- Apr 23, 2016
Great thread, but I think we've got at least three, separate conversations going on here.
There is no average cost of production and shipping because everyone's circumstances were different. Even if we could find an "average," it would be meaningless for this reason.
Plus, there were different categories of cotton when brought to market - as many as six to eight, from OK to really good. Price per pound could be double for the really high quality stuff vs. the just stuff.
I am referring to short staple cotton, which was the most sought after in the U.S. and British markets. The market price tanked for virtually all of the 1820s and into the early 1830s. It rose somewhat but tanked again near the end of that decade and stayed low until the early 1850s. The price never got higher than the prices in 1815-1818 before the war.