Cotton Production Costs and Returns: Southern Seaboard

 

Cotton production costs and returns per planted acre, excluding Government payments, Southern Seaboard, 2016-2018 1/

Item 2016 2017 2018
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $576.10 $611.10 $546.00
Secondary product: Cottonseed $106.56 $84.72 $67.92
  Total, gross value of production $682.66 $695.82 $613.92
Operating costs:
Seed $92.59 $91.34 $90.27
Fertilizer  2/ $127.01 $114.13 $109.48
Chemicals $96.43 $93.89 $93.07
Custom operations $23.78 $23.12 $23.55
Fuel, lube, and electricity $32.86 $37.68 $39.26
Repairs $50.15 $51.05 $52.80
Ginning $115.03 $118.32 $96.65
Purchased irrigation water $0.00 $0.00 $0.00
Interest on operating inputs $1.24 $2.78 $5.28
  Total, operating costs $539.09 $532.31 $510.36
Allocated overhead:
Hired labor $14.36 $14.75 $15.64
Opportunity cost of unpaid labor $29.32 $30.13 $31.95
Capital recovery of machinery and equipment $160.91 $164.39 $165.93
Opportunity cost of land $82.37 $82.37 $87.18
Taxes and insurance $9.48 $10.10 $10.17
General farm overhead $13.63 $13.87 $14.35
  Total, allocated overhead $310.07 $315.61 $325.22
Total costs listed $849.16 $847.92 $835.58
 
Value of production less total costs listed ($166.50) ($152.10) ($221.66)
Value of production less operating costs $143.57 $163.51 $103.56
 
Supporting information:
Cotton Yield: pounds per planted acre 823 873 700
Price: dollars per pound $0.70 $0.70 $0.78
Cottonseed Yield: pounds per planted acre 1,332 1,412 1,132
Price: dollars per pound $0.08 $0.06 $0.06
Enterprise size (planted acres) 1/ 440 440 440
Production practices: 1/
Percent dryland 75 75 75
Percent irrigated 25 25 25
 
1/ 2015-2017 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 5/1/2019