Cotton Production Costs and Returns: United States

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Cotton production costs and returns per planted acre, excluding Government payments, U.S., 2009-2011 1/

Item

2009

2010

2011

 

Dollars per planted acre

Gross value of production:
Primary product: Cotton

$364.37

$639.88

$475.74

Secondary product: Cottonseed

$79.92

$100.94

$112.27

  Total, gross value of production

$444.29

$740.82

$588.01

Operating costs:

Seed

$73.17

$80.98

$96.61

Fertilizer  2/

$90.77

$72.86

$95.06

Chemicals

$67.93

$67.12

$66.72

Custom operations

$21.69

$22.88

$23.40

Fuel, lube, and electricity

$40.77

$51.74

$62.95

Repairs

$33.92

$34.84

$35.86

Ginning

$99.30

$129.88

$80.85

Purchased irrigation water

$2.89

$3.13

$3.35

Interest on operating inputs

$0.62

$0.47

$0.23

  Total, operating costs

$431.06

$463.90

$465.03

Allocated overhead:

Hired labor

$14.35

$14.60

$14.77

Opportunity cost of unpaid labor

$26.29

$26.30

$26.68

Capital recovery of machinery and equipment

$128.85

$133.91

$141.80

Opportunity cost of land

$66.87

$70.49

$75.63

Taxes and insurance

$7.43

$7.75

$8.15

General farm overhead

$15.64

$16.29

$16.79

  Total, allocated overhead

$259.43

$269.34

$283.82

Total costs listed

$690.49

$733.24

$748.85

  

Value of production less total costs listed

($246.20)

$7.58

($160.84)

Value of production less operating costs

$13.23

$276.92

$122.98

  

Supporting information:

Cotton Yield: pounds per planted acre

617.57

780.34

495.56

Price: dollars per pound

$0.59

$0.82

$0.96

Cottonseed Yield: pounds per planted acre

999

1,262

802

Price: dollars per pound

$0.08

$0.08

$0.14

Enterprise size (planted acres) 1/

687

687

687

Production practices: 1/

Percent irrigated

43

43

43

Percent dryland

57

57

57

 
1/ 2009-2011 estimates developed from survey base year, 2007.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 12/19/2012