PCG Annual Meeting Addresses Broad Range of Industry Concerns

Friday,April 4, 2003                      By Shawn Wade

      The46th gathering of the Plains Cotton Growers, Inc. membership allowed growersthe opportunity to hear the latest news from Washington, DC and get a betterunderstanding of world trade issues and how they could affect producers in thefuture.

      Featuredspeakers at the PCG meeting were John Maguire, Vice President-WashingtonOperations for the National Cotton Council; Ann Jorgensen, Director-ExternalAffairs for USDA’s Risk Management Agency; and Dr. Mechel Paggi,Director-Center for Agricultural Business at California StateUniversity-Fresno.

      Duringthe meeting PCG President Mark Williams, who also serves as Chairman of theAmerican Cotton Producers, presented his report on PCG work over the past year.He noted the positive results achieved on PCG’s priority issues such as passageand implementation of the Farm Security and Rural Investment Act of 2002, whichis designed to strengthen agriculture’s economic safety net, and theAgricultural Assistance Act of 2003, which addresses yield disasters in the2001 and 2002 growing seasons.

      PCGPresident Mark Williams also presented Kerry Siders, Hockley-Cochran IntegratedPest Management (IPM) agent, with the 2002 Cotton Agent of the Year Award inrecognition of his efforts on behalf of the High Plains cotton industry.

      Followingthe PCG Annual Meeting, the PCG Board convened its scheduled quarterlyDirectors meeting to elect 2003-04 officers and to select the 2003-04 PCGExecutive Committee.

      During the meeting the PCG Board voted unanimously to re-elect President MarkWilliams, of Farwell, Vice President Rickey Bearden, of Plains, andSecretary-Treasurer Mike Hughes, of Lamesa, as allowed by the organization’sBy-Laws.

      Alsoselected at the PCG Board meeting were members of the 2003-04 PCG ExecutiveCommittee. The PCG service area is divided into three districts from whichthree representatives are selected to serve on the PCG Executive Committee.

      Thenine elected members serve with the current PCG officers and two most recentPCG past presidents as Executive Committee members.

     The2003-04 PCG Executive Committee is made up of the following:

 

 

District One:

James L. Brown

 

Dan B. Smith

 

Kevin Riley

District Two:

Scott Harmon

 

Eugene Bednarz

 

Craig Heinrich

District Three:

Wesley Butchee

 

Russell Lepard

 

Shawn Holladay

PCG President

Mark Williams

PCG Vice President

Rickey Bearden

PCG Secretary-Treasurer

Mike Hughes

Past President

Ronnie Hopper

Past President

Don Langston

 

Average Price Received Through February

      Counter-cyclical payments for the2002-crop cotton are calculated using the weighted average price received byfarmers for the 2002-2003 Upland cotton marketing year.

      The following table shows theaverage price received each month by farmers and the associated weightedaverage price based on cumulative marketings through each month.

Farm Prices ForUpland Cotton

CropYear 2002-03

(Weighted by Marketings)

Month

Marketings

Prices

 

(000’s of Running Bales)

(Cents/Lb.)

 

Monthly

Cum.

Monthly

Weighted

August

354

354

33.00

33.00

September

412

766

35.20

34.18

October

749

1,515

39.00

36.56

November

1,417

2,932

41.90

39.14

December

2,380

5,312

42.10

40.47

January

1,980

7,292

44.00

41.43

February

1,374

8,666

45.20

42.03

March *

NA

NA

44.50

NA

Source: USDA-NASS      *Marchprice is a preliminary estimate