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NO. 2549
OCTOBER 26, 2005


SO FAR THIS SEASON: COTTONSEED RECEIPTS, COTTON GINNINGS HIGHER

US CATTLE ON FEED DOWN SLIGHTLY

WHAT'S NEW @ COTTONSEED.COM

TRADE LEADS FOR COTTONSEED OIL

MONTHLY SUMMARY OF US COTTONSEED CRUSHINGS & STOCKS

WHY FRIED FOODS RULE

BEEF CATTLE PRODUCERS CAN RELY ON COTTONSEED FEED PRODUCTS

MOVING?


SO FAR THIS SEASON: COTTONSEED RECEIPTS, COTTON GINNINGS HIGHER - Cottonseed receipts at oil mills were nearly 40% higher in September than their five-year average, according to NCPA data.  Member oil mills collected just over 400,000 tons of seed in September compared to a little less than 300,000 tons for the five-year average.  That puts stocks of seed at oil mills at nearly 675,000 tons on September 30, also above their five-year average mark of close to 475,000 tons…...Crushings for the first two months of 2005/06 are well ahead of their average as well, standing at 411,000 tons compared to an average of just under 300,000 tons over the past five years. The Aug-Sep 2005 crush is also ahead of the Aug-Sep 2004 crush, which totaled 335,000 tons…..USDA reported that 4.6 million bales of cotton have been ginned so far this season compared to 4.8 million bales by October 15 a year ago.    Both years are well ahead of 2004, which had 3.8 million bales ginned at this point in the season.  Louisiana and Arkansas appear to be getting the fastest start, with ginnings already 80% and 60%, respectively, higher than last year.

US CATTLE ON FEED DOWN SLIGHTLY - Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.5 million head on October 1, 2005.  The inventory was slightly below October 1, 2004 but up 3 percent from October 1, 2003.  The inventory included 6.87 million steers and steer calves, up 6 percent from the previous year.  This group accounted for 66 percent of the total inventory.  Heifers and heifer calves accounted for 3.55 million head, down 11 percent from 2004.  Placements in feedlots during September totaled 2.36 million, 1 percent below 2004 and 5 percent below 2003.  Net placements were 2.30 million head.  During September, placements of cattle and calves weighing less than 600 pounds were 565,000, 600-699 pounds were 505,000, 700-799 pounds were 550,000, and 800 pounds and greater were 735,000. Marketings of fed cattle during September totaled 1.82 million, 1 percent above 2004 but 11 percent below 2003.  Other disappearance totaled 57,000 during September, 7 percent below 2004 and 10 percent below 2003. (Source: USDA, NASS 10/21/05)

WHAT'S NEW @ COTTONSEED.COM - Got cottonseed meal? Whole cottonseed?  Buyers are looking in the Cottonseed Forum section of the NCPA’s web site.  Be sure to check back regularly….Updated in the Statistics section of the web site: Weekly Export Sales of cottonseed, cottonseed meal and cottonseed oil; monthly survey of production and stocks; weekly cottonseed crushings; cottonseed products export report (Oct-Aug period); supply and demand forecast for cottonseed and cottonseed products…..The Newsletter Archive holds previously issued NCPA Newsletters back to 2000…..Stay updated with the latest industry news and meetings with the Cottonseed Calendar.

TRADE LEADS FOR COTTONSEED OIL - The MNG GROUP of Turkey (www.mng.com.tr) is planning to import approximately 4,000 metric tons of cottonseed oil—”whitened”, neutral and degummed. Please send  prices for: (1) FOB, any port in USA and (2) CIF, any port in İstanbul-Turkey.  Also send technical information of these products to our e-mail (mng@mipas.com.tr) or our fax number +90 3124371159.  Fevzi N. Tohumcu & Mine Ubay, MNG, Foreign Trade Dept. Tel: +90 3124363000…..Also, Toros Dis Ticaret  Ltd.,  Turkey, tel. 90-324-238-25-20 / 238-17-06, fax  90-324-238-17-07,  or e-mail  toros.dis@ superonline.com is looking for 12,500 mt of cottonseed oil in bulk on CIF Mersin, Turkey against L/C payment from HSBC Bank Mersin Free Zone Branch, Turkey…..Trade leads for cottonseed oil, cottonseed and cottonseed feed products, and cotton linters and other products are posted daily in the Cottonseed Forum section of the web site.

MONTHLY SUMMARY OF US COTTONSEED CRUSHINGS & STOCKS

WHY FRIED FOODS RULE - Nothing beats a quick dip in the fryer for cooking a wide range of foods, according to chefs in a recent Restaurants & Institutions article. Deep-frying at the right temperature locks in flavor and guarantees a crisp finish, they believe.  Even  chefs in health care services acknowledge the value of deep-fried food.  The value of the product, they say, is considerably enhanced when briefly fried in vegetable oil for a hot, crisp finish, such as with spring rolls.  Baking in an oven just doesn’t do it, they admit.  It has to be deep-fried.  In addition, the chefs note that deep-frying is actually a dry-cooking technique if done properly.  If the proper cooking oil temperature is maintained, when food goes into the fryer, the sizzle you hear is steam—water instantly vaporizing in the food.  If the steam is coming out, oil isn’t going in. Seasonings have also gained interest as the final element of successful fried foods.  Coarse salt, applied immediately out of the fryer, brings some foods close to perfection, according to one expert.  But what really keeps fried foods atop the restaurant hill is that most customers just don’t deep fry at home, so when they eat out and see fried chicken or onion rings, that’s what they order. (Source: R&I Magazine, October 2005)

BEEF CATTLE PRODUCERS CAN RELY ON COTTONSEED FEED PRODUCTS - Now is the time of year many beef cattle producers are asking themselves “what am I going to do about feeding my cows this winter?” Reports are pointing to a shortage of hay in many parts of the country, and those that have hay can ask a pretty steep price. One producer in East Texas stated he had plenty of hay and was “selling some of it.” “We have been lucky and gotten the rain when it was needed,” he said. Producers who do not have a good supply of hay, or are worrying about the high cost of hay, can look at alternative feed sources, including cottonseed and cottonseed meal. Extension agents receive a number of calls each year about feeding cottonseed. Their answer: Cottonseed can be an excellent alternative! Agents have typically recommended that producers feed up to one-half percent of a cow’s body weight— which is typically five to six pounds per head per day. An added benefit is that whole cottonseed is high in fat, about 20 to 23 percent.  Further, most beef specialists note that producers with low forage can feed three to six pounds of whole cottonseed, and no more than three pounds to younger bulls between the ages of 2 and 3. As far as cottonseed meal, agents note it can be fed when there is excess forage or low-quality forage. Cottonseed meal, when added to corn, can be used as a substitution for a “loose” range cube. This combination is about 20 percent protein with between a 75 and 80 percent TDN.  With available grass and without the harshness of winter, one beef specialist concluded, “It is easier to put weight on them now, than later.” (Source: East Texas News, 10/20/2005, www.countryworldnews.com)

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.

October 26, 2005


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