November 22, 2004

 

 

US 2003 Crop Corn Entries 7.505 Million Bushels

 

Total 2003-crop corn entries into the government's 9-mo price support loan program are 7.505 mln bu, a decrease of 1.236 mln bushels during the week ended Nov 16, according to USDA preliminary figures.

 

Total 2004-crop corn entries into the 9-month loan totaled 277.817 mln bushels, which is  an increase of 77.391 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 9.

 

Source: USDA

 

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

                     Outstdg                    Outstdg

                    9-Month   Change      9-Month    Change

Alabama           18             -1          191           30

Arizona            0             unch          72           unch

Arkansas          0            unch        2,432         69

California         0            unch          101          7

Colorado         39           unch          496          334

Connecticut      84          unch            0            unch

Delaware          0           unch          861          21

Florida              0           unch            0            unch

Georgia            8           unch         2,004       -59

Idaho               0           unch            0            unch

Illinois           677           -71         39,424       6,631

Indiana          680          -42          36,800      7,575

Iowa           1,887         -295         65,741     25,066

Kansas             0            -2           8,025        1,431

Kentucky          26        unch         5,641         995

Louisiana          0         unch          761            -153

Maryland          6         unch          1,768           530

Massachuset     0         unch            0              unch

Michigan         662        -141         2,232         1,333

Minnesota       963        -317         22,192      11,616

Mississippi        0         unch           3,174           55

Missouri          77           -5           14,033      1,219

Montana           0         unch            0              unch

Nebraska       807         -28          23,768       9,442

New Jersey       3        unch             153            26

New Mexico       0        unch              0           unch

New York       179       -113           643             360

North Carol       0       unch            4,456           46

North Dakot    221      unch           1,034          679

Ohio              163       -45             7,122       2,980

Oklahoma         0      unch              490            33

Oregon             0      unch                0           unch

Pennsylvani     77      unch             669           223

South Carol     12      unch            3,056           22

South Dakot   414      -11             9,965        5,167

Tennessee       12     unch            3,198          120

Texas              0      unch           12,743          639

Utah                0      unch                0           unch

Vermont          0      unch                0           unch

Virginia           0      unch             2,231         96

Washington     0       unch              43           unch

West Virgin      0      unch              65           unch

Wisconsin     490     -165           2,233           858

Wyoming         0      unch               0            unch

Total US       7,505  -1,236       277,817       77,391

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