A Commodity Marketing Association
Registered through the USDA Farm Service Agency Program
The USCGA Pool has had a Marketing Agreement with ECOM USA Inc. since 1998 to market and export all cotton produced from members under the USCGA Pool. ECOM USA Inc. charges a marketing fee for every bale produced each year.
ECOM USA Inc. makes sales to textile mills throughout the world, including local mills in the United States. Revenues from these sales go directly back to the USCGA. Each Pool within the USCGA stands alone.
ECOM USA Inc. uses its knowledge of markets, the marketplace, export programs, and other considerations to allocate USCGA cotton into each sale. By using this method, the USCGA Pool has the ability to take full advantage of all aspects of marketing and merchandising.
Each Pool within the USCGA is set up geographically. Each GMP (Guaranteed Minimum Price) pool is also set up by price structure. Local advisory boards help decide on issues such as payment dates, pool structure and terms and other issues affecting local producers.
History of ECOM Group of Companies.
The ECOM Group originated from Barcelona, Spain, during the 1840's. From these foundations, ECOM has grown into an international group of companies. The Groups' orginal focus in the Americas is now paralleled by operations in Asia, Africa, Europe and the Pacific sub-continent regions.
In 1885, the Group expanded from Spain to New York. The American operation moved to Savannah, Georgia then to New Orleans, Louisianna before centering in Dallas, Texas. From the united States, the Group established businesses in Brazil in 1935 and in Mexico in 1948; these operations expanded throughout North, Central and South America.
With the increasing levels of business, offices and agencies were established throughout the world. Today, ECOM Agroindustrial Corp. Ltd is a leading processor and merchandiser of coffee, cotton and cocoa in major producing and consuming countries, with ancillary agricultural operations in oilseeds and hogs. |