Autauga Quality Cotton Association

"providers of quality u.s. cotton"

January 20, 2010

Dear AQCA member,

            Autauga Quality Cotton Association is pleased to announce a progress payment on the 2009 crop. The payment will be six cent per pound on Seasonal pool bales and 8 cent per pound on Aggressive pool bales.

 January Total 
Paymentto Date
Aggressive Pool 800 points12 cent/pound over full government loan
Seasonal Pool600 points 10 cent/pound over full government loan
   

            The total price received thus far by an AQCA member for an average grade bale expressed in Rule 5 terms is:

Aggressive Pool       66 cent/pound

Seasonal Pool          64 cent/pound

 Since members are paid based on their own individual government loan value the higher it exceeds the average the greater their price received. Our next equity review on the 2009 crop will be in March.  

Sincerely,

Jeff Thompson

Executive Vice President