National Cottonseed Products Association




REGIONAL SUMMARY OF U.S. COTTONSEED CRUSHINGS & STOCKS*
NOVEMBER 2011	AZ/CA/OK/TX	OTHER STATES	TOTAL
SEED (tons) ....Beginning Stocks	505,365	661,701	1,167,066
Receipts	270,715	440,257	710,972
Shipped	6,198	13,975	20,173
Crushings	95,376	113,297	208,673
Ending Stocks	674,506	974,686	1,649,192

OIL ** (000 lbs) Beginning Stocks	40,185	94,356	134,540
Production	30,239	33,733	63,972
Shipments	34,739	29,293	64,032
Ending Stocks	35,685	98,796	134,481

MEAL (tons)....Beginning Stocks	32,762	14,112	46,874
Production	43,571	51,904	95,475
Shipments	36,210	46,860	83,070
Ending Stocks	40,123	19,156	59,279

HULLS (tons) Beginning Stocks	4,585	6,034	10,619
Production	27,472	32,355	59,827
Shipments	26,306	30,262	56,568
Ending Stocks	5,751	8,127	13,878

LINTERS - FIRST CUT (000 lbs)
Beginning Stocks	2,145	434	2,579
Production	607	1,257	1,864
Shipments	960	987	1,947
Ending Stocks	1,792	704	2,496

ALL OTHER CUTS
Beginning Stocks	3,450	3,280	6,730
Production	12,694	16,654	29,348
Shipments	10,266	16,893	27,159
Ending Stocks	5,878	3,041	8,919

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*
	NOV 2011	OCT 2011	YTD TOTALS
SEED (tons)..... Beginning Stocks	1,167,066	553,289
Receipts	710,972	866,220	1,956,213
Shipped	20,173	49,167	163,979
... Aug/Jul yr ... Crushings	208,673	203,276	761,544
Ending Stocks	1,649,192	1,167,066

OIL **(000 lbs) Beginning Stocks	134,540	149,693
Production	63,972	63,042	127,014
... Oct/Sep yr ... Shipments	64,032	78,195	142,226
Ending Stocks	134,481	134,540

MEAL (tons) ...Beginning Stocks	46,874	37,903
Production	95,475	92,171	187,646
... Oct/Sep yr ... Shipments	83,070	83,200	166,270
Ending Stocks	59,279	46,874

HULLS (tons)...Beginning Stocks	10,619	12,694
Production	59,827	61,044	120,871
... Oct/Sep yr ... Shipments	56,568	63,119	119,687
Ending Stocks	13,878	10,619

LINTERS (000 lbs) .....FIRST CUT
Beginning Stocks	2,579	2,483
Production	1,864	2,319	4,183
... Oct/Sep yr ... Shipments	1,947	2,223	4,170
Ending Stocks	2,496	2,579

ALL OTHER CUTS
Beginning Stocks	6,730	7,202
Production	29,348	30,558	59,906
... Oct/Sep yr ... Shipments	27,159	31,030	58,189
Ending Stocks	8,919	6,730

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