November 1, 2004

 

 

2003 Crop Corn Entries 24.072 Million Bushels


Total 2003-crop corn entries into the government's 9-mo price support loan program are 24.072 mln bu, a decrease of 10.619 mln bushels during the week ended Oct 26, according to USDA preliminary figures.
 
Total 2004-crop corn entries into the 9-month loan totaled 104.936 mln bushels, which is an increase of 30.033 mln 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 Oct 19.
 
Source: USDA
 
               ---2003-crop---       ---2004-crop---
                  Outstdg               Outstdg
            9-Month   Change      9-Month    Change
Alabama           20     unch          161      unch
Arizona            0     unch           72        72
Arkansas           0     unch        2,219       139
California         0     unch           94         4
Colorado          79     -120           63        40
Connecticut       84     unch            0      unch
Delaware           0     unch          599       128
Florida            0     unch            0      unch
Georgia            8     unch        2,000       -61
Idaho              0     unch            0      unch
Illinois       1,652     -456       17,228     5,787
Indiana        1,192     -544       17,605     6,575
Iowa           6,667   -2,510        8,659     4,122
Kansas            10      -81        3,727       931
Kentucky          56     unch        3,893       695
Louisiana          0     unch          928        12
Maryland          15       -8        1,119       265
Massachuset        0     unch            0      unch
Michigan       1,978     -418          265       149
Minnesota      4,460   -2,563        2,507     2,009
Mississippi       41     unch        2,737        32
Missouri         280     -127        9,872     1,623
Montana            0     unch            0      unch
Nebraska       3,028   -1,664        4,153     2,408
New Jersey         4      -81           64        64
New Mexico         0     unch            0      unch
New York         548     -220           87        87
North Carol        5     unch        3,676       287
North Dakot      285     -122            4         4
Ohio             553     -333        1,888       825
Oklahoma           0     unch          398        47
Oregon             0     unch            0      unch
Pennsylvani       86      -12          229       103
South Carol       12     unch        2,816       137
South Dakot    1,644     -510          983       868
Tennessee         23       -9        2,559       208
Texas              0     unch       12,156     2,082
Utah               0     unch            0      unch
Vermont            0     unch            0      unch
Virginia           1     unch        1,806       190
Washington         0     unch           43      unch
West Virgin       12     unch            0      unch
Wisconsin      1,327     -841          326       201
Wyoming            2     unch            0      unch
Total US      24,072  -10,619      104,936    30,033

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