Calcot’s Legacy

Calcot’s history is unique in the American cotton industry, as it’s as much the history of modern cotton production in the Far West as it is a corporate history. Understanding the history of the challenges faced by irrigated cotton producers in literally creating a multi-billion dollar industry from the ground up is key to understanding what makes our agricultural marketing cooperative unique.

With this in mind, and to better tell our story, we have put together a historic timeline. Included are key developments prior to and during our 1927 beginnings that were highly significant and influential in our founders’ decision to form a marketing cooperative, as well as other pivotal and subsequent events which have helped shape our cooperative into what it is today.

<ul class="timeline"><li><span class="desc"><h4>1922:</h4><span class="disc"></span> Capper-Volstead Act is passed by Congress and signed into law by President Warren G. Harding, granting farmers certain exemptions from U.S. antitrust laws and permitting the legal formation of Cooperative Marketing Associations<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1927:</h4><span class="disc"></span> San Joaquin Cotton Growers Association is organized in Delano, California. Spearheading the effort is cotton producer Frank Green<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1930:</h4><span class="disc"></span> In a period of financial crisis, C.C. Selden becomes manager<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1930:</h4><span class="disc"></span> Lloyd W. Frick is elected president (today, chairman) of the board of directors<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1931:</h4><span class="disc"></span> Headquarters move to Bakersfield, California, and the co-op is renamed the California Cotton Cooperative Association (CCCA)<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1936:</h4><span class="disc"></span> CCCA initiates its own ginning program<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1939:</h4><span class="disc"></span> CCCA severs ties with American Cotton Cooperative Association<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1944:</h4><span class="disc"></span> Struggling in the wake of the Depression and World War II, Frick finds and convinces board to hire J. Russell Kennedy, who brings innovative ideas to cooperative marketing in California, particularly the Seasonal Pool<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1945:</h4><span class="disc"></span> CCCA begins taking title to cotton bales and marketing cotton on members' behalf, instead of buying it outright, paying an initial advance at delivery, followed by progress payments and a final settlement<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1947:</h4><span class="disc"></span> First CCCA warehouses built<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1950:</h4><span class="disc"></span> CCCA offers first financing to co-op cotton gins<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1951:</h4><span class="disc"></span> CCCA buys warehousing complex in Pinedale, Calif., just north of Fresno<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1953:</h4><span class="disc"></span> Board officially changes name to Calcot Ltd., following long used shortened form of CCCA<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1955:</h4><span class="disc"></span> Arizona farmers join Calcot<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1957:</h4><span class="disc"></span> Calcot begins building warehouses in Glendale, Ariz.<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1959:</h4><span class="disc"></span> Calcot greatly expands and remodels a new headquarters in Bakersfield<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1961:</h4><span class="disc"></span> Warehousing space is built in Imperial, Calif.<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1971:</h4><span class="disc"></span> Kennedy retires, and G.L. 'Sam' Seitz becomes president; Amcot is formed between partners Calcot, Plains Cotton Cooperative Association, Staplcotn and Southwestern Irrigated Cotton Growers (SWIG)<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1973:</h4><span class="disc"></span> Calcot becomes first Western company to sell directly to China<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1977:</h4><span class="disc"></span> A new warehousing complex is built in Hanford, Calif., as volume expands to as many as two million bales; Seitz retires and T.W. 'Tom' Smith begins 25-year tenure as president<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1980s:</h4><span class="disc"></span> Record volume of two million bales is reached; record revenue of one billion dollars; Calcot is the nation's largest U.S. cotton exporter, shipping roughly 2,500 bales each and every workday to West Coast ports<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1989:</h4><span class="disc"></span> 'Zero Contamination' Program initiated; additional marketing options introduced for members<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1994:</h4><span class="disc"></span> Calcot makes a record single sale of 233,000 bales to China<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1998:</h4><span class="disc"></span> Pinedale property is shuttered, redeveloped and sold to various investors and businesses<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>1999:</h4><span class="disc"></span> Calcot becomes involved in almond marketing but exits the business two years later; Imperial facility is closed and sold<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2001:</h4><span class="disc"></span> Cotton prices reach record lows and many growers begin removing cotton from their crop plans, particularly in California, turning instead to 'permanent' crops, especially almond orchards<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2002:</h4><span class="disc"></span> Smith retires in lieu of his eventual successor, Robert W. 'Bob' Norris<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2005:</h4><span class="disc"></span> Cotton from South Texas enters the cooperative for the first time as producers in the Gulf Coast approach the company for membership<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2006:</h4><span class="disc"></span> Calcot acquires the members and assets of SWIG<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2009:</h4><span class="disc"></span> Norris retires; Jarral T. Neeper is the seventh president in Calcot history<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2011:</h4><span class="disc"></span> Cotton prices reach record highs and in 2012 Calcot will pay out the highest prices ever paid to members<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2017:</h4><span class="disc"></span> The Hanford, Calif., facility is sold; Calcot receives its 70 millionth bale from members<!-- [et_pb_line_break_holder] --></span></li><li><span class="desc"><h4>2018:</h4><span class="disc"></span> Paul E. Bush becomes president</span></li></ul><!-- [et_pb_line_break_holder] -->

Thank you for your interest in Calcot. Please contact us if you have questions or would like additional information.