US Cotton Growers Association
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Membership Benefits

USCGA Member Benefits

  • ECOM USA Inc offers a Guaranteed Minimum Price Pool and a Performance Pool for USCGA Members.
  • The Guaranteed Minimum Price Pool guarantees a minimum price in local terms over the loan value. This provides producers and lenders a foundation, while also enjoying upside price potential.
  • Profit enhancement mechanisms such as savings in carrying charges and government price support programs accrue to the benefit of the Pool and ultimately the equity paid over the GMP value.
  • The producer benefits from professional and knowledgeable risk management of ECOM USA Inc. that uses all tools available such as sales, futures and options to protect the value of the GMP.
  • The Performance Pool offers the Full Loan Value, however has the potential to return the USCGA member more under certain market conditions.

USCGA Member Commitment.

  • One Year term - USCGA members need not sign out of the Pool but Members must sign into the Pool each year.
  • South Texas USCGA members have until the end of December to enroll into the Pool.
  • Other growing regions have until the end of March each year to enroll their acres into the Pool.
  • All members of USCGA Pool must furnish accurate information about their crop, lein holders, landlords, and historical yield averages.
  • All members of USCGA Pool must advise ECOM USA Inc. each year accurate information about changes in yield estimates.

Payments

  • USCGA Members receive up to three payments during the Marketing Year.
  • The first Payment is made at harvest which is equal to the loan value, plus or minus quality differences.
  • The second payment is approximately three months after the harvest season.
  • The third and final payment is normally no later than fifteen days following the close of marketing year.
  • ECOM's objective is to pay more value on the front end of delivery than the back end to give members access to available funds.