Cotton, like many other agricultural goods, is sold in bales. These large bundles are stored at warehouses belonging to the cotton suppliers and dealers who bought them before they distribute them for their final use. The weight of a standard Indian bale will usually be around 375 pounds while that of an American one ranges from 470-480 pounds. There are usually variations due to different ginning operations and suppliers. A module consists of 13 to 15 such heavy packs.
Just how much does a bale of cotton cost?
The cost of cotton will depend on a number of factors, including length and strength. However, some metrics may also come into play; the IRS recommends $0.70 to $0.80 per pound for standard commodity bales weighing 500 pounds at most (470 is average).
Despite being lightweight and compact, cotton fabric is not always easy to transport. Retailers online sell small two-inch bales for $8 or 18-inch bales for $65 with a price of cotton fabric per foot ranging from 50 cents to one dollar.
Doing the math, the average bale at 470 pounds can cost $329. But like the stock market, it will also depend on the usual market conditions. You should be prepared to pay anywhere between as little as $0.60 to more than $1.50 per pound.
Any extra costs to expect?
Shipping charges will more than likely apply to any of the orders you make., especially depending on the quantity and the buyer you do business with.
Important tips to remember
Cotton is a versatile crop with many uses. It can be used as food, feed or fiber and its natural comfort has made it the most popular fabric in the world. China leads cotton production followed by India; while 17 states produce cotton to some degree, Texas is the number one state to produce cotton in the United States.
Cotton is a crop that has been grown for thousands of years and continues to be an important commodity. Depending on the geographical location, cotton can usually start being planted in February or as late as June with harvesting taking place between July-November depending upon the climate where it is planted. A bale of cotton can make a little more than 1,000 t-shirts. The average acre yields about 685 pounds which equals $500 per acre.
How much does it cost to produce cotton? The average price a farmer spends ranges from 60 cents – 70 cents per acre in operating costs like seed, fertilizer, and fuel when all factors are considered.
Is there any way to spend less on cotton?
Many exporters and suppliers have an online store where you can talk to them directly. Contact at least three of these companies to know more about their pricing, what they offer, and if it’s a good fit for your needs. Like with any other online website, always make sure that you check for discounts or available coupons. Even if you can’t find ongoing discounted offers, ask if you get any discounts when buying in bulk.
You should also try to buy from local farmers, when possible. Doing so could help you save on shipping costs.