Cotton Gin Operating Costs in the Midsouth 1968-69 and 1969-70

Zolon M. Looney and Dale L. Shaw

No 313177, Marketing Research Reports from United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program

Abstract: Gin operating costs in the Midsouth were analyzed for 1968-69 and 1969-70 on the basis of a sample of 48 plants representing over 8 percent of the total ginning capacity of the region. Capacity utilization rates and ginning volumes were down in 1969-70, compared with 1968-69, while per bale operating costs were generally higher. Average capacity utilization declined from 54 percent in 1968-69 to 49 percent in 1969-70, while average total cost per bale increased from $16.33 to $18.05. All overhead costs were up in 1969-70, due mainly to reduced volumes; variable costs rose as a result of general price increases.

Keywords: Crop Production/Industries; Labor and Human Capital; Production Economics; Productivity Analysis; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 14
Date: 1971-12
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uamsmr:313177

DOI: 10.22004/ag.econ.313177

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