|
Accession Number
|
PB2013-103068
|
|
Title
|
Characteristics and Production Costs of U.S. Cotton Farms, 2007.
|
|
Publication Date
|
Dec 2012
|
|
Media Count
|
57p
|
|
Personal Author
|
L. Foreman
|
|
Abstract
|
Agricultural Resource Management Survey (ARMS) data for 2007 highlight the production practices and costs related to the cotton enterprise, as well as the characteristics of U.S. cotton farm operations. Combining ARMS data with ERS cost-of-cotton production estimates for 2007 provides a 1-year snapshot of cotton producers. For instance, low-cost producers reported higher yields and lower levels of major inputs per planted cotton acre than mid- and high-cost producers in 2007. Southwest producers accounted for a larger share of the smaller U.S. cotton crop in 2007 due to their lower cotton production costs and lack of alternative crops. Most U.S. cotton is produced on very large diversifi ed farm operations, with cotton often constituting a small share of these operations total acres. In contrast, producers with larger cotton enterprises in 2007 relied more on their cotton crop, making them vulnerable to changes in cotton prices or yields. These producers, however, were also more likely to offset greater risks by purchasing revenue insurance on cotton.
|
|
Keywords
|
Agricultural economics
Agricultural Resource Management Survey(ARMS)
Characteristics
Cost analysis
Cotton plants
Farms
Fertilizers
Operating costs
Production
Seeds
United States
Yield
|
|
|
Source Agency
|
Economic Research Service
|
|
NTIS Subject Category
|
98B - Agricultural Economics
96A - Domestic Commerce, Marketing, & Economics
|
|
Corporate Author
|
Economic Research Service, Washington, DC.
|
|
Document Type
|
Technical report
|
|
Title Note
|
Economic information bulletin.
|
|
NTIS Issue Number
|
1310
|
|
Contract Number
|
N/A
|
