Cotton Production Costs and Returns: United States

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Cotton production costs and returns per planted acre, excluding Government payments, U.S., 2011-2013 1/

Item

2011

2012

2013

 

Dollars per planted acre

Gross value of production:
Primary product: Cotton

$475.74

$473.57

$476.42

Secondary product: Cottonseed

$112.27

$140.27

$141.00

  Total, gross value of production

$588.01

$613.84

$617.42

Operating costs:
Seed

$96.61

$98.60

$100.74

Fertilizer  2/

$95.06

$99.60

$96.72

Chemicals

$66.72

$69.28

$70.04

Custom operations

$23.40

$23.66

$24.07

Fuel, lube, and electricity

$62.95

$64.50

$63.97

Repairs

$35.86

$36.89

$36.83

Ginning

$80.85

$110.80

$100.58

Purchased irrigation water

$3.35

$3.42

$3.52

Interest on operating inputs

$0.23

$0.25

$0.22

  Total, operating costs

$465.03

$507.00

$496.69

Allocated overhead:

Hired labor

$14.77

$15.19

$15.39

Opportunity cost of unpaid labor

$26.68

$27.63

$28.61

Capital recovery of machinery and equipment

$141.80

$148.69

$151.19

Opportunity cost of land

$73.59

$82.01

$86.56

Taxes and insurance

$8.15

$8.19

$8.23

General farm overhead

$16.79

$17.18

$17.15

  Total, allocated overhead

$281.78

$298.89

$307.13

Total costs listed

$746.81

$805.89

$803.82

 

Value of production less total costs listed

($158.80)

($192.05)

($186.40)

Value of production less operating costs

$122.98

$106.84

$120.73

 
Supporting information:
Cotton Yield: pounds per planted acre

495.56

667

581

Price: dollars per pound

$0.96

$0.71

$0.82

Cottonseed Yield: pounds per planted acre

802

1,079

940

Price: dollars per pound

$0.14

$0.13

$0.15

Enterprise size (planted acres) 1/

687

687

687

Production practices: 1/

Percent irrigated

43

43

43

Percent dryland

57

57

57

  
1/ 2011-2013 estimates developed from survey base year, 2007.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 04/08/2015