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At its 68th Annual Meeting, Lubbock-based Plains Cotton Cooperative Association announced further fiscal year-end cash distributions to its grower-owners totaling $21.32 million.The distributions, to be completed this month, consists of $8.99 million in cash dividends and $12.33 million in stock retirements. PCCA President and CEO Kevin Brinkley reported on PCCA’s results and work for its grower-owners throughout the fiscal year.“PCCA understands that it is necessary to accept an appropriate level of risk to make money for our farmers,” Brinkley said. “The board challenged staff to develop recommendations that would create new marketing opportunities and establish risk tolerances. The risk tolerances ...

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Lamesa Press-Reporter

P.O. Box 710
Lamesa, TX 79331
806-872-2177