National Cottonseed Products Association




REGIONAL SUMMARY OF U.S. COTTONSEED CRUSHINGS & STOCKS*
DECEMBER 2008	AZ/CA/OK/TX	OTHER STATES	TOTAL
SEED (tons) ....Beginning Stocks	642,474	716,572	1,359,046
Receipts	346,340	91,871	438,211
Shipped	20,922	16,183	37,105
Crushings	126,443	105,554	231,997
Ending Stocks	841,449	686,706	1,528,155

OIL ** (000 lbs) Beginning Stocks	37,190	53,087	90,277
Production	39,908	31,615	71,523
Shipments	40,468	36,212	76,680
Ending Stocks	36,631	48,490	85,120

MEAL (tons)....Beginning Stocks	38,773	17,664	56,437
Production	55,898	48,471	104,369
Shipments	58,861	47,429	106,290
Ending Stocks	35,810	18,706	54,516

HULLS (tons) Beginning Stocks	10,713	10,479	21,192
Production	35,567	27,910	63,477
Shipments	32,236	29,534	61,770
Ending Stocks	14,044	8,855	22,899

LINTERS - FIRST CUT (000 lbs)
Beginning Stocks	1,145	306	1,451
Production	1,225	1,286	2,511
Shipments	1,051	1,018	2,068
Ending Stocks	1,319	574	1,893

ALL OTHER CUTS
Beginning Stocks	4,784	2,380	7,163
Production	16,326	13,537	29,863
Shipments	14,192	12,957	27,149
Ending Stocks	6,918	2,959	9,877

OIL SHIPMENTS TO PORT (000 lbs)	withheld	withheld	withheld

* - Based on reports from 100% of active NCPA crusher members, representing 99% of crushing capacity
MONTHLY SUMMARY OF U.S. COTTONSEED CRUSHINGS & STOCKS*
	DECEMBER 2008	NOV 2008	YTD TOTALS
SEED (tons)..... Beginning Stocks	1,359,046	871,386
Receipts	438,211	727,999	1,930,538
Shipped	37,105	41,911	185,299
... Aug/Jul yr ... Crushings	231,997	198,428	941,643
Ending Stocks	1,528,155	1,359,046

OIL **(000 lbs) Beginning Stocks	90,277	87,851
Production	71,523	64,341	187,168
... Oct/Sep yr ... Shipments	76,680	61,915	202,742
Ending Stocks	85,120	90,277

MEAL (tons) ...Beginning Stocks	56,437	45,094
Production	104,369	89,601	265,891
... Oct/Sep yr ... Shipments	106,290	78,258	260,288
Ending Stocks	54,516	56,437

HULLS (tons)...Beginning Stocks	21,192	15,280
Production	63,477	59,828	174,116
... Oct/Sep yr ... Shipments	61,770	53,916	181,141
Ending Stocks	22,899	21,192

LINTERS (000 lbs) .....FIRST CUT
Beginning Stocks	1,451	1,637
Production	2,511	2,155	5,740
... Oct/Sep yr ... Shipments	2,068	2,341	6,512
Ending Stocks	1,893	1,451

ALL OTHER CUTS
Beginning Stocks	7,163	4,200
Production	29,863	26,844	80,360
... Oct/Sep yr ... Shipments	27,149	23,881	76,975
Ending Stocks	9,877	7,163

OIL SHIPMENTS TO PORT (000 lbs)	withheld	withheld

* - Based on reports from 100% of active NCPA crusher members, representing 99% of crushing capacity
** - Oil Production: Primarily reported as PBSY; Oil Stocks: primarily PBSY & Further Processed