November 15, 2004

 

 

US 2003 Crop Corn Entries 8.741 Million Bushels


Total 2003-crop corn entries into the government's 9-mo price support loan program are 8.741 mln bu, a decrease of 5.826 mln bushels during the week ended Nov 9, according to USDA preliminary figures.
 
Total 2004-crop corn entries into the 9-month loan totaled 200.426 mln bushels, which is  an increase of 64.808 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 Nov 2.
 
Source: USDA
            ---2003-crop---       ---2004-crop---
                 Outstdg               Outstdg
                 9-Month   Change   9-Month    Change
Alabama           19     unch          161           -8
Arizona              0     unch           72           unch
Arkansas           0      unch        2,363          96
California          0      unch           94           unch
Colorado          39      -15          162            39
Connecticut      84     unch            0            unch
Delaware          0      unch          840          241
Florida              0      unch            0            unch
Georgia            8      unch        2,063           -1
Idaho               0      unch            0            unch
Illinois           748     -280        32,793        8,257
Indiana          722     -183       29,225        8,035
Iowa           2,182   -2,164       40,675      22,889
Kansas             2      unch        6,594         1,892
Kentucky         26      -13         4,646           426
Louisiana          0      unch          914         unch
Maryland          6      unch        1,238           99
Massachuset     0      unch            0          unch
Michigan         803     -527          899         383
Minnesota      1,280  -1,074       10,576     6,132
Mississippi        0       -41          3,119       308
Missouri          82      -90          12,814     1,807
Montana           0     unch            0           unch
Nebraska       835     -673       14,326      7,319
New Jersey       3     unch          127           48
New Mexico      0      unch            0          unch
New York       292      -81          283          106
North Carol      0      unch        4,410        503
North Dakot    221      -25         355          138
Ohio               208     -166        4,142      1,348
Oklahoma         0     unch          457          64
Oregon             0     unch            0           unch
Pennsylvani     77       -6           446         149
South Carol     12     unch         3,034        -22
South Dakot    425     -254        4,798      3,086
Tennessee       12     unch        3,078        370
Texas              0      unch       12,104        -89
Utah                0      unch            0         unch
Vermont          0      unch            0         unch
Virginia            0        -1          2,135       350
Washington      0       unch           43       unch
West Virgin      0       unch           65        65
Wisconsin      655     -233        1,375       778
Wyoming         0       unch            0        unch
Total US       8,741   -5,826    200,426    64,808


 

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