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Cost of Storing and Handling Cotton at Public Storage Facilities, 1968-69, with Projections for 1969-70 and 1970-71

Author

Listed:
  • Ghetti, Joseph L.
  • Chandler, Whitman M., Jr.
  • Glade, Edward H., Jr.
  • Cleveland, Ollie A., Jr.

Abstract

Increased costs of major inputs and reductions in stock available for storage have caused average storage cost to increase over 50 percent since fiscal 1964-65. Substantial increases were also noted in most variable cost items but the increases were not as marked. These conclusions are based on an analysis of accounting and operational data collected from a sample of 120 warehouses and compresses. These firms represent about 36 percent of the total storage space approved in 1968-69 for storing and handling cotton owned and/or controlled by the Commodity Credit Corporation. Data developed from records and accounts of participating firms also were used to develop cost estimates for 1969-70 based on current estimates of production and disappearance. Estimates of competitive rates and costs for 1970-71 were also developed based on projected disappearance and on crops of 10, 12, and 14 million bales.

Suggested Citation

  • Ghetti, Joseph L. & Chandler, Whitman M., Jr. & Glade, Edward H., Jr. & Cleveland, Ollie A., Jr., 1970. "Cost of Storing and Handling Cotton at Public Storage Facilities, 1968-69, with Projections for 1969-70 and 1970-71," Miscellaneous Publications 322790, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:322790
    DOI: 10.22004/ag.econ.322790
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