Biomass Energy Data Book: Edition 4 - Full Document - Center for ...

Section: FEEDSTOCKS
Cotton Production Costs and Returns per Planted Acre by Region, Excluding Government Payments, 2009-2010 a
(dollars per planted acre)
Item
Gross value of production
2009 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 2010
Primary product: Cotton 365.58 620.65 478.44 795.75 268.80 550.63 495.60 603.20 604.35 1058.81 410.85 715.92
Secondary product: Cottonseed 80.20 99.15 114.64 154.44 62.16 90.16 80.16 85.40 123.80 166.76 96.64 121.92
Total, gross value of production
Operating costs:
445.78 719.80 593.08 950.19 330.96 640.79 575.76 688.60 728.15 1225.57 507.49 837.84
Seed 73.52 81.38 121.43 132.85 56.91 62.27 82.56 90.32 76.16 83.32 103.56 113.30
Fertilizer b
Southern
Mississippi
United States Heartland Prarie Gateway Seaboard Fruitful Rim Portal
92.29 73.54 116.96 89.98 53.70 41.32 145.23 111.73 121.56 93.52 124.15 95.51
Chemicals 67.97 68.35 90.29 88.65 42.68 41.90 91.42 89.76 98.98 97.17 105.66 103.74
Custom operations 22.11 22.86 14.18 14.36 13.97 14.15 22.97 23.26 62.71 63.50 29.18 29.54
Fuel, lube, and electricity 40.15 50.81 40.72 51.85 41.47 53.49 34.17 41.83 75.05 95.31 30.66 39.25
Repairs 33.74 34.42 43.35 44.18 31.58 32.18 33.94 34.59 36.57 37.27 39.57 40.32
Ginning 101.64 127.64 135.53 164.34 79.38 116.72 113.81 105.19 188.63 225.62 119.63 152.76
Purchased irrigation water 2.86 3.03 0.00 0.00 0.00 0.00 0.00 0.00 36.58 37.04 0.00 0.00
Interest on operating capital 0.63 0.46 0.82 0.59 0.46 0.36 0.76 0.50 1.01 0.73 0.80 0.57
Total, operating costs
Allocated overhead:
434.91 462.49 563.28 586.80 320.15 362.39 524.86 497.18 697.25 733.48 553.21 574.99
Hired labor 14.26 14.50 17.54 17.73 11.94 12.07 13.46 13.60 27.43 27.72 16.63 16.81
Opportunity cost of unpaid labor 26.11 26.10 27.44 27.73 29.20 29.51 20.70 20.92 32.81 33.17 20.41 20.63
Capital recovery of machinery and equipment 128.49 132.32 176.89 181.67 117.18 120.35 129.34 132.84 149.18 153.21 149.51 153.55
Opportunity cost of land (rental rate) 67.18 70.79 101.85 104.87 40.50 41.71 82.48 84.93 115.32 118.74 103.80 106.88
Taxes and insurance 7.43 7.60 6.82 6.92 6.30 6.40 7.78 7.90 10.20 10.35 9.50 9.64
General farm overhead 15.62 16.16 13.80 14.07 12.12 12.35 18.24 18.59 27.04 27.55 19.20 19.57
Total, allocated overhead 259.09 267.47 344.34 352.99 217.24 222.39 272.00 278.78 361.98 370.74 319.05 327.08
Total costs listed 694.00 729.96 907.62 939.79 537.39 584.78 796.86 775.96 1,059.23 1,104.22 872.26 902.07
Value of production less total costs listed -248.22 -10.16 -314.54 10.40 -206.43 56.01 -221.10 -87.36 -331.08 121.35 -364.77 -64.23
Value of production less operating costs 10.87 257.31 29.80 363.39 10.81 278.40 50.90 191.42 30.90 492.09 -45.72 262.85
Supporting information:
Cotton Yield (pounds per planted acre) 620 766 886 1061 480 697 826 754 765 937 747 942
Price (dollars per pound) 0.59 0.81 0.54 0.75 0.56 0.79 0.6 0.8 0.79 1.13 0.55 0.76
Cottonseed Yield (pounds per planted acre) 1,003 1,239 1,433 1,716 777 1,127 1,336 1,220 1,238 1,516 1,208 1,524
Price (dollars per pound) 0.08 0.08 0.08 0.09 0.08 0.08 0.06 0.07 0.10 0.11 0.08 0.08
Enterprise size (planted acres) a
687 687 861 861 770 770 453 453 507 507 954 954
Production practices: a
Irrigated (percent) 43 43 61 61 46 46 28 28 57 57 45 45
Dryland (percent) 57 57 39 39 54 54 72 72 43 43 55 55
Source:
Economic Research Service, U.S. Department of Agriculture,
http://www.ers.usda.gov/data/costsandreturns/testpick.htm
a Developed from survey base year, 2007.
b Commercial fertilizer, soil conditioners, and manure.
Biomass Energy Data Book – 2011 – http://cta.ornl.gov/bedb