Cotton Production Costs and Returns: Southern Seaboard

 

Cotton production costs and returns per planted acre, excluding Government payments, Southern Seaboard, 2015-2016 1/

Item 2015 2016
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $543.69 $576.10
Secondary product: Cottonseed $139.70 $106.56
  Total, gross value of production $683.39 $682.66
Operating costs:
Seed $94.92 $92.59
Fertilizer  2/ $150.10 $127.01
Chemicals $93.34 $96.43
Custom operations $23.39 $23.78
Fuel, lube, and electricity $37.79 $32.86
Repairs $50.06 $50.15
Ginning $118.32 $115.03
Purchased irrigation water $0.00 $0.00
Interest on operating inputs $0.38 $1.24
  Total, operating costs $568.30 $539.09
Allocated overhead:
Hired labor $13.86 $14.36
Opportunity cost of unpaid labor $28.31 $29.32
Capital recovery of machinery and equipment $159.79 $160.91
Opportunity cost of land $86.67 $82.37
Taxes and insurance $9.54 $9.48
General farm overhead $13.60 $13.63
  Total, allocated overhead $311.77 $310.07
Total costs listed $880.07 $849.16
 
Value of production less total costs listed ($196.68) ($166.50)
Value of production less operating costs $115.09 $143.57
 
Supporting information:
Cotton Yield: pounds per planted acre 863 823
Price: dollars per pound $0.63 $0.70
Cottonseed Yield: pounds per planted acre 1,397 1,332
Price: dollars per pound $0.10 $0.08
Enterprise size (planted acres) 1/ 440 440
Production practices: 1/
Percent irrigated 25 25
Percent dryland 75 75
 
1/ 2015-2016 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 11/14/2017