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.
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.
Blake Lorenz-Allenberg Cotton
Blake is a cotton trader of Louis Dreyfus Company origination cotton in Texas, Oklahoma, and Kansas. He joined LDC in 2017 to manage it's operation in Lubbock, YX and has worked in the cotton industry for 12 years. Blake and his family moved from Houston to Lubbock, TX in 2018.
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.
Ursula Caswell - LCE
Ursula has served as Secretary of the Exchange since 2012.
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.