October 18, 2004
2003 US Crop Soybeans Entries 2.851 Mln Bushels
Total 2003-crop soybean entries into the government's 9-mo price support loan program are 2.851 mln bu, a decrease of 0.568 mln bushels during the week ended Oct 12, according to USDA preliminary figures.
Total 2004 - crop entries into the 9-mo price support loan program reported 23.193 mln bu, up 16.032 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 Oct 5.
Source: USDA
---2003-crop -- ---2004-crop---
Outstanding Outstanding
9-Month Change 9-Month Change
Alabama 0 unch 9 unch
Arkansas 5 unch 857 166
Califormia 0 unch 0 unch
Colorado 0 unch 0 unch
Delaware 0 unch 0 unch
Florida 0 unch 0 unch
Georgia 0 unch 0 unch
Illinois 282 -33 2,226 1,261
Indiana 138 -22 4,086 2,148
Iowa 937 -177 9,036 7,303
Kansas 22 -36 518 249
Kentucky 14 unch 86 18
Louisiana 0 unch 76 9
Maryland 20 unch 0 unch
Michigan 30 -22 133 108
Minnesota 506 -58 1,149 1,090
Mississippi 0 unch 203 46
Missouri 182 -21 543 332
Montana 0 unch 0 unch
Nebraska 234 -103 1,471 1,247
New Jersey 7 unch 0 unch
New Mexico 0 unch 0 unch
New York 55 -33 0 unch
N Carolina 21 unch 2 2
N Dakota 54 -41 134 130
Ohio 27 unch 1,753 1,260
Oklahoma 0 unch 71 30
Pennsylvania 5 unch 11 11
S Carolina 16 unch 0 unch
S Dakota 202 -9 508 481
Tennessee 3 unch 37 7
Texas 0 unch 187 45
Vermont 0 unch 0 unch
Virginia 26 -3 0 unch
W Virginia 0 unch 0 unch
Wisconsin 65 -10 97 89
Total US 2,851 -568 23,193 16,032
