December 13, 2004

 

 

US 2003 Crop Corn Entries 3.733 Million Bushels

 

Total 2003-crop corn entries into the government's 9-mo price support loan program are 3.733 mln bu, a decrease of 0.697 mln bushels during the week ended Dec 7, according to USDA preliminary figures.

 

Total 2004-crop corn entries into the 9-month loan totaled 570.345 mln bushels, which is  an increase of 95.075 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 30.

 

Source: USDA

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

                    Outstdg                    Outstdg

                   9-Month   Change      9-Month    Change

Alabama            18      unch            219        unch

Arizona              0        unch            286        214

Arkansas            0       unch          2,292        69

California           0        unch           101         unch

Colorado            0       unch          3,385       1,157

Connecticut        68      unch             0          unch

Delaware            0       unch          1,159        39

Florida                0       unch            1           unch

Georgia               5      unch          1,857        -4

Idaho                  0      unch            0           unch

Illinois              342      -86          57,841       5,347

Indiana             338      -25          56,368      5,381

Iowa                 909     -200        168,207     34,228

Kansas                0      unch         12,810       603

Kentucky            21       -5            5,832       -419

Louisiana             0      unch          187          -149

Maryland             2        -4           2,265         119

Massachuset        0      unch            0           unch

Michigan           366      -57          8,408        2,825

Minnesota         416      -93         75,693      20,892

Mississippi           0      unch         3,019          -27

Missouri             21     unch        16,336         595

Montana             0       unch            0            unch

Nebraska         294      -96         61,716       12,229

New Jersey         0      unch           334          unch

New Mexico        0      unch            48           unch

New York         118       -8          2,592           933

North Carol        0      unch         3,880         -210

North Dakot      199    unch         2,282          379

Ohio                 53      -30         18,936        3,138

Oklahoma          0      unch          557             -7

Oregon              0      unch            0            unch

Pennsylvani       40     unch        1,501            -6

South Carol        3       -9          2,688          -370

South Dakot      204    -28        33,827        7,694

Tennessee         12     unch        3,415         -133

Texas                0      unch       10,318       -2,783

Utah                  0      unch            0            unch

Vermont            0      unch            7            unch

Virginia              0      unch        2,532           41

Washington        0      unch          155            75

West Virgin        0      unch           90           unch

Wisconsin        304      -56        9,201          3,225

Wyoming           0      unch            0            unch

Total US         3,733   -697      570,345       95,075

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