WEEKLY CRUSH CONTINUES TO MOVE HIGHER

ANNUAL CONVENTION NEWS & NOTES

WHAT'S NEW @ COTTONSEED.COM

SUPPLY & DEMAND FORECAST FOR US COTTON & COTTONSEED PRODUCTS

INDUSTRY LOSES A GOOD FRIEND IN KEN FAULKNER

RULES COMMITTEE MEETING

COTTONSEED MEAL: A FISH STORY

2005-06 COTTON LEADERSHIP CLASS

MOVING?

WEEKLY CRUSH CONTINUES TO MOVE HIGHER - Weekly cottonseed crushings have surged above their five-year averages during the past three weekly reporting periods, according to NCPA’s latest survey.  For the week ending April 24, cottonseed crushings totaled nearly 70,000 tons, compared to 65,000 tons the previous week.  The five-year average crush total for this weekly reporting period is 52,000 tons.  The year-to-date crush total for 2004-05 continues to climb as well.  According to the Association’s data, this season’s crush stands at 2.19 million tons, compared to 2.0 million tons crushed at this point in the 03/04 season and 1.98 million tons crushed at this point two years ago. 

ANNUAL CONVENTION NEWS & NOTES - Annual meeting registration has been brisk for the Association’s 109th convention, with nearly 100 members and guests already signed-up. This is fast approaching the final count in attendance last year in Destin.  Hotel room availability is sold out for most of the meeting dates.  Among the guests planning to attend this year is a delegation from Shandong Gaomi Silver Hawk Chemical Fiber in Gaomi, China, led by Mr. Li, Yong, President…...Headlining this year’s business session is a presentation by Allen Helms, Vice Chairman of the National Cotton Council of America, as well as reports by Dale Gustafson, Sr. Oilseeds Analyst, Smith Barney and Dennis Tristao, Environmental Services Manager, J. G. Boswell Co…...A pre-registration list is also available on the NCPA web site under the “Convention” link.  If you are planning to attend, be sure NCPA has received your registration materials so a packer will be available for you at the registration desk in San Diego.

SUPPLY & DEMAND FORECAST FOR US COTTON & COTTONSEED PRODUCTS

WHAT'S NEW @ COTTONSEED.COM - CCI/NCPA Consultant Ricardo Silva reports an extraordinary increased in demand for cottonseed meal in the Mexican state of Veracruz.  According to Silva, buyers could push meal sales to 300 metric tons per month.  His complete report is available in the Members Only section of the web site under “Mexico Consultant Reports”…..NCPA’s Export Sales Report shows 15,000 tons of new sales of cottonseed meal to Mexico during the past two weeks….Convention news, pre-registrations, proposed amendments to the Trading Rules and more are available under the Convention link on  NCPA’s home page.

INDUSTRY LOSES A GOOD FRIEND IN KEN FAULKNER - Kenneth W. Faulkner, 80, of Atlanta, GA died on April 23, 2005, following a heart attack at home. Ken was born in Athens, GA on Mother's Day, May 11, 1924, a proud member of the Greatest Generation. He moved to Atlanta, where he graduated from Tech High. Ken went to Radio School before joining the Army. He served in the Army Air Corps during World War II. When his B-17 was shot down over Germany, he was captured and taken prisoner. Following the war, he returned to Atlanta and married Mary Elizabeth Carmichael in 1946. Ken graduated from Georgia Tech in 1949 and remained a loyal and supportive Jacket throughout his life. Upon graduation, Ken went to work for the M. C. King Company and later worked for the T. G. Hill Company. In 1961 he and his wife started the Ken Faulkner Company, which remains active today. During his business career Ken's honesty and integrity made him loved and respected by all who knew him. He served on the Rules Committee for the National Cottonseed Products Association and served as President of the Association of Cottonseed Products Dealers 1980-1981. His wife of 58 years, Mary, his daughters and sons-in-law, Rick and Susan Adle, Scott and Rebecca Bracewell survive Ken.

RULES COMMITTEE MEETING - NCPA Rules Committee will meet on Sunday, May 15 at 10 am to consider a number of proposed changes to the Trading Rules.  All members and guests are invited to attend and take part in the discussion.  The proposed changes have been mailed to the membership, and are also available on the NCPA web site under the “Convention” link.

COTTONSEED MEAL: A FISH STORY - March was the month when the Texas Parks and Wildlife Department fish hatcheries begin raising the next generation of baby bass. That isn't all the press release is saying. It goes into great detail to refute the myth that raising the baby bass only takes a momma and papa bass and a cozy pond. It said the recipe for baby bass is like a magic potion: acres of water, miles of plumbing, ozone, Astroturf, sodium bicarbonate, calcium chloride, sodium sulfite, cottonseed meal, phosphoric acid, the right mood lighting and a laser. The final ingredients include two willing donated fish and humans to superintend the process.  It is actually a recipe to try and stimulate what happens in the wild with warmer temperatures and longer days. After a momma and papa decide to make babies, she rolls onto her side and releases eggs, and he fertilizes them. The eggs fall onto the Astroturf mat. The technicians collect the mats, rinse them and use a laser to count the eggs. The eggs hatch in two to five days.  The little fish are put in a pond to do what babies do - eat. They grow, then are eventually released into ponds to be caught by fishers, who may even one day donate a fish to be used for reproduction. That fish may be returned to the same fishery center where was actually born many years before. (Source: Texas Parks & Wildlife Department, 4.4.05)

2005-06 COTTON LEADERSHIP CLASS - Industry members interested in applying for the 2005-06 Cotton Leadership Class are encouraged to visit http://leadership. cotton.org to review program curriculum, eligibility requirements and download the application. Contact NCC's Member Services at 901-274-9030 or your local Member Services Representative for additional information. The Cotton Leadership Program strives to identify potential industry leaders and provide them developmental training during 5 week-long sessions across the Cotton Belt. The class, comprised of 4 producers and a participant from each of the other 6 industry segments, visits with industry leaders and observes production, processing and research facilities. They also meet with lawmakers and government agency representatives during a visit to Washington, DC, and attend the NCC's annual meeting and its mid-year board of directors meeting. The program, initiated in 1983, is supported by a  grant to The Cotton Foundation from DuPont Crop Protection.  Craig Moore, PYCO Industries, Lubbock, Texas is this year’s Cottonseed Representative.

MOVING? - Please send all change of address information to: National Cottonseed Products Association, 104 Timber Creek Drive, Suite 200, Cordova, TN  38018, or email to info@cottonseed.com.

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© National Cottonseed Products Association, Inc.

April 27, 2005