Cotton Production Costs and Returns: Southern Seaboard

 

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

Item 2015 2016 2017
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $543.69 $576.10 $611.10
Secondary product: Cottonseed $139.70 $106.56 $84.72
  Total, gross value of production $683.39 $682.66 $695.82
Operating costs:
Seed $94.92 $92.59 $91.52
Fertilizer  2/ $150.10 $127.01 $115.13
Chemicals $93.34 $96.43 $94.95
Custom operations $23.39 $23.78 $23.12
Fuel, lube, and electricity $37.79 $32.86 $39.23
Repairs $50.06 $50.15 $51.05
Ginning $118.32 $115.03 $118.74
Purchased irrigation water $0.00 $0.00 $0.00
Interest on operating inputs $0.38 $1.24 $2.80
  Total, operating costs $568.30 $539.09 $536.54
Allocated overhead:
Hired labor $13.86 $14.36 $14.75
Opportunity cost of unpaid labor $28.31 $29.32 $30.13
Capital recovery of machinery and equipment $159.79 $160.91 $164.39
Opportunity cost of land $86.67 $82.37 $82.37
Taxes and insurance $9.54 $9.48 $10.10
General farm overhead $13.60 $13.63 $13.87
  Total, allocated overhead $311.77 $310.07 $315.61
Total costs listed $880.07 $849.16 $852.15
 
Value of production less total costs listed ($196.68) ($166.50) ($156.33)
Value of production less operating costs $115.09 $143.57 $159.28
 
Supporting information:
Cotton Yield: pounds per planted acre 863 823 873
Price: dollars per pound $0.63 $0.70 $0.70
Cottonseed Yield: pounds per planted acre 1,397 1,332 1,412
Price: dollars per pound $0.10 $0.08 $0.06
Enterprise size (planted acres) 1/ 440 440 440
Production practices: 1/
Percent irrigated 25 25 25
Percent dryland 75 75 75
 
1/ 2015-2017 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 5/1/2018