November 15, 2004
US 2003 Crop Soybeans Entries 0.845 Million Bushels
Total 2003-crop soybean entries into the government's 9-mo price support loan program 0.845mln bu, a decrease of 0.420 mln bushels during the week ended Nov 9, according to USDA preliminary figures.
Total 2004-crop entries into the 9-mo price support loan program reported 161.802 mln bu, up 39.709 mln bu from a week ago.
Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2003 & 2002 crop soybeans in 1,000 bu. Changes are from statistics for the period ended Nov 2.
Source: USDA
---2003-crop -- ---2004-crop---
Outstanding Outstanding
9-Month Change 9-Month Change
Alabama 0 unch 25 6
Arkansas 5 unch 6,279 2,482
Califormia 0 unch 0 unch
Colorado 0 unch 0 unch
Delaware 0 unch 83 47
Florida 0 unch 0 unch
Georgia 0 unch 0 unch
Illinois 138 -30 15,196 4,074
Indiana 44 -48 18,947 3,164
Iowa 314 -143 52,371 13,090
Kansas 6 unch 3,220 922
Kentucky 13 unch 426 121
Louisiana 0 unch 126 7
Maryland 6 unch 167 48
Michigan 7 unch 1,734 541
Minnesota 115 -42 21,220 5,452
Mississippi 0 unch 625 51
Missouri 34 -22 4,282 1,231
Montana 0 unch 1 1
Nebraska 43 -16 10,531 2,957
New Jersey 7 unch 10 unch
New Mexico 0 unch 0 unch
New York 6 unch 78 42
N Carolina 16 unch 50 19
N Dakota 22 -9 2,205 453
Ohio 4 unch 8,847 1,787
Oklahoma 0 unch 111 7
Pennsylvania 1 unch 139 67
S Carolina 7 -7 0 unch
S Dakota 19 -87 12,784 2,452
Tennessee 3 unch 223 35
Texas 0 unch 242 18
Vermont 0 unch 0 unch
Virginia 9 -11 53 22
W Virginia 0 unch 9 6
Wisconsin 26 -5 1,818 607
Total US 845 -420 161,802 39,709
