Cotton Production Costs and Returns: Fruitful Rim

 

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

Item 2016 2017 2018
  Dollars per planted acre
Gross value of production:
Primary product: Cotton $801.36 $721.60 $732.60
Secondary product: Cottonseed $169.84 $128.07 $131.67
  Total, gross value of production $971.20 $849.67 $864.27
Operating costs:
Seed $83.81 $82.67 $81.70
Fertilizer  2/ $90.80 $81.60 $78.27
Chemicals $97.40 $94.83 $94.00
Custom operations $31.48 $30.61 $31.18
Fuel, lube, and electricity $67.69 $76.19 $80.33
Repairs $64.10 $65.25 $67.49
Ginning $196.01 $175.33 $150.19
Purchased irrigation water $36.32 $35.31 $35.97
Interest on operating inputs $1.54 $3.37 $6.47
  Total, operating costs $669.15 $645.16 $625.60
Allocated overhead:
Hired labor $37.31 $38.34 $40.66
Opportunity cost of unpaid labor $30.31 $31.14 $33.03
Capital recovery of machinery and equipment $200.76 $205.11 $207.02
Opportunity cost of land $148.49 $148.49 $157.14
Taxes and insurance $14.27 $15.20 $15.30
General farm overhead $32.03 $32.60 $33.72
  Total, allocated overhead $463.17 $470.88 $486.87
Total costs listed $1,132.32 $1,116.04 $1,112.47
 
Value of production less total costs listed ($161.12) ($266.37) ($248.20)
Value of production less operating costs $302.05 $204.51 $238.67
 
Supporting information:
Cotton Yield: pounds per planted acre 954 880 740
Price: dollars per pound $0.84 $0.82 $0.99
Cottonseed Yield: pounds per planted acre 1,544 1,423 1,197
Price: dollars per pound $0.11 $0.09 $0.11
Enterprise size (planted acres) 1/ 370 370 370
Production practices: 1/
Percent dryland 46 46 46
Percent irrigated 54 54 54
 
1/ 2015-2017 estimates developed from survey base year, 2015.
2/ Commercial fertilizer, soil conditioners, and manure.

Last Updated on 5/1/2019