October 4, 2004

 

 

2003 Crop Corn Entries 86.773 Million Bushels


Total 2003-crop corn entries into the US government's 9-mo price support loan program are 86.773 million bu, a decrease of 26.582 million bushels during the week ended Sep 28, according to USDA preliminary figures.
 
Total 2004-crop corn entries into the 9-month loan totaled 30.175 million bushels, which is an increase of 12.608 million 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 Sep 21.
 
Source: USDA
           ---2003-crop---              ---2004-crop---
            Outstdg                         Outstdg
            9-Month   Change      9-Month    Change
Alabama           20       -4          109        43
Arizona           85     unch            0      unch
Arkansas           0      -47        1,517       214
California         0     unch            0      unch
Colorado         452     -164           20        20
Connecticut       84     unch            0      unch
Delaware           0     unch          200       100
Florida            0     unch            0      unch
Georgia            8      -10        1,923       233
Idaho              0       -1            0      unch
Illinois       5,267   -1,855        1,317       959
Indiana        5,184   -1,441        1,246       864
Iowa          24,668   -7,776          381       322
Kansas           455     -132        1,135       662
Kentucky         231      -22        1,033       722
Louisiana          0     unch          880        72
Maryland          48      -24          105        40
Massachuset        0     unch            0      unch
Michigan       4,677   -1,885            0      unch
Minnesota     16,978   -4,959            0      unch
Mississippi       41     unch        2,565       809
Missouri         895     -439        2,995     1,460
Montana            0     unch            0      unch
Nebraska      12,444   -3,834          194       163
New Jersey       137       -5            0      unch
New Mexico         0     unch            0      unch
New York       1,727     -409            0      unch
North Carol       14       -2        2,189       750
North Dakot      959     -172            0      unch
Ohio           2,174     -461          130       130
Oklahoma           0     unch          331       112
Oregon             0     unch            0      unch
Pennsylvani      307      -42            0      unch
South Carol       26     unch        1,742     1,215
South Dakot    4,429   -1,212            4         4
Tennessee         66      -24        1,163       639
Texas            133     unch        7,985     2,729
Utah               0       -2            0      unch
Vermont            0     unch            0      unch
Virginia          27      -12        1,011       346
Washington         0     unch            0      unch
West Virgin       17      -64            0      unch
Wisconsin      5,218   -1,537            0      unch
Wyoming            2      -47            0      unch
Total US      86,773  -26,582       30,175    12,608

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