November 8, 2004

 

 

US 2003-Crop Wheat Entries 3.886 Million Bushels

 

Total 2003-crop wheat entries into the government's 9-month price support loan program are 3.886 mln bu, an decrease of 0.558 mln bushels during the week ended Nov 2, according to USDA preliminary figures.

 

Total 2004-crop entries into 9-month price support loan program reported 115.633 mln bushels, up 1.923 mln bushels from a week ago.

 

Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2003 and 2004 crop wheat in thousand bushels. Changes are from statistics for the period ended Oct 26.

 

Source: USDA

 

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

              Outstanding      Outstanding

              9-Month  Change  9-Month    Change

Alaba              0     unch       15           unch

Arizona           0      unch      269         unch

Arkansas        0      unch       43          unch

California       25     unch    2,594          -7

Colorado       69        -5     2,664           12

Delaware        0     unch        6            unch

Florida            0     unch       30           unch

Georgia          0      unch      113         unch

Idaho          112      -19     6,309         173

Illinois            0     unch      915           -31

Indiana         17     unch      295         unch

Iowa             0       unch        7          unch

Kansas         45      -10    16,438        -139

Kentucky       0      unch      588           -30

Louisiana       0      unch        0          unch

Maryland       0      unch      230        unch

Michigan        0      unch      684           13

Minnesota    405      -70    9,681         197

Mississippi      0      unch       40        unch

Missouri        10     unch      876           -5

Montana       898      -39   13,054     1,126

Nebraska       25      -86    3,401        20

Nevada           0     unch        0        unch

New Jerse       0     unch        0          -7

New Mexico     0     unch      296       unch

New York        8       -2        997         -2

N Carolina      0      unch      213        -20

N Dakota    1,853     -231   11,371      574

Ohio               0      unch      389         -1

Oklahoma       0      unch   12,983      -146

Oregon          41     unch    2,796        20

Pennsylvania   2     unch      118         -2

S Carolina       0     unch      377        -42

S Dakota      204      -27   13,106       167

Tennessee       0     unch      161       unch

Texas            27     unch     3,197       -30

Utah             19       -6         505        -1

Virginia          1       unch      259      unch

Washington    123      -63   10,168        84

W Virginia        0     unch       37        unch

Wisconsin        2      unch      219       unch

Wyoming         0      unch      189       unch

Total US      3,886     -558  115,633     1,923