October 24, 2005

 

US 2005 crop corn entries 55.365 million bushels
 

 

Total 2005-crop corn entries into the government's 9-month price support loan program are 55.365 million bushels, an increase of 17.312 million bushels during the week ended Oct 18, according to USDA.

 

Total 2004-crop corn entries into the 9-month loan totalled 84.744 million bushels, which is a decrease of 16.079 million bushels.

 

Following is a breakdown of activity in the regular 9-month non-recourse loan program for 2004 and 2005 crop corn in thousand bushels. Changes are from statistics for the period ended Oct 11.

 

Source: USDA

            ---2005-crop---       ---2004-crop---

               Outstdg               Outstdg

                9-Month   Change      9-Month    Change

Alabama           59        17                0      unchanged

Arizona          107        107              106    unchanged

Arkansas       1,538       61              6        -8

California         0       unchanged      0      unchanged

Colorado         141     unchanged   205      -156

Connecticut      0     unchanged        0       unchanged

Delaware        453      246               0      unchanged

Florida            18     unchanged       8       unchanged

Georgia        1,410       38              20      unchanged

Idaho              0     unchanged         2        -1

Illinois         7,818    2,782           7,227    -1,091

Indiana        6,372    2,353          2,942      -688

Iowa           6,413    4,087          21,187    -3,956

Kansas         3,289    1,100            547       -51

Kentucky       1,713      302           161      unchanged

Louisiana        643     unchanged     -1       unchanged

Maryland         176       23              46      unchanged

Massachuset      0     unchanged      0      unchanged

Michigan         349      170            2,354      -310

Minnesota        832      637          18,071    -4,231

Mississippi    1,361       47               0       unchanged

Missouri       5,281      657           1,789      -191

Montana            0     unchanged      0      unchanged

Nebraska       3,292    1,669        15,051    -3,078

New Jersey         0     unchanged     84       -25

New Mexico       100      100            0      unchanged

New York          24       16             775       -50

North Carol    2,125      240            83        -5

North Dakot        7        7            1,261      -293

Ohio             313       61             1,475      -165

Oklahoma         368       -1            14      unchanged

Oregon             0     unchanged      0       unchanged

Pennsylvani      146       24           190       -31

South Carol      903      111           10      unchanged

South Dakot    1,942    1,136      7,236    -1,297

Tennessee      1,252      298         132      unchanged

Texas          5,570      282             97      unchanged

Utah                 0       unchanged     4       unchanged

Vermont           0     unchanged       0      unchanged

Virginia         1,033      538            98       -10

Washington         0     unchanged     0      unchanged

West Virgin        0      unchanged     0       unchanged

Wisconsin        317      204           3,530      -442

Wyoming            0     unchanged     34      unchanged

Total US       55,365     17,312      84,744   -16,079