December 20, 2004

 

 

US 2003 Crop Corn Entries 3.253 Million Bushels

 

Total 2003-crop corn entries into the government's 9-mo price support loan program are 3.253 mln bu, a decrease of 0.480 mln bushels during the week ended Dec 14, according to USDA preliminary figures.

 

Total 2004-crop corn entries into the 9-month loan totaled 645.115 mln bushels, which is  an increase of 74.770 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 Dec 7.

 

Source: USDA

 

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

                Outstdg                      Outstdg

                9-Month    Change      9-Month    Change

Alabama         18        unch           219         unch

Arizona            0        unch           286         unch

Arkansas          0       unch         2,379           87

California         0        unch           101         unch

Colorado          0       unch         3,898          513

Connecticut      0        -68               0          unch

Delaware          0      unch         1,180           21

Florida              0      unch            1            unch

Georgia            4        -1           1,635        -222

Idaho               0      unch            0            unch

Illinois            280      -62        61,013        3,172

Indiana          257       -81        58,434       2,066

Iowa              796     -113      195,333      27,126

Kansas             0      unch        13,407        597

Kentucky         21     unch         5,973         141

Louisiana          0      unch          187          unch

Maryland          2      unch         2,214         -51

Massachuset     0      unch            0           unch

Michigan         306      -60       11,065       2,657

Minnesota       458       42       91,581      15,888

Mississippi        0      unch        2,818         -201

Missouri           21     unch       17,411      1,075

Montana           0      unch            0          unch

Nebraska        272      -22       72,276     10,560

New Jersey       0      unch          336           2

New Mexico       0     unch           48         unch

New York        105      -13        2,998        406

North Carol       0      unch        3,902        22

North Dakot     170     -29        3,008        726

Ohio                52       -1       20,636      1,700

Oklahoma         0      unch          520        -37

Oregon             0      unch            0        unch

Pennsylvani      36       -4        2,052         551

South Carol       3      unch        2,638       -50

South Dakot     159     -45       38,927     5,100

Tennessee        12      unch        3,510        95

Texas                0      unch        9,859      -459

Utah                  0      unch            0         unch

Vermont            0      unch            7         unch

Virginia             0      unch        2,641       109

Washington        0     unch          939        784

West Virgin        0      unch           90        unch

Wisconsin        281      -23       11,593     2,392

Wyoming           0      unch            0        unch

Total US        3,253    -480      645,115    74,770

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