February 28, 2005

 

 

2004 US crop corn entries 1006.548 million bushels

 

Total 2003-crop corn entries into the government's 9-mo price support loan program are 0.606 mln bu, a decrease of 0.035 mln bushels during the week ended Feb 22, according to USDA preliminary figures.

 

Total 2004-crop corn entries into the 9-month loan totaled 1006.548 mln bushels, which is a decrease of 1.923 mln bushels.

 

Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2003 and 2004 crop corn in thous bushels. Changes are from statistics for the period ended Feb 15.

 

Source: USDA

 

                       ---2003-crop---       ---2004-crop---

                              Outstdg               Outstdg

                    9-Month   Change      9-Month    Change

Alabama           11     unch           237      unch

Arizona              0     unch           359      unch

Arkansas           0      unch        1,476        -3

California          0      unch           92        unch

Colorado           0      unch        6,917       -89

Connecticut       0      unch            0        unch

Delaware          0      unch          705        -5

Florida              0      unch           16       unch

Georgia            4      unch        1,163      unch

Idaho               0      unch            0        unch

Illinois             36     unch        77,028      -70

Indiana            90     unch       57,479     -218

Iowa               105      -35      316,931      285

Kansas              0     unch       14,050      -160

Kentucky           0     unch        4,853       -53

Louisiana           0     unch          169      unch

Maryland           0     unch        2,338       -12

Massachuset      0     unch            0        unch

Michigan          85     unch       17,093       101

Minnesota        96       27       199,488       178

Mississippi         0     unch        2,033       -73

Missouri            0       -2         22,713      -247

Montana           0      unch            0         unch

Nebraska         48       -2       142,058      -577

New Jersey       0      unch          533        -8

New Mexico      0      unch          169       unch

New York         41     unch        6,125       -24

North Carol       0      unch        2,886      -214

North Dakot      0      unch        7,491       110

Ohio                32     unch       22,985        88

Oklahoma         0      unch          347      unch

Oregon             0     unch            0         unch

Pennsylvani       3     unch        3,143        75

South Carol       0     unch          839       -65

South Dakot     27       -9        56,443      -763

Tennessee         0     unch        2,397         9

Texas               0      unch        5,881      -232

Utah                 0     unch            4         unch

Vermont           0      unch            5        unch

Virginia             0     unch        2,187       -45

Washington       0     unch          945        -39

West Virgin       0     unch          287         -2

Wisconsin        28      -14        26,527       130

Wyoming          0      unch          156        unch

Total US         606      -35      1,006,548  -1,923

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