Cotton Production Costs and Returns: United States

 

Cotton production costs and returns per planted acre, excluding Government payments, U.S., 2015-2016 1/

Item 2015 2016
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $483.12 $538.68
Secondary product: Cottonseed $153.72 $117.00
  Total, gross value of production $636.84 $655.68
Operating costs:
Seed $70.43 $69.10
Fertilizer  2/ $75.36 $62.06
Chemicals $62.85 $65.77
Custom operations $17.11 $18.03
Fuel, lube, and electricity $43.49 $38.18
Repairs $47.08 $47.51
Ginning $117.04 $121.72
Purchased irrigation water $2.95 $3.12
Interest on operating inputs $0.27 $0.98
  Total, operating costs $436.58 $426.47
Allocated overhead:
Hired labor $15.48 $16.40
Opportunity cost of unpaid labor $36.48 $37.51
Capital recovery of machinery and equipment $146.79 $148.91
Opportunity cost of land $71.01 $69.54
Taxes and insurance $10.21 $10.28
General farm overhead $13.67 $13.88
  Total, allocated overhead $293.64 $296.52
Total costs listed $730.22 $722.99
 
Value of production less total costs listed ($93.38) ($67.31)
Value of production less operating costs $200.26 $229.21
 
Supporting information:
Cotton Yield: pounds per planted acre 792 804
Price: dollars per pound $0.61 $0.67
Cottonseed Yield: pounds per planted acre 1,281 1,300
Price: dollars per pound $0.12 $0.09
Enterprise size (planted acres) 1/ 626 626
Production practices: 1/
Percent irrigated 32 32
Percent dryland 68 68
 
1/ 2015-2016 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 11/14/2017