October 25, 2004
US 2003 Crop Soybeans Entries 2.361 Million Bushels
Total 2003-crop soybean entries into the government's 9-mo price support loan program 2.361mln bu, a decrease of 0.490 mln bushels during the week ended Oct 19, according to USDA preliminary figures.
Total 2004-crop entries into the 9-mo price support loan program reported 58.736 mln bu, up 35.543 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 Oct 12.
Source: USDA
---2003-crop -- ---2004-crop---
Outstanding Outstanding
9-Month Change 9-Month Change
Alabama 0 unch 16 7
Arkansas 5 unch 2,102 1,245
Califormia 0 unch 0 unch
Colorado 0 unch 0 unch
Delaware 0 unch 0 unch
Florida 0 unch 0 unch
Georgia 0 unch 0 unch
Illinois 232 -50 5,221 2,995
Indiana 120 -18 8,702 4,616
Iowa 810 -127 21,634 12,598
Kansas 22 unch 1,335 817
Kentucky 14 unch 170 84
Louisiana 0 unch 101 25
Maryland 20 unch 38 38
Michigan 15 -15 558 425
Minnesota 374 -132 5,506 4,357
Mississippi 0 unch 351 148
Missouri 144 -38 1,125 582
Montana 0 unch 0 unch
Nebraska 189 -45 3,683 2,212
New Jersey 7 unch 0 unch
New Mexico 0 unch 0 unch
New York 16 -39 3 3
N Carolina 21 unch 9 7
N Dakota 54 unch 601 467
Ohio 13 -14 3,839 2,086
Oklahoma 0 unch 83 12
Pennsylvania 5 unch 44 33
S Carolina 14 -2 0 unch
S Dakota 193 -9 2,956 2,448
Tennessee 3 unch 68 31
Texas 0 unch 195 8
Vermont 0 unch 0 unch
Virginia 26 unch 20 20
W Virginia 0 unch 0 unch
Wisconsin 64 -1 376 279
Total US 2,361 -490 58,736 35,543
