|
Cotton production costs and returns per planted acre, excluding Government payments, Southern Seaboard, 2007-2009 1/
|
|
Item
|
2007
|
2008
|
2009
|
| |
Dollars per planted acre
|
| Gross value of production: |
| Primary product: Cotton |
$432.85
|
$462.00
|
$495.60
|
| Secondary product: Cottonseed |
$89.11
|
$120.06
|
$80.16
|
| Total, gross value of production |
$521.96
|
$582.06
|
$575.76
|
| Operating costs: |
| Seed |
$64.65
|
$72.10
|
$82.56
|
| Fertilizer 2/ |
$93.68
|
$143.10
|
$140.52
|
| Chemicals |
$79.15
|
$82.83
|
$92.65
|
| Custom operations |
$21.09
|
$21.09
|
$22.97
|
| Fuel, lube, and electricity |
$39.27
|
$51.39
|
$34.17
|
| Repairs |
$32.21
|
$33.07
|
$33.71
|
| Ginning |
$100.25
|
$105.09
|
$113.81
|
| Purchased irrigation water |
$0.00
|
$0.00
|
$0.00
|
| Interest on operating inputs |
$7.31
|
$3.76
|
$0.75
|
| Total, operating costs |
$437.61
|
$512.43
|
$521.14
|
| Allocated overhead: |
| Hired labor |
$12.74
|
$13.17
|
$13.46
|
| Opportunity cost of unpaid labor |
$19.59
|
$20.25
|
$20.70
|
| Capital recovery of machinery and equipment |
$111.28
|
$120.02
|
$129.92
|
| Opportunity cost of land |
$62.21
|
$69.63
|
$78.29
|
| Taxes and insurance |
$7.63
|
$8.47
|
$9.08
|
| General farm overhead |
$17.31
|
$17.77
|
$18.12
|
| Total, allocated overhead |
$230.76
|
$249.31
|
$269.57
|
| Total costs listed |
$668.37
|
$761.74
|
$790.71
|
| |
| Value of production less total costs listed |
($146.41)
|
($179.68)
|
($214.95)
|
| Value of production less operating costs |
$84.35
|
$69.63
|
$54.62
|
| |
| Supporting information: |
| Cotton Yield: pounds per planted acre |
787
|
825
|
826
|
| Price: dollars per pound |
$0.55
|
$0.56
|
$0.60
|
| Cottonseed Yield: pounds per planted acre |
1,273
|
1,334
|
1,336
|
| Price: dollars per pound |
$0.07
|
$0.09
|
$0.06
|
| Enterprise size (planted acres) 1/ |
453
|
453
|
453
|
| Production practices: 1/ |
| Percent irrigated |
28
|
28
|
28
|
| Percent dryland |
72
|
72
|
72
|
| |
| 1/ 2007-2009 estimates developed from survey base year, 2007. |
| 2/ Commercial fertilizer, soil conditioners, and manure. |
Last Updated on 10/05/2010