Excerpt from the report: U.S. cotton sales in 1986 amounted to $2.9 billion, the lowest since 1975. Only 15,300 farms had 50 percent or more of their value of production in cotton in 1986. About 9,285 cotton farms in this category also had at least $40,000 in total agricultural production. This report focuses on the revenues, costs, and finances of these specialized cotton farms in 1986. This report also provides general information on all farms producing cotton. The data on which this report is based are from the 1986 Farm Costs and Returns Survey.