October 24, 2005

 

US 2005 crop soybeans entries 56.811 million bushels
 

 

Total 2005 crop soybean entries into the government's 9-month price support loan program 56.811 million bushels, an increase of 32.276 million bushels during the week ended Oct 18, according to USDA.

 

Total 2004-crop entries into the 9-month price support loan program reported 13.976 million bushels, down 4.995 million bushels from a week ago.

 

Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2004 and 2005 crop soybeans in 1,000 bushels. Changes are from statistics for the period ended Oct 11.

 

Source: USDA

 

              ---2005-crop --   ---2004-crop---

            Outstanding      Outstanding

            9-Month     Change    9-Month    Change

Alabama        22    unchanged    26        -7

Arkansas        690       90          187     unchanged

Califormia        0      unchanged  0       unchanged

Colorado          0     unchanged   0      unchanged

Conn              0     unchanged   10      unchanged

Delaware         6        6             28      -10

Florida            3      unchanged    5     unchanged

Georgia           5     unchanged    60      -14

Illinois          4,024    2,460       2,013     -459

Indiana         4,731    3,396        500     -169

Iowa           20,707   10,545       2,948   -1,465

Kansas          960      672          325     -238

Kentucky         77        3           136      -15

Louisiana        188        9            0     unchanged

Maryland          0      unchanged  46      -11

Michigan       1,033      646         226     -135

Minnesota     8,898    5,313       1,817     -957

Mississippi     1,072      180           4       -5

Missouri        1,092      837       1,421     -258

Montana           0      unchanged    0     unchanged

Nebraska      4,329    2,979       1,112     -459

New Jersey       0     unchanged   61      -11

New Mexico       0     unchanged   0     unchanged

New York        160      135         324      -76

N Carolina       26      unchanged   219     -104

N Dakota      1,496      785         426      -76

Ohio            1,577    1,003         240      -61

Oklahoma        58       14           1      unchanged

Pennsylvania    55        1           143       -4

S Carolina       14      unchanged  87       -1

S Dakota       4,712    2,731        850     -302

Tennessee     183        45          158       -4

Texas            42         31          51       -4

Vermont         0      unchanged    0      unchanged

Virginia          25       17            258      -21

W Virginia       0      unchanged   0      unchanged

Wisconsin       626      378         294     -129

Total US      56,811   32,276     13,976   -4,995