Cotton Production Costs and Returns: Mississippi Portal

 
 

Cotton production costs and returns per planted acre, excluding Government payments, Mississippi Portal, 2016-2018 1/

Item 2016 2017 2018
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $756.24 $734.85 $784.80
Secondary product: Cottonseed $177.40 $137.92 $141.12
  Total, gross value of production $933.64 $872.77 $925.92
Operating costs:
Seed $100.00 $98.64 $97.49
Fertilizer  2/ $98.31 $88.35 $84.75
Chemicals $113.21 $110.23 $109.27
Custom operations $37.47 $36.43 $37.11
Fuel, lube, and electricity $32.45 $36.73 $39.60
Repairs $53.31 $54.27 $56.13
Ginning $196.23 $184.91 $192.79
Purchased irrigation water $0.52 $0.50 $0.51
Interest on operating inputs $1.45 $3.20 $6.45
  Total, operating costs $632.95 $613.26 $624.10
Allocated overhead:
Hired labor $18.22 $18.72 $19.85
Opportunity cost of unpaid labor $22.25 $22.86 $24.24
Capital recovery of machinery and equipment $171.73 $175.45 $177.09
Opportunity cost of land $118.99 $118.99 $125.93
Taxes and insurance $11.85 $12.62 $12.71
General farm overhead $16.65 $16.95 $17.53
  Total, allocated overhead $359.69 $365.59 $377.35
Total costs listed $992.64 $978.85 $1,001.45
 
Value of production less total costs listed ($59.00) ($106.08) ($75.53)
Value of production less operating costs $300.69 $259.51 $301.82
 
Supporting information:
Cotton Yield: pounds per planted acre 1096 1065 1090
Price: dollars per pound $0.69 $0.69 $0.72
Cottonseed Yield: pounds per planted acre 1,774 1,724 1,764
Price: dollars per pound $0.10 $0.08 $0.08
Enterprise size (planted acres) 1/ 539 539 539
Production practices: 1/
Percent dryland 52 52 52
Percent irrigated 48 48 48
 
1/ 2015-2017 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.
 
Last Updated on 5/1/2019