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Cotton Farming in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cotton Farming Market Research Report | NAICS 11192 | Dec 2013

Spinning cotton: Increasing global competition and diminishing assistance will oscillate revenue

The Cotton Farming market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 08-13
3.0%
Annual Growth 13-18
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Profit
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Employment
23,525
Businesses
7,819
Industry Analysis & Industry Trends

Cotton farmers have withstood extreme volatility over the five years to 2013, especially as a result of world cotton shortages, which prompted US growers to increase exports. However, most recently, deteriorating revenue has been a result of plummeting world cotton prices, the receding level of industry assistance programs and record-high stockpiles. Unsurprisingly, the next five years, from 2013-2018, are anticipated to exhibit much of the same volatility and uncertainty for cotton farmers... purchase to read more

Industry Report - Starting a New Business Chapter

Overall, there are few barriers to entry into cotton farming. Generally, most inputs are readily available, and there are often a number of farms available for sale. Nonetheless, possible barriers include capital investment requirements, restricted access to water and lack of access to credit. New participants must raise up-front funds to purchase land for cropping, buildings and general farm machinery. Other typical capital expenditure costs include the purchase of fencing, cotton storage facilities, tractors, harvesting machinery, spraying equipment and irrigation systems. For enterprises already engaged in other cropping, the cost of establishment is significantly lower. Nonetheless, cotton picking requires some specialized machinery including a cotton picker and module builder... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cotton Farming Industry?

Farms in this industry primarily grow cotton, which is typically used in textile manufacturing, while the plant’s cottonseed is exploited for its oil and used in some livestock feeds. Moreover, at least half of all cotton produced domestically is exported to overseas textile producers.

Industry Products
Upland cotton lintAmerican PimaCottonseed
 
Industry Activities
Cotton farmingCottonseed production


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