Cotton Production Costs and Returns: Southern Seaboard

 

Cotton production costs and returns per planted acre, excluding Government payments, Southern Seaboard, 2013-2015 1/

Item 2013 2014 2015
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $639.09 $609.03 $514.71
Secondary product: Cottonseed $127.70 $132.30 $132.20
  Total, gross value of production $766.79 $741.33 $646.91
Operating costs:
Seed $116.31 $116.15 $118.21
Fertilizer  2/ $153.94 $149.37 $137.71
Chemicals $96.14 $97.92 $93.72
Custom operations $25.11 $25.82 $26.94
Fuel, lube, and electricity $53.33 $54.00 $34.39
Repairs $37.32 $38.04 $37.97
Ginning $118.86 $140.81 $131.55
Purchased irrigation water $0.00 $0.00 $0.00
Interest on operating inputs $0.26 $0.20 $0.49
  Total, operating costs $601.27 $622.31 $580.98
Allocated overhead:
Hired labor $14.57 $14.85 $15.38
Opportunity cost of unpaid labor $22.41 $22.83 $23.66
Capital recovery of machinery and equipment $153.53 $159.22 $162.91
Opportunity cost of land $109.17 $113.18 $115.59
Taxes and insurance $8.72 $8.89 $10.47
General farm overhead $20.06 $20.44 $20.40
  Total, allocated overhead $328.46 $339.41 $348.41
Total costs listed $929.73 $961.72 $929.39
 
Value of production less total costs listed ($162.94) ($220.39) ($282.48)
Value of production less operating costs $165.52 $119.02 $65.93
 
Supporting information:
Cotton Yield: pounds per planted acre 789 909 817
Price: dollars per pound $0.81 $0.67 $0.63
Cottonseed Yield: pounds per planted acre 1,277 1,470 1,322
Price: dollars per pound $0.10 $0.09 $0.10
Enterprise size (planted acres) 1/ 453 453 453
Production practices: 1/
Percent irrigated 28 28 28
Percent dryland 72 72 72
 
1/ 2013-2015 estimates developed from survey base year, 2007.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 10/13/2016