: 1/ |
| Percent irrigated |
57
|
57
|
57
|
| Percent dryland |
43
|
43
|
43
|
| |
| 1/ 2007-2009 estimates developed from survey base year, 2007. |
| 2/ Commercial fertilizer, soil conditioners, and manure. |
Last Updated on 10/05/2010