CONKLING BECOMES NCPA PRESIDENT; CRUM ELECTED VICE PRESIDENT

NCPA DIRECTORS AND OFFICERS APPOINTED FOR 2006-07

WHAT'S NEW @ COTTONSEED.COM

BIODIESEL AND INDUSTRIAL APPLICATIONS OF VEGETABLE OILS SHORT COURSE

AMENDMENTS APPROVED TO THE TRADING RULES

AMENDMENTS TO THE NCPA TRADING RULES

MOVING?

CONKLING BECOMES NCPA PRESIDENT; CRUM ELECTED VICE PRESIDENT - Gary Conkling of Oklahoma City, Oklahoma, became the 110th President of the NCPA at the Annual Convention in Tucson, Arizona, and Bobby Crum, Harlingen, Texas, was elected Vice President.  Conkling is currently President and Chief Executive Officer of Producers Cooperative Oil Mill in Oklahoma City, Oklahoma.  In addition to the cottonseed oil mill in Oklahoma City, Producers Co-op also serves Arkansas, Missouri and Tennessee with locations in Osceola and Wilson, AR, Kennett, MO, and Covington, TN.  Conkling began his industry work in 1989 in the sales department of Producers Co-op, and was promoted to Vice President of Sales in 1999.  He became President & CEO in March 2003. Conkling is a Past President of the American Cotton Linter Association. Conkling serves as a Cottonseed delegate and member of the Board of Directors of the National Cotton Council, and is also a Board member of the NCPA. He received a bachelor’s degree in 1970 from Oklahoma State University in Agricultural Economics, and currently lives in Yukon, Oklahoma with his wife Linda…..Bobby L. Crum is currently Vice President and Sales Manager of Valley Coop Oil Mill in Harlingen, Texas.  Valley Coop has served the Rio Grande Valley and Coastal Bend areas of Texas since 1951.   He began his industry work in 1981 in the Technical Sales Department of Valley Coop, then transferred to the Oil Mill Division in 1991. Crum serves as a Cottonseed delegate and member of the Board of Directors of the National Cotton Council.  He is also a Board member of the NCPA and serves on the Cottonseed Products Export Committee.  Crum was graduated cum laude from Texas A&M University Kingsville (formerly Texas A&I University) in 1972 with a B.S. degree, and currently lives in Harlingen with his wife Kathy. 

Gary Conkling (left) becomes NCPA President at the annual convention in Tucson, AZ. Bobby Crum (right) elected Vice President.

NCPA DIRECTORS AND OFFICERS APPOINTED FOR 2006-07 - Also at the annual meeting, the following were appointed to NCPA’s Board of Directors for 2006-07: Ed Lawton, III, Darlington, SC; Sammy Wright, Tifton, GA; Brent Fenton, Decatur, IL; Scott Middleton, Jonestown, MS; John Fricke, Pine Bluff, AR; Gary Conkling, Oklahoma City, OK; E. O. Lundgren, Jr., Elgin, TX; Hollis Sullivan, Harlingen, TX; Robert Lacy, Lubbock, TX; and David Johnson, Corcoran, CA.  Officers for 2006-07 are Gary Conkling, President, Bobby Crum, Vice President, Ben Morgan, Executive Vice President & Secretary and Sandi Stine, Treasurer.  Alex Wellford, Jr. was appointed General Counsel.

WHAT'S NEW @ COTTONSEED.COM - NCPA/CCI consultant Ricardo Silva and Ben Morgan attended the 5th annual “Expo Leche” (Dairy Expo) in Mexico last week to encourage the use of cottonseed meal in dairy rations and find new potential customers for cottonseed feed products.  A number of quality contacts were made with several very large dairy operators and coops in Mexico.  Feeding rates for cottonseed meal  were a top question, as was the outlook for prices for this fall’s crop.    A summary of the expo and Silva’s other contacts with Mexican feed users is available in the Mexico Consultant Reports section of cottonseed.com…..Weekly cottonseed crushings have rebounded from their lull in April.  Weekly crushings have been at or above 60,000 tons for the past three weeks, after barely reach 50,000 tons during three of the four reporting periods in April.    The Statistics section is regularly updated with weekly crush information from member mills.

BIODIESEL AND INDUSTRIAL APPLICATIONS OF VEGETABLE OILS SHORT COURSE - The Food Protein Research & Development Center at Texas A&M is offering a short course to train personnel in (1) Methods of biodiesel production, (2) Analysis and quality control assurance for biodiesel, (3) Synthesis of oleochemicals from vegetable oils, and (4) Uses of glycerin. The course is a “must attend” for anyone involved in the  field of vegetable oil processing and interested in the latest developments in the production of biodiesel.  For details and course registration information, contact Hema Marwaha, Food Protein R&D Center, Tel 979-845-2793, e-mail marwaha@tamu.edu.

AMENDMENTS APPROVED TO THE TRADING RULES - NCPA’s Rules Committee met on Sunday, May 7 at the Westin La Paloma Resort in Tucson, Arizona with the following committee members present: Robert Lacy, Chairman, Lubbock, TX; Gary Conkling, Oklahoma City, OK; Bobby Crum, Harlingen, TX;  Brent Fenton, Decatur, IL; John Fricke, Pine Bluff, AR; Ronnie Gilbert, Lubbock, TX; Jack Goldfield, Houston, TX; David Johnson, Corcoran, CA; E. H. Lawton, Jr., Darlington, SC; Gail Kring, Lubbock, TX; Liz Lane, Shoreview, MN; John Lewallen, Memphis, TN; Scott Nelson, Omaha, NE; Austin Rose, Abilene, TX; Hollis Sullivan, Harlingen, TX; and Sammy Wright, Tifton, GA. Ben Morgan, NCPA staff, was also present. Chairman Lacy called the meeting to order and introduced the proposed amendments to the Trading Rules.  Upon motion made and duly second, the proposed amendments were approved by the committee.  At the business session on Monday, May 8, the voting members of the Association who were present unanimously approved a change to the NCPA By-Laws and Trading Rules.  The entirety of the changed By-Laws and Rules follows, with new or altered language underlined, language that was deleted struck through, and if a word or phrase has been dropped with no replacement, that fact is indicated by…..

AMENDMENTS TO THE NCPA TRADING RULES:

BY-LAWS of the National Cottonseed Products Association, Inc.

ARTICLE II. Committees and Their Duties

Sec. 1. The President as Chairman and fourteen (14) other members to be selected by the Board of Directors, shall constitute a Committee on Rules. Such Committee shall serve for one year and/or until their successors are selected and shall have qualified.

The Committee on Rules shall meet prior to each Annual Convention of this Association, at the place selected for such convention, for the consideration of such changes in rules as have been presented to it in conformity with the provisions of these By-Laws. Any action taken by it on such proposals shall be reported to the Convention at its first session.

No amendments to or alterations of rules, except changes proposed by the Chemists' Committee in methods of chemical analysis set forth in Chapter VII, may be considered by the Committee on Rules unless such proposed changes, prepared in proper form, are submitted to the Secretary at least thirty days prior to the annual convention of the Association, for transmittal by him to the Committee on Rules and to the membership of this Association, (provided, however, that the committee may, by unanimous consent of the members present consider proposals for changes in the Rules not so submitted). The Committee on Rules shall have authority to amend any rule found not to conform to any amendment to a rule which it has approved under the authority of these By-Laws.

No Rule of this Association shall be amended by reference to Rule or section number, or by the suggestion of the addition or omission of certain words, but in each case the entire rule or section, as it is proposed to be amended, shall be set out at length in writing. The provisions of this By-Law shall apply to all amendments whether offered before the meeting of the Rules Committee or at the annual meeting. Before any proposed amendment can be considered at the annual meeting, such proposed amendment must first have been considered by the Rules Committee, and all amendments offered at the meeting of the Association must immediately be referred to the Rules committee for consideration and report. Provided that where requested by the Rules Committee, or upon its own motion, the Board of Directors of the Association may suspend any rule until the next meeting of the Association. In such case, however, the President of the Association, upon being requested in writing by twenty (20) Regular Members, shall promptly call a special meeting of the Association to which the entire matter shall be referred for action.

A Committee of seven well-known and competent chemists who are members of the American Oil Chemists' Society, appointed by the Board of Directors, shall meet with the Rules Committee, and recommend for adoption official methods of analysis to be used by the Official Chemists of the Association.

Any change in the methods of chemical analysis of this Association must be referred to the Chemists' Committee before presentation to the Rules Committee. The members of the Chemists' Committee shall receive the same compensation as the members of the Rules Committee.

Sec. 2. At its annual meeting, the Board of Directors shall appoint the following standing committee, who shall serve until their successors are appointed and qualify:

A single fifteen (15) member Arbitration Committee, representative of membership and regions and subject to appointee's consent to serve. Upon demand for arbitration in accordance with the By-Laws, each contestant shall select two (2) arbitrators and the four (4) selected arbitrators shall select a fifth (5th) arbitrator who shall serve as Chairman of the selected Arbitration Committee the Secretary will draw the names of four arbitrators at random from the arbitration committee and the four selected arbitrators will select a fifth member to serve as chairman of the selected arbitration committee, the decision of which in the arbitration proceeding shall be final and binding on the contestants and not subject to appeal. In the event the four (4) selected arbitrators cannot mutually agree on the selection of the fifth (5th) Arbitrator Chairman, the President of the Association shall select the fifth (5th) Arbitrator-Chairman. Any member of the arbitration committee who is party to the arbitration submitted will be ineligible to serve on the panel.

Sec. 3. In order that the business of the committee of this Association may not be interfered with or delayed, but facilitated, and that there may be a quorum present of all committees at all regular or called meetings, the majority of the members of any committee that are present at such meetings shall have the right to appoint any other member or members of the Association in good standing to take the place temporarily on any committee of any member of any committee of this Association who is disqualified for any reason, or who, having been notified of such meeting, fails to be personally present; preference when there are substitutions being given to members in the same line of business as that of the committeeman whose place is being filled. In the case of selected Arbitration Committees, the committees must be filled, and a majority vote shall constitute the decision of such committee. In the case of all committees other than selected Arbitration Committees, a quorum of such other committees is authorized to act and a majority vote of the members present shall be binding.

The actions and decisions of any committee so constituted shall have the same force and effect as if the duly constituted members of such committee had all served.

In the event of the inability or disqualification for any reason of the President or Vice-President to preside at any meeting of the Board of Directors, a temporary substitute may be selected by the Board to fill his place, in the same manner as provided herein for filling the places of any other member of a committee.

Sec. 4. The President may, in his discretion, order paid the expenses of any member of a committee when such expense is incurred upon the business of the Association.

GENERAL RULES of the National Cottonseed Products Association, Inc.

RULE 84: Arbitration Procedure.

Sec. 1. The member demanding an arbitration will be referred to as the complainant. The person against whom an arbitration is demanded will be referred to as the defendant.

Demand for an arbitration shall be made by letter or telegram addressed to the Secretary of the Association within 90 days after the complainant's right to arbitrate has accrued. When such demand is made, the Secretary will immediately furnish five copies of the standard form of agreement to arbitrate. Complainant shall promptly prepare and sign such forms, retaining one copy and returning four copies to the Secretary. At such time, the complainant shall select two (2) arbitrators as provided in the By-Laws.

Sec. 2. With such agreement, complainant shall file seven copies of his brief and supporting evidence, and the deposit required by Rule 91. In the brief, complainant shall open his case fully.

As soon as he receives them, the Secretary shall forward to the defendant three of the signed copies of the agreement to arbitrate and a copy of the complainant's brief and supporting documentary evidence. At such time, the defendant shall select two (2) arbitrators as provided in the By-Laws. The Secretary shall notify the four (4) of their selection and request that they select a fifth (5th) as chairman. Within five days after receipt of these documents, the defendant shall file with the Secretary two copies of the agreement to arbitrate, properly signed, and the deposit required by Rule 91. Within fifteen additional days, the defendant shall file with the Secretary seven copies of his brief and evidence.

Sec. 3. Upon receipt of these documents from the defendant, the Secretary shall furnish the complainant a copy of the fully executed agreement to arbitrate and a copy of the defendant's brief and supporting documentary evidence. Ten days after complainant receives the defendant's brief, the case shall be submitted to an arbitration committee. Within that ten-day period, complainant may reply to defendant's brief and the Secretary shall immediately furnish the defendant a copy of such reply and any supporting permissible documentary evidence. No additional evidence may be submitted with such reply, except such as may be required to answer points raised in defendant's brief.

Sec. 4. For good cause shown, the President of the Association may, upon written or telegraphic request made within the time limits specified above, extend the time for filing briefs and evidence. In no case, however, shall the time of defendant for filing his brief be extended by more than twenty days, and in no case shall the time of complainant for filing a reply be extended by more than ten days.

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.

May 24, 2006