September 27, 2004

 

 

US 2003 Crop Soybeans Entries 6.826 Million Bushels


Total 2003-crop soybean entries into the government's 9-mo price support loan program 6.826mln bu, a decrease of 1.395 mln bushels during the week ended Sep 21, according to USDA preliminary figures.
 
Total 2004-crop entries into the 9-mo price support loan program reported 0.992 mln bu, up 0.519 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 14.
 
Source: USDA
 
              ---2003-crop --   ---2004-crop---
            Outstanding      Outstanding
            9-Month  Change    9-Month    Change
Alabama           0     unch           0     unch
Arkansas         19     unch         291       36
Califormia        0     unch           0     unch
Colorado          0     unch           0     unch
Delaware          0     unch           0     unch
Florida           0     unch           0     unch
Georgia          11      -38           0     unch
Illinois        580      -77         116      113
Indiana         227      -62         187      175
Iowa          2,267     -496          26       26
Kansas          136       -2          13        7
Kentucky         28       -2          45       45
Louisiana         0     unch          14     unch
Maryland         20     unch           0     unch
Michigan        114      -14           0     unch
Minnesota     1,090     -243           0     unch
Mississippi      11     unch          80       38
Missouri        362      -51          21       18
Montana           0     unch           0     unch
Nebraska        668     -291          24       24
New Jersey        8       -2           0     unch
New Mexico        0     unch           0     unch
New York        118      -33           0     unch
N Carolina       65     unch           0     unch
N Dakota        153     unch           0     unch
Ohio             51      -33          15       15
Oklahoma          0     unch           7        7
Pennsylvania     65       -2           0     unch
S Carolina       18     unch           0     unch
S Dakota        455      -40           0     unch
Tennessee        69     unch          15       15
Texas             0     unch         138     unch
Vermont           0     unch           0     unch
Virginia         68     unch           0     unch
W Virginia        7     unch           0     unch
Wisconsin       216       -9           0     unch
Total US      6,826   -1,395         992      519

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