Staplcotn
Information
Founded in 1921, Staple Cotton Cooperative Association (Staplcotn)
is the oldest and one of the largest cotton marketing cooperatives
in the United States. We provide a range of services to our
members, including: domestic and export marketing; cotton
warehousing; and agricultural financing, which is available through
Stapldiscount, the lending arm of Staplcotn. Staplcotn is a 100%
producer-owned company. We presently handle a total of nearly
14,000 farm accounts in 11 states – Mississippi, Louisiana,
Arkansas, Missouri, Tennessee, Alabama, Florida, Georgia, North
Carolina, South Carolina and Virginia. Total membership in the
Association, consisting exclusively of growers and share rent
landlords, is 6,688 members who are located in 46 states. This
membership includes marketing, warehouse and Stapldiscount patrons.
Cotton producers, who have opted to market their cotton through
Staplcotn, have essentially joined together to globally sell their
crops as one company. They do not “sell” their cotton to the
Association; they simply sign an agreement passing title for any
cotton he or she produces on a particular farm directly to
Staplcotn. The cotton is then marketed in Staplcotn’s name by the
company’s professional marketing staff under the guidelines set by
the Board of Directors. (See Mill Sales Program for more details.)
The proceeds from Staplcotn’s marketing efforts are distributed to
the membership based upon the quantity and quality delivered.
Staplcotn’s inventory averages between 2–3 million bales of
U.S.-grown, Memphis/Eastern upland cotton annually. Our producers’
crops consistently meet the expectations of textile mills around
the world. Not only do our members produce quality cotton, but
Staplcotn delivers every bale with the highest service and
integrity. With more than 90 years of experience in the industry,
Staplcotn has gained and maintained the highly regarded reputation
of the cotton company that can be trusted to perform for our
membership as well as our textile customers.
http://www.staplcotn.com/