November 8, 2004

 

 

US 2003 Crop Corn Entries 14.567 Million Bushels

 

Total 2003-crop corn entries into the government's 9-mo price support loan program are 14.567 mln bu, a decrease of 9.505 mln bushels during the week ended Nov 2, according to USDA preliminary figures.

 

Total 2004-crop corn entries into the 9-month loan totaled 135.618 mln bushels, which is  an increase of 30.682 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 26.

 

Source: USDA

                        ---2003-crop---       ---2004-crop---

                            Outstdg               Outstdg

                            9-Month   Change      9-Month    Change

Alabama                  19                 -1          169         8

Arizona                     0              unch           72       unch

Arkansas                  0              unch         2,267        48

California                  0              unch           94       unch

Colorado                 54                -25          123        60

Connecticut             84              unch            0        unch 

Delaware                  0              unch          599      unch

Florida                      0              unch            0        unch

Georgia                    8              unch        2,064        64

Idaho                       0              unch            0        unch

Illinois                1,028              -624       24,536     7,308

Indiana                 905              -287       21,190     3,585

Iowa                  4,346           -2,321       17,786      9,127

Kansas                    2                 -8        4,702        975

Kentucky               39               -17         4,220        327

Louisiana                0               unch          914       -14

Maryland                 6                  -9        1,139        20

Massachuset            0               unch            0         unch

Michigan            1,330              -648          516        251

Minnesota           2,354            -2,106        4,444      1,937

Mississippi              41              unch        2,811        74

Missouri                172              -108       11,007      1,135

Montana                  0               unch            0         unch

Nebraska           1,508             -1,520        7,007       2,854

New Jersey              3                   -1           79         15

New Mexico             0                unch            0          unch

New York             373                -175          177         90

North Carol             0                   -5        3,907         231

North Dakot         246                 -39         217           213

Ohio                   374                 -179       2,794         906

Oklahoma             0                  unch          393         -5

Oregon                 0                  unch            0          unch

Pennsylvani          83                    -3          297           68

South Carol          12                  unch        3,056        240

South Dakot         679                 -965        1,712       729

Tennessee            12                   -11         2,708        149

Texas                    0                   unch       12,193        37

Utah                      0                   unch            0         unch

Vermont                0                   unch            0         unch

Virginia                 1                   unch        1,785       -21

Washington           0                   unch           43        unch

West Virgin           0                    -12            0          unch

Wisconsin            888                 -439          597        271

Wyoming              0                    -2            0            unch

Total US           14,567               -9,505    135,618    30,682

Video >

Follow Us

FacebookTwitterLinkedIn