Australian cotton is fetching more than $550 per bale in what has been a staggering change of sentiment for the industry in the past year. Global cotton prices have started 2021 in a sensational way, rising to above US80 cents per bushel on old crop contracts for the first time since 2018.
The price shown is in U.S. Dollars per pound. The current price of cotton as of January 11, 2023 is $0.8500 per pound.
Average net bale weight is 495 lbs. (for statistical purposes average bale weight is 480 lbs.)
Although different cotton-growing countries have their bale standards, for example, In the United States, cotton is usually measured at approximately 0.48 cubic meters (17 cubic feet) and weighs 226.8 kilograms (500 pounds). In India, the standard bale size is 170 kg.
The 2020-2021 marketing year average price was 66.30 cents, compared to the 2019-2020 marketing year of 59.60 cents, according to the National Agricultural Statistics Service, USDA.
On average, we can harvest from 2 to 4 tons (4400 to 8800 lbs.) of cotton per hectare, or 0,8 to 1,6 tons (1760 to 3527 lbs.) per acre.
US cotton wholesale price. In 2023, the approximate price range for US Cotton is between US$ 1.73 and US$ 1.83 per kilogram or between US$ 0.78 and US$ 0.83 per pound(lb). The price in Euro is EUR 1.73 per kg. The average price for a tonne is US$ 1725.78 in New York and Washington.
The price of Plain Cotton Fabric products is between ₹65 - ₹75 per Meter during Jan '22 - Dec '22.
The latest USDA 2022 cotton cost-of-production forecast is $803.51 per acre. In October, USDA projected the season-average cotton farm price for the 2022-23 marketing year at 90 cents per pound. For example, 900 pounds per acre at 90 cents per pound equals $810 per acre.
The salaries of Cotton Farmers in the US range from $33,110 to $113,140 , with a median salary of $64,170 . The middle 60% of Cotton Farmers makes $64,170, with the top 80% making $113,140.
Planting Cotton
Cotton plants are biennial plants, meaning that they can grow and produce for two growing seasons. However, this cotton is grown as an annual crop, meaning that the growers put all of their effort into the growing process to produce an optimal crop each year.
Spinning mill buys the cotton and sells yarn to the yarn dealers. 5.
One round bale holds 3.8 bales of cotton lint in a single bale.
If you check carefully, both are of the same weight as they weigh but, cotton occupies more space than iron i.e. volume of 1 kg cotton is greater than that of 1 kg iron.
Ginners thus make a uniform size and weight product that is 480 pounds, 54 inches long, 20 inches wide and a tie width of about 33 inches (there are allowable variations based on the fact that cotton is a natural product and not man-made).. The standard-sized cotton bale yields roughly 17 cubic feet of cotton fiber.
Cotton is fully mature and ready for harvesting approximately 160 days after being planted. Once the bolls have burst open, the farmers can prepare the cotton plants for harvesting. This occurs in mid-July for the southern parts of Texas, and in early September for the northern parts of the cotton belt.
How much does a Cotton Picker make? As of Jan 1, 2023, the average annual pay for a Cotton Picker in the United States is $30,230 a year. Just in case you need a simple salary calculator, that works out to be approximately $14.53 an hour. This is the equivalent of $581/week or $2,519/month.
This statistic shows the total cotton yield per harvested acre in the U.S. from 2001 to 2021. In 2021, the total cotton yield per harvested acre amounted to approximately 849 pounds.
Bale Density: A unit of measurement of weight per unit volume normally expressed as pounds per cubic foot. Density is calculated by dividing the net bale weight by the bale volume in cubic feet. Volume is determined by multiplying bale length, width and thickness dimensions expressed in feet.