October 4, 2004

 

 

2003 Crop Soybeans Entries 5.583 Million Bushels


Total 2003 - crop soybean entries into the US government's 9-mo price support loan program 5.583 million bu, a decrease of 1.243 million bushels during the week ended Sep 28, according to USDA preliminary figures.
 
Total 2004-crop entries into the 9-mo price support loan program reported 3.702 million bu, up 2.710 million bu from a week ago.
 
Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2003 & 2002 crop soybeans in 1,000 bu. Changes are from statistics for the period ended Sep 21.
 
Source: USDA
 
              ---2003-crop --      ---2004-crop---
            Outstanding             Outstanding
            9-Month  Change    9-Month    Change
Alabama           0     unch           9        9
Arkansas         18       -1         651      360
Califormia        0     unch           0     unch
Colorado          0     unch           0     unch
Delaware          0     unch           0     unch
Florida           0     unch           0     unch
Georgia          11     unch           0     unch
Illinois        417     -163         654      538
Indiana         205      -22         869      682
Iowa          1,805     -462         604      578
Kansas          117      -19         134      121
Kentucky         21       -7          64       19
Louisiana         0     unch          67       53
Maryland         20     unch           0     unch
Michigan         90      -24           0     unch
Minnesota       849     -241          12       12
Mississippi      11     unch         100       20
Missouri        304      -58          41       20
Montana           0     unch           0     unch
Nebraska        579      -89         130      106
New Jersey        7       -1           0     unch
New Mexico        0     unch           0     unch
New York        108      -10           0     unch
N Carolina       56       -9           0     unch
N Dakota        140      -13           0     unch
Ohio             49       -2         183      168
Oklahoma          0     unch          16        9
Pennsylvania     42      -23           0     unch
S Carolina       18     unch           0     unch
S Dakota        396      -59           0     unch
Tennessee        51      -18          26       11
Texas             0     unch         142        4
Vermont           0     unch           0     unch
Virginia         69        1           0     unch
W Virginia        0       -7           0     unch
Wisconsin       200      -16           0     unch
Total US      5,583   -1,243       3,702    2,710

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