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At its 67th Annual Meeting, Lubbock-based Plains Cotton Cooperative Association announced fiscal year-end further cash distribution to its growerowners totaling $24.73 million. The distribution, to be completed this month, consists of $9.59 million in cash dividends and $15.14 million in stock retirements. As of June 30, 2020, PCCA’s Warehouse Division had received 1,428,923 bales, the sixth largest crop in PCCA history. PCCA President and CEO Kevin Brinkley reported on PCCA’s results and activity in the cotton market throughout this fiscal year. “It was a bruising year in the cotton market,” Brinkley said. “On January 15, 2020, the U.S. and China agreed to end the ...

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Lamesa Press-Reporter

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