AN ECONOMIC ANALYSIS OF THE COTTON GINNING INDUSTRY IN OKLAHOMA
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ABSTRACT An analysis of the capacity utilization and cost structure of the Oklahoma cotton ginning industry is presented. Significant over-capacity is present in Oklahoma's ginning industry. Larger gins had significantly lower cost per bale and higher profit per bale. The receipt of picked cotton was associated with a longer ginning season and higher profit per bale. Gins which received more modulized cotton also had a longer ginning season, but experienced lower revenues per bale and lower profits per bale. Data for the analysis came from 1991 Annual Gin Reports and a survey of gins. |
©National Cotton Council, Memphis TN |
Document last modified July 8, 2004
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