Sturctural Characteristics and Financial Performance of U.S. Cotton Farms

Date

1994

Authors

Dodson, C.
Johnson, P.

Journal Title

Journal ISSN

Volume Title

Publisher

National Cotton Council of America

Abstract

Over the 1991-92 period, U.S. cotton production was dominated by specialized farms, farms with annual sales greater than $250,000, and farms located in the De~ta / Southeast production region. Approximately two-thirds of cotton farms had positive net farm income in 1991 and 1992. Low yields, especially in the South Plains region, appeared to be a major factor explaining the negative net farm incomes. Despite the large number of cotton farms experiencing low incomes, a limited number of commercial farms were experiencing severe financial stress which was indicated by the combination of a debt/ asset ratio greater than 0.40 and negative net farm income. The proportion of commercial cotton farms experiencing severe financial stress was greater than other major farm types.

Description

Keywords

Citation

Johnson, P., C. Dodson. "Structural Characteristics and Financial Performance of U.S. Cotton Farms, 1991-92." Beltwide Cotton Conference, 1994.