December 6, 2004

 

 

US 2003 Crop Corn Entries 4.430 Million Bushels

 

Total 2003-crop corn entries into the government's 9-mo price support loan program are 4.430 mln bu, a decrease of 1.520 mln bushels during the week ended Nov 30, according to USDA preliminary figures.

 

Total 2004-crop corn entries into the 9-month loan totaled 475.270 mln bushels, which is  an increase of 89.490 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 23.

 

Source: USDA

 

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

                 Outstdg                    Outstdg

                9-Month   Change      9-Month    Change

Alabama           18     unch          219           -13

Arizona             0      unch           72           unch

Arkansas           0     unch         2,223         -220

California          0      unch          101          unch

Colorado           0       -39         2,228        1,066

Connecticut      68      -16            0            unch

Delaware          0     unch         1,120          252

Florida              0     unch            1                1

Georgia            5       -3           1,861          -96

Idaho               0      unch            0           unch

Illinois           428      -118       52,494       6,714

Indiana          363      -68        50,987       6,668

Iowa           1,109     -398      133,979      27,741

Kansas             0      unch       12,207        1,504

Kentucky         26     unch        6,251         -24

Louisiana          0      unch          336        -144

Maryland          6      unch        2,146        284

Massachuset     0      unch            0         unch

Michigan          423    -157        5,583      1,506

Minnesota        509    -238        54,801    15,707

Mississippi         0     unch        3,046        -79

Missouri           21      -21        15,741       970

Montana           0      unch            0         unch

Nebraska        390     -196       49,487    12,661

New Jersey       0       -3            334          31

New Mexico       0     unch           48        unch

New York         126      -26        1,659       581

North Carol       0      unch        4,090      -231

North Dakot      199       -3        1,903       316

Ohio                 83      -56       15,798     3,994

Oklahoma          0     unch          564        59

Oregon              0     unch            0        unch

Pennsylvani       40      -24        1,507       412

South Carol       12    unch        3,058        15

South Dakot     232      -77       26,133    8,174

Tennessee         12    unch        3,548       244

Texas                0     unch       13,101     -828

Utah                  0     unch            0        unch

Vermont            0      unch            7         7

Virginia              0     unch        2,491       226

Washington        0     unch           80         37

West Virgin        0     unch           90         25

Wisconsin        360      -77        5,976     1,930

Wyoming           0     unch            0        unch

Total US       4,430   -1,520      475,270   89,490