Cotton Production Costs and Returns: Fruitful Rim

 

Cotton production costs and returns per planted acre, excluding Government payments, Fruitful Rim, 2015-2017 1/

Item 2015 2016 2017
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $920.35 $801.36 $721.60
Secondary product: Cottonseed $263.90 $169.84 $128.07
  Total, gross value of production $1,184.25 $971.20 $849.67
Operating costs:
Seed $85.91 $83.81 $82.83
Fertilizer  2/ $107.31 $90.80 $82.31
Chemicals $94.27 $97.40 $95.90
Custom operations $30.96 $31.48 $30.61
Fuel, lube, and electricity $79.47 $67.69 $79.33
Repairs $63.98 $64.10 $65.25
Ginning $234.80 $196.01 $175.95
Purchased irrigation water $35.72 $36.32 $35.31
Interest on operating inputs $0.42 $1.54 $3.40
  Total, operating costs $732.84 $669.15 $650.89
Allocated overhead:
Hired labor $36.02 $37.31 $38.34
Opportunity cost of unpaid labor $29.26 $30.31 $31.14
Capital recovery of machinery and equipment $199.37 $200.76 $205.11
Opportunity cost of land $156.23 $148.49 $148.49
Taxes and insurance $14.36 $14.27 $15.20
General farm overhead $31.97 $32.03 $32.60
  Total, allocated overhead $467.21 $463.17 $470.88
Total costs listed $1,200.05 $1,132.32 $1,121.77
 
Value of production less total costs listed ($15.80) ($161.12) ($272.10)
Value of production less operating costs $451.41 $302.05 $198.78
 
Supporting information:
Cotton Yield: pounds per planted acre 1165 954 880
Price: dollars per pound $0.79 $0.84 $0.82
Cottonseed Yield: pounds per planted acre 1,885 1,544 1,423
Price: dollars per pound $0.14 $0.11 $0.09
Enterprise size (planted acres) 1/ 370 370 370
Production practices: 1/
Percent irrigated 54 54 54
Percent dryland 46 46 46
 
1/ 2015-2017 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 5/1/2018