Commentator Logo

Table of Contents

Vol. 34, No. 2 | Summer 2001

Download Issue (PDF)

Winds of Change

Undoubtedly the past year has been the most difficult and challenging that we have faced here at PCCA in a long, long time. We started with a huge acreage abandonment last season hurting our overall volume. Then, an unprecedented bear market dropped cotton prices by 30 cents per pound over a period of months making… Read more »

Read Full Article

“Asian Flu” Forces Changes at Mission Valley Fabrics

A three-year epidemic of “Asian flu” has had a devastating effect on the United States. While this disease has not directly affected the health of U.S. citizens, it has drastically impacted the profitability and future of the U.S. textile industry through a continuing flood of cheap, imported textiles and apparel. The Textile Division of Plains… Read more »

Read Full Article

PCCA Develops Loss Allocation Plan

Not since 1985 has Plains Cotton Cooperative Association (PCCA) reported an overall net loss at year-end, but fiscal year 2001 will break the long-running streak. Although the cooperative’s annual, independent audit is just beginning, the outcome is certain, and management is finalizing a plan to allocate the losses. Heavy abandonment of 2000-crop cotton acres at… Read more »

Read Full Article

Local Cooperatives Find New Ways to Increase Earnings

As the climate in the agribusiness world becomes exceedingly hostile, local cooperatives are discovering new and inventive ways to increase earnings, distribute larger dividends or provide additional services to their members. Cucumber Shed The cotton market can be fickle; therefore, producers often seek alternative crops in an attempt to increase their profits and limit costly… Read more »

Read Full Article

Crop Conditions Vary Widely in the Southwest

Cotton Rows

Weather Conditions Becoming Critical in Some Areas Mother Nature always seems to be a topic of conversation among the cotton trade by mid-summer, and 2001 has been no different. Some areas in South Texas have adequate moisture while much of the rest of Texas, Oklahoma and Kansas are struggling – waiting for Mother Nature to… Read more »

Read Full Article

Texas Legislative Session Concludes

Ag and Rural Areas to Benefit from New Policies The 77th Texas Legislative Session came to a close at the end of May 2001. After meeting for 140 days, the Legislature created a path for Texas’ rural communities to walk successfully into the 21st Century. Responding to certain agricultural, economic and industrial woes in rural… Read more »

Read Full Article

Cotton Price Improvement Doubtful

Sunset

Economic Slowdown and Cheap Imports to Blame The International Cotton Advisory Committee shocked the market in July with a headline proclaiming “No Recovery in Sight for Cotton Prices.” The data contained in the story that followed was not fresh news to analysts, but the headline spelled out what most in the market were afraid to… Read more »

Read Full Article

Cotton Pickings

Delegate Body Representatives Recently, a number of PCCA delegate body representatives were elected or re-elected by their local coop gins. The following list was compiled through June 20, 2001. Coop Gin Delegates Acuff-McClung Brady Mimms Grassland Terry Laws Muleshoe Rusty Witt United Cotton Growers Bruce Turnipseed Comings & Goings A number of cooperative gins have… Read more »

Read Full Article

PCCA’s 48th Annual Stockholders Meeting

Will Be Held September 19, 2001, 2 p.m. at PCCA 3301 East 50th Street, Lubbock, Texas Board Nominations and Pool Committee Election Results PCCA Delegates have nominated the following candidates to stand for election to PCCA’s Board of Directors. The election will be held at the cooperative’s annual meeting. District 1 Charles Abernathy District 2 Riley… Read more »

Read Full Article