Mill Option Program
PCCA members can share in the Textile Division's earnings by signing into the cooperative's mill option program between April 1 and June 30 for that crop year and all subsequent crop years until a sign-out form is executed. Members may sign into or out of the mill option program at their local cooperative gin.
Upon signing into PCCA's mill option program, the member authorizes the cooperative to withhold $5 per bale capital retain on cotton marketed through PCCA. This capital retain is held by PCCA for five years. After five years, the retain is returned in full to the member. In return, the member shares in the Division's annual earnings on a per unit basis each year the member participates in the mill option program. Members should contact their local cooperative gin or the PCCA office in their area for more information about PCCA's mill option program.