September 6, 2004

 

 

US 2003 Crop Corn Entries 164.139 Million Bushels


Total 2003-crop corn entries into the government's 9-mo price support loan program are 164.139 mln bu, a decrease of 59.868 mln bushels during the week ended Aug 31, according to USDA preliminary figures.
 
Total 2004-crop corn entries into the 9-month loan totaled 4.570 mln bushels, which is  an increase of 2.747 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 Aug 24.
 
Source: USDA
 
                 ---2003-crop---       ---2004-crop---
                    Outstdg               Outstdg
                 9-Month   Change      9-Month Change
Alabama           24      -20            7            7
Arizona             85      -72            0        unch
Arkansas           47      -45          172       172
California           0      unch            0      unch
Colorado          835     -131            0      unch
Connecticut       84     unch            0      unch
Delaware           0     unch             0      unch
Florida              0        unch            0      unch
Georgia           18      -18            882       519
Idaho               44     unch            0       unch
Illinois         10,479   -4,814            0     unch
Indiana        9,877    -3,362           46        46
Iowa           45,092  -17,285            0     unch
Kansas         1,079     -520              2         2
Kentucky         391     -129            0      unch
Louisiana          0     unch             217       195
Maryland         180     -167            0      unch
Massachuset        0       -3             0      unch
Michigan       8,946   -1,916            0      unch
Minnesota     32,330  -13,571         0      unch
Mississippi       44       -9            342      141
Missouri       2,141   -1,009           78       78
Montana            0     unch            0       unch
Nebraska      24,425   -7,284         0      unch
New Jersey       161      -15            0      unch
New Mexico         0       -6             0      unch
New York       3,253     -628           0      unch
North Carol       40      -39            71        44
North Dakot    1,424     -369           0      unch
Ohio               4,095   -1,563          0      unch
Oklahoma           0     unch            84        17
Oregon              0     unch              0      unch
Pennsylvani      531     -210            0      unch
South Carol       51       -7             58        58
South Dakot    8,713   -4,392          0      unch
Tennessee        227     -134           10         10
Texas              343     -291        2,591     1,448
Utah                   2     unch            0       unch
Vermont            0     unch             0       unch
Virginia            74     -186           10        10
Washington         0     unch            0        unch
West Virgin      112      -11             0        unch
Wisconsin      8,927   -1,646           0        unch
Wyoming           65      -16            0         unch
Total US     164,139  -59,868        4,570   2,747

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