September 20, 2004

 

 

US 2003 Crop Soybeans Entries 8.221 Million Bushels


Total 2003-crop soybean entries into the government's 9-mo price support loan program 8.221mln bu, a decrease of 1.426 mln bushels during the week ended Sep 14, according to USDA preliminary figures.
 
Total 2004-crop entries into the 9-mo price support loan program reported 0.473 mln bu, up 0.267 mln bu from a week ago.
 
Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2003 & 2002 crop soybeans in 1,000 bu. Changes are from statistics for the period ended Sep 7.
 
Source: USDA 
 
                          ---2003-crop --   ---2004-crop---
                           Outstanding      Outstanding
                   9-Month  Change    9-Month    Change
Alabama           0     unch           0     unch
Arkansas         19      -19         255       52
Califormia        0      unch           0     unch
Colorado          0      unch           0     unch
Delaware          0      unch           0     unch
Florida             0       unch           0     unch
Georgia          49        -6           0     unch
Illinois        657         -98           3        3
Indiana         289     -105          12       12
Iowa          2,763     -555           0     unch
Kansas          138      -10           6        6
Kentucky         30       -4           0     unch
Louisiana         0     unch          14       14
Maryland         20       -2           0     unch
Michigan        128      -42           0     unch
Minnesota     1,333     -176           0     unch
Mississippi      11     unch          42       42
Missouri        413      -93           3     unch
Montana           0     unch           0     unch
Nebraska        959     -133           0     unch
New Jersey       10     unch           0     unch
New Mexico        0     unch           0     unch
New York        151       -8           0     unch
N Carolina       65       -1           0     unch
N Dakota        153       -8           0     unch
Ohio             84      -77           0     unch
Oklahoma          0     unch           0     unch
Pennsylvania     67      -14           0     unch
S Carolina       18       -6           0     unch
S Dakota        495      -39           0     unch
Tennessee        69     unch           0     unch
Texas             0     unch         138      138
Vermont           0     unch           0     unch
Virginia         68     unch           0     unch
W Virginia        7     unch           0     unch
Wisconsin       225      -30           0     unch
Total US      8,221   -1,426         473      267

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