October 11, 2004
US 2003 Crop Soybeans Entries 3.419 Million Bushels
Total 2003-crop soybean entries into the government's 9-mo price support loan program 3.419mln bu, a decrease of 2.164 mln bushels during the week ended Oct 5, according to USDA preliminary figures.
Total 2004-crop entries into the 9-mo price support loan program reported 7.161 mln bu, up 3.459 mln 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 28.
Source: USDA
---2003-crop -- ---2004-crop---
Outstanding Outstanding
9-Month Change 9-Month Change
Alabama 0 unch 9 unch
Arkansas 5 -13 691 40
Califormia 0 unch 0 unch
Colorado 0 unch 0 unch
Delaware 0 unch 0 unch
Florida 0 unch 0 unch
Georgia 0 -11 0 unch
Illinois 315 -102 965 311
Indiana 160 -45 1,938 1,069
Iowa 1,114 -691 1,733 1,129
Kansas 58 -59 269 135
Kentucky 14 -7 68 4
Louisiana 0 unch 67 unch
Maryland 20 unch 0 unch
Michigan 52 -38 25 25
Minnesota 564 -285 59 47
Mississippi 0 -11 157 57
Missouri 203 -101 211 170
Montana 0 unch 0 unch
Nebraska 337 -242 224 94
New Jersey 7 unch 0 unch
New Mexico 0 unch 0 unch
New York 88 -20 0 unch
N Carolina 21 -35 0 unch
N Dakota 95 -45 4 4
Ohio 27 -22 493 310
Oklahoma 0 unch 41 25
Pennsylvania 5 -37 0 unch
S Carolina 16 -2 0 unch
S Dakota 211 -185 27 27
Tennessee 3 -48 30 4
Texas 0 unch 142 unch
Vermont 0 unch 0 unch
Virginia 29 -40 0 unch
W Virginia 0 unch 0 unch
Wisconsin 75 -125 8 8
Total US 3,419 -2,164 7,161 3,459
