February 21, 2005

 

 

2004 US crop soybeans entries 353.607 million bushels

 

Total 2003-crop soybean entries into the government's 9-mo price support loan program 0.104 mln bu, a decrease of 0.015 mln bushels during the week ended Feb 15, according to USDA preliminary figures.

 

Total 2004-crop entries into the 9-mo price support loan program reported 353.607 mln bu, up 1.275 mln bu from a week ago.

 

Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2003 & 2004 crop soybeans in 1,000 bu. Changes are from statistics for the period ended Feb 8.

 

Source: USDA

 

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

                      Outstanding      Outstanding

               9-Month  Change    9-Month    Change

Alabama          0     unch         129       unch

Arkansas          0     unch       9,871       18

Califormia        0     unch           3        unch

Colorado          0     unch          26       unch

Conn               0     unch          10       unch

Delaware         0     unch         562        13

Florida             0     unch          44       unch

Georgia           0      unch         408        5

Illinois            43       -4         33,572     368

Indiana            0      unch       25,973    -468

Iowa               20       -7        98,731     254

Kansas            5      unch       6,897        78

Kentucky         0      unch       2,653       -74

Louisiana         0      unch         253        -73

Maryland          0     unch       1,053        -7

Michigan          3      unch        6,953      -43

Minnesota       19     unch       53,183      84

Mississippi        0      unch       1,200       26

Missouri           0      unch      20,562      326

Montana           0     unch           7        unch

Nebraska          0       -4        26,674      180

New Jersey       0      unch         274     unch

New Mexico       0     unch           0       unch

New York          0      unch       1,679      -17

N Carolina         0     unch       4,384      169

N Dakota           0     unch       6,331      108

Ohio                  4     unch      17,647    -188

Oklahoma          0     unch         354       -1

Pennsylvania      0     unch       1,361      61

S Carolina          0     unch       1,879      67

S Dakota          -1     unch      20,626     197

Tennessee         0     unch       1,183       16

Texas                1     unch         413       4

Vermont            0     unch           1       unch

Virginia              0     unch       2,447       63

W Virginia          0     unch         146        -3

Wisconsin          10    unch       6,118       112

Total US           104     -15     353,607    1,275

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