2022-23 Directors​

  • Adam Durham
  • Barry Ezra
  • David Stanford
  • Mike Canale


Lubbock Cotton Exchange Leadership


The Executive Board is made up of the President, Vice-President, Immediate-Past President and the Secretary Treasurer.  We are committed to serving the members of the Exchange with integrity and leadership.   

Our Mission



Fran Jackson - ACG Cotton

Fran Jackson is the president of ACG Cotton Marketing LLC, located in Lubbock, Texas. She worked for ACG for about 17 years before becoming the owner in 2019.She and her husband, Lee, also own and operate a cotton farm in Lubbock County.


Ellen Batchelder- Cargill Cotton Co.

​Ellen Batchelder is a senior merchant for Cargill, originating cotton in Texas, Oklahoma, and Kansas.  She has worked for Cargill for over 11 years, trading corn, grain sorghum, wheat, soybeans, and cotton.  Ellen resides in Palacios, TX, where she grew up on her family’s cotton farm. 


1515  Texas Ave, STE. 208, Lubbock TX 79401 USA

Established 1947


Ursula Caswell - LCE


Ursula has served as Secretary of the Exchange since 2012. 


Past President

Shawn Canale- S. Canale Cotton

​Shawn entered the Cotton business in 1989 working for Dunavant Ent.
Five years later, he went to work for his family business at Canale Cotton Co. In 2009 he started his own Cotton merchandising company which he continues to own and operate today.

I am very blessed and honored to serve the Lubbock Cotton Exchange in any way I can.



From the original documents of the The Lubbock Cotton Exchange founded in 1947: 

"The purpose for which it is formed is to maintain a cotton exchange with powers to provide and maintain suitable rooms for the conduct of their business, and to establish and maintain unformity in commercial usages in cities and towns; to acquire, preserve, and disseminate valuable business information; to adopt rules, regulations, and standards of classification which shall govern all transactions connected with the cotton trade and with other commodities where standards and classifications are required; and generally to promote the interest of trade and increase the facilities of commercial transactions."


Although times have certainly changed since these documents were incorporated; the Cotton Exchange serves as a reminder of our cotton heritage.  We have members from across the United States who serve both domestic and foreign markets. Our members participate in the production, buying, selling, financing, trading, and shipping cotton worldwide.  Technological advances and the global scope of business have altered our ways of trading, mostly for the better.  But we still adhere to many of the original intentions such as disseminating valuable business information, establishing uniform trading rules, and promoting the general interest of cotton trade.


Thank you for taking the time to learn more about the Lubbock Cotton Exchange.