B.C.T. Gin announces rebate
QUITMAN, Ga. — The Board of Directors at B.C.T. Gin Company, Inc. once again approved a rebate for customers for the 2017 cotton and peanut growers. The rebate for the 2017 crop totaled $1,381,426.26.
B.C.T. ginned a total of 100,527 bales and handled 39,010 tons of peanuts. The rebate was given for half cent a pound of lint weight ($2.50 per bale) and $11 per ton of cottonseed delivered. The gin also rebated $20 per ton of all graded peanuts.
B.C.T. now supports three ginning divisions, one in Berlin and two in Quitman. It has the capacity to gin up to 200,000 bales per season.
It also has three peanut buying points — one in Quitman, one in Pavo and one in Adel — with the capacity to handle up to 40,000 tons of peanuts, and it has a cotton warehouse facility in Moultrie.