Projections for Planning Purposes Only -- Not to be Used without Updating
2015 Estimated Costs and Returns per Acre
Irrigated Cotton - Pivot - 122 Acres
South Plains Extension District - 2
Crop Acres
122
REVENUE
Cotton Lint
Cottonseed
Total Revenue
Quantity
1,250.00
0.89
Units
Pound
Ton
$/Unit
$0.60
$180.00
Total
$750.00
$159.84
$909.84
VARIABLE COSTS
Production Costs
Custom
Strip and Module - Cotton
Ginning - Cotton
Fertilizer Application - Liquid High
Scouting
Fertilizer
Fertilizer (P) - Liquid
Fertilizer (N) - Liquid
Herbicide
Herbicide - Cotton Preplant
Herbicide - Cotton At Plant
Herbicide - Cotton Postplant
Spot Spray and Chemical
Insecticide
Insecticide and Apply Cotton
Boll Weevil Assessment Irrigated
Seed
Seed - Cotton Irrigated
Seed - Cotton Irrigated Tech Fee
Miscellaneous
Crop Insurance Cotton - Irrigated
Other Chemicals
Harvest Aid Apply Cotton Irrigated
Other Labor
Hoeing
Irrigation
Energy Cost
Irrigation Labor
Machinery Labor
Tractors/Self-Propelled
Diesel Fuel
Tractors/Self-Propelled
Gasoline
Pickup/General Use Equipment
Repairs & Maintenance
Pickup/General Use Equipment
Irrigation Equipment
Tractors/Self-Propelled
Implements
Interest on Credit Line
Total Variable Costs
Planned Returns Above Variable Costs:
Breakeven Price to Cover Variable Costs
Quantity
Units
$/Unit
Total
FIXED COSTS
Equipment Investment
Pickup/General Use Equipment
Irrigation Equipment
Tractors/Self-Propelled
Implements
Whole Farm Insurance
Cash Rent - Cotton Irrigated
Total Fixed Costs
Total Specified Costs
Quantity
1250
44.64
1
1
Pound
CWT
Acre
Acre
$0.08
$3.10
$4.75
$9.00
$100.00
$138.38
$4.75
$9.00
$12,200.00
$16,882.85
$579.50
$1,098.00
50
125
Pound
Pound
$0.74
$0.58
$36.75
$72.25
$4,483.50
$8,814.50
1
1
1
0.2
Acre
Acre
Acre
Acre
$8.75
$5.75
$26.75
$15.00
$8.75
$5.75
$26.75
$3.00
$1,067.50
$701.50
$3,263.50
$366.00
1
1
Acre
Acre
$12.00
$1.00
$12.00
$1.00
$1,464.00
$122.00
$0.63
$0.78
$32.76
$40.56
$3,996.72
$4,948.32
52 Thousand
52 Thousand
1
Acre
$40.00
$40.00
$4,880.00
1
Acre
$25.00
$25.00
$3,050.00
0.2
Acre
$15.00
$3.00
$366.00
AcreInch
Hour
$9.00
$12.00
$108.00
$10.80
$13,176.00
$1,317.60
Hour
$12.00
$19.20
$2,342.40
4
Gallon
$3.00
$12.00
$1,464.00
2
Gallon
$2.25
$4.50
$549.00
1
1
1
1
Acre
Acre
Acre
Acre
$1.75
$21.00
$5.83
$15.68
6.00%
$0.50
$21.00
$6.00
$3.00
$15.35
$760.06
$149.78
$61.00
$2,562.00
$732.00
$366.00
$1,872.87
$92,726.76
$18,273.72
12.00
0.90
1.6
$0.48
$17.89
$785.72
$171.40
$142.90
1
1
Units
Dollars
Dollars
Dollars
Dollars
Acre
Acre
$/Unit
Pound
Total
7.00%
7.00%
7.00%
7.00%
$2.00
$100.00
$1.25
$55.00
$12.00
$10.00
$2.00
$100.00
$180.25
$940.31
Returns Above Specifiied Costs
Breakeven Price to Cover Total Costs
Enterprise
Total
$91,500.00
$19,500.48
$111,000.48
Enterprise
Total
($30.47)
$0.62
Enterprise
Total
$152.78
$6,710.01
$1,463.76
$1,220.37
$244.00
$12,200.00
$21,990.91
$114,717.67
($3,717.19)
Pound
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Pound
937.50
1125.00
1250.00
1375.00
1562.50
Price Needed to Cover
Price Needed to Cover
Example Variable Costs Example Total Costs
Own/Rent ShareTenant Own/Rent ShareTenant
$0.64
$0.64
$0.83
$0.83
$0.53
$0.53
$0.69
$0.69
$0.48
$0.48
$0.62
$0.62
$0.44
$0.44
$0.57
$0.57
$0.38
$0.38
$0.50
$0.50
Landlord
$0.00
$0.00
$0.00
$0.00
$0.00
Developed by Jackie Smith, Professor and Extension Economist, Texas A&M AgriLife Extension.
Information presented is prepared solely as a general guide and not intended to recognize or predict the costs
and returns from any one operation. Brand names are mentioned only as examples and imply no endorsement.