OCE Release #2-98 Raymond L. Bridge, 202-720-5447, rbridge@oce.usda.gov CORRECTION: MAY 12 SUPPLY AND DEMAND ESTIMATES REPORT Washington, May 13 In yesterday's World Agricultural Supply and Demand Estimates report the tables for world coarse grains and world corn showed incorrect totals for the Southeast Asia category. Corrected tables are attached. The corrected electronic version of the report is posted at www.usda.gov/oce/waob/wasde/wasde.htm. # WASDE-338-16 World Coarse Grain Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 1996/97 : World 3/ : 94.86 908.12 103.62 578.54 881.31 106.48 121.67 United States : 14.44 267.56 2.93 157.07 206.40 51.52 27.01 Total foreign : 80.42 640.56 100.69 421.47 674.91 54.95 94.66 Major exporters 4/ : 5.48 66.80 1.25 32.37 42.54 23.07 7.91 Argentina : 0.71 18.93 0.08 4.79 6.78 11.84 1.11 Australia : 0.66 10.15 0.00 4.50 5.73 4.41 0.67 Canada : 2.90 28.19 0.92 18.67 21.31 5.43 5.28 Major importers 5/ : 24.05 196.86 64.64 171.89 234.19 24.62 26.75 EU-15 : 9.83 103.75 16.90 72.58 95.52 22.79 12.17 East. Europe : 4.16 49.56 1.88 38.38 49.71 1.70 4.19 Japan : 2.06 0.24 20.66 16.44 20.85 0.00 2.11 Mexico : 3.43 26.33 5.37 15.85 31.39 0.04 3.70 Southeast Asia : 1.33 14.31 3.99 13.41 18.33 0.07 1.24 South Korea : 0.75 0.49 8.77 6.97 9.15 0.00 0.86 Selected other : China : 33.70 141.32 2.13 92.55 130.59 4.00 42.55 FSU-12 6/ : 4.93 52.15 1.39 33.21 53.58 1.55 3.33 Russia : 1.49 31.65 0.51 19.59 32.31 0.35 0.99 Ukraine : 1.74 9.51 0.03 5.70 10.19 0.23 0.86 : : 1997/98 (Estimated) : World 3/ : 121.67 897.48 100.93 588.95 892.68 102.55 126.47 United States : 27.01 265.42 3.05 162.05 214.64 44.21 36.63 Total foreign : 94.66 632.06 97.88 426.90 678.04 58.34 89.84 Major exporters 4/ : 7.91 66.68 1.62 33.72 44.12 23.60 8.50 Argentina : 1.11 24.05 0.01 6.01 8.12 15.16 1.89 Australia : 0.67 8.89 0.00 4.31 5.51 3.19 0.86 Canada : 5.28 25.22 1.01 19.06 21.76 4.85 4.90 Major importers 5/ : 26.75 207.53 62.86 173.24 235.21 23.92 38.01 EU-15 : 12.17 108.98 17.87 73.75 96.19 19.85 22.99 East. Europe : 4.19 58.21 0.73 42.18 53.38 3.27 6.48 Japan : 2.11 0.20 20.59 16.39 20.79 0.00 2.10 Mexico : 3.70 24.25 6.61 15.97 31.56 0.50 2.50 Southeast Asia : 1.24 13.55 3.20 11.54 16.65 0.30 1.04 South Korea : 0.86 0.35 7.78 6.00 8.29 0.00 0.70 Selected other : China : 42.55 122.40 1.80 97.15 134.40 6.05 26.30 FSU-12 6/ : 3.33 67.95 1.38 37.31 61.92 3.33 7.42 Russia : 0.99 40.85 0.50 23.16 36.50 1.80 4.04 Ukraine : 0.86 15.35 0.00 5.75 13.73 0.98 1.51 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, and South Africa. 5/ Eastern Europe, the EU-15 (includes intra-trade), Non-EU Western Europe, Mexico, Japan, South Korea, Taiwan, and Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). 6/ Includes imports and exports among the nations of the former USSR. Former USSR excluding the Baltic States. WASDE-338-17 World Coarse Grain Supply and Use 1/ (Cont'd.) (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 1998/99 (Projected) World 3/ : May : 126.47 906.80 100.74 596.06 902.57 103.15 130.70 United States : May : 36.63 269.87 2.88 163.77 217.66 45.66 46.07 Total foreign : May : 89.84 636.93 97.86 432.28 684.91 57.49 84.63 Major exporters 4/ : May : 8.50 66.98 1.37 34.33 44.70 22.99 9.17 Argentina May : 1.89 22.20 0.01 5.83 7.99 14.06 2.05 Australia May : 0.86 8.91 0.00 4.51 5.53 3.38 0.86 Canada May : 4.90 26.85 1.01 19.66 22.55 4.80 5.41 Major importers 5/ : May : 38.01 196.72 61.72 170.22 232.59 25.99 37.86 EU-15 May : 22.98 103.41 18.33 73.87 95.98 23.67 25.07 East. Europe May : 6.48 50.59 0.74 39.98 51.33 1.93 4.55 Japan May : 2.10 0.23 20.29 16.09 20.49 0.00 2.13 Mexico May : 2.50 25.75 6.42 16.43 32.14 0.10 2.43 Southeast Asia May : 1.04 14.35 2.80 11.24 16.85 0.30 1.04 South Korea May : 0.70 0.49 7.20 5.50 7.71 0.00 0.68 Selected other : China May : 26.30 134.95 2.30 100.60 138.05 4.10 21.40 FSU-12 6/ May : 7.42 61.26 1.38 36.72 60.61 2.83 6.62 Russia May : 4.04 37.50 0.50 23.45 36.90 1.55 3.59 Ukraine May : 1.51 13.50 0.00 5.85 12.90 0.80 1.31 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit and reporting discrepancies in some countries. 4/ Argentina, Australia, Canada, and South Africa. 5/ Eastern Europe, the EU-15 (includes intra-trade), Non-EU Western Europe, Mexico, Japan, South Korea, Taiwan, and Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). 6/ Includes imports and exports among the nations of the former USSR. Former USSR excluding the Baltic States. WASDE-338-18 World Corn Supply and Use 1/ (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 1996/97 : World 3/ : 66.08 591.44 71.17 396.71 571.94 72.73 85.57 United States : 10.82 236.06 0.34 136.21 179.19 45.60 22.43 Total foreign : 55.26 355.37 70.84 260.49 392.75 27.14 63.14 Major exporters 4/ : 1.60 24.51 0.10 6.78 12.39 12.23 1.60 Argentina : 0.40 15.50 0.00 2.78 4.32 10.83 0.75 South Africa : 1.20 9.01 0.10 4.00 8.06 1.40 0.85 Major importers 5/ : 11.82 93.79 48.28 92.62 131.54 9.73 12.62 EU-15 : 2.33 34.79 10.17 27.50 35.96 8.06 3.28 Japan : 1.07 0.00 15.96 12.00 16.10 0.00 0.93 Mexico : 2.60 18.92 3.14 7.10 22.17 0.04 2.45 Southeast Asia : 1.33 14.11 3.99 13.22 18.12 0.07 1.24 South Korea : 0.75 0.07 8.34 6.64 8.30 0.00 0.86 Selected other : China : 32.70 127.47 0.08 89.00 115.35 3.89 41.00 FSU-12 6/ : 1.69 4.73 0.36 3.39 5.68 0.25 0.85 Russia : 0.16 1.10 0.11 0.37 1.21 0.00 0.16 : : 1997/98 (Estimated) : World 3/ : 85.57 584.33 71.35 412.26 589.80 71.66 80.11 United States : 22.43 237.90 0.25 144.79 191.14 37.47 31.97 Total foreign : 63.14 346.44 71.09 267.48 398.65 34.20 48.14 Major exporters 4/ : 1.60 27.00 0.50 7.35 13.00 13.90 2.20 Argentina : 0.75 19.00 0.00 3.35 4.90 13.50 1.35 South Africa : 0.85 8.00 0.50 4.00 8.10 0.40 0.85 Major importers 5/ : 12.62 101.56 47.39 95.41 133.87 13.16 14.54 EU-15 : 3.28 38.15 11.70 31.28 39.18 9.62 4.33 Japan : 0.93 0.00 15.70 11.60 15.70 0.00 0.93 Mexico : 2.45 18.00 3.70 7.10 22.20 0.50 1.45 Southeast Asia : 1.24 13.35 3.20 11.35 16.45 0.30 1.04 South Korea : 0.86 0.09 7.50 5.83 7.75 0.00 0.70 Selected other : China : 41.00 110.00 0.25 94.00 120.25 6.00 25.00 FSU-12 6/ : 0.85 10.56 0.44 5.07 9.63 0.45 1.76 Russia : 0.16 2.70 0.20 1.76 2.70 0.00 0.36 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit and reporting discrepancies in some countries. 4/ Argentina and South Africa. 5/ Eastern Europe, the EU-15 (includes intra-trade), Non-EU Western Europe, Mexico, Japan, South Korea, Taiwan, and Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). 6/ Includes imports and exports among the nations of the former USSR. Former USSR excluding the Baltic States. WASDE-338-19 World Corn Supply and Use 1/ (Cont'd.) (Million Metric Tons) =============================================================================== : Supply : Use : :=========================:=======================:Ending Region : : : : Domestic 2/ : :stocks :Beginning:Produc-: :===============: : : stocks : tion :Imports: Feed : Total :Exports: =============================================================================== : : 1998/99 (Projected) World 3/ : May : 80.11 600.08 68.48 419.37 599.13 69.90 81.06 United States : May : 31.97 244.87 0.25 148.60 196.22 40.01 40.86 Total foreign : May : 48.14 355.21 68.23 270.77 402.91 29.90 40.20 Major exporters 4/ : May : 2.20 26.50 0.25 7.40 12.85 13.75 2.35 Argentina May : 1.35 18.00 0.00 3.40 4.85 13.00 1.50 South Africa May : 0.85 8.50 0.25 4.00 8.00 0.75 0.85 Major importers 5/ : May : 13.51 79.54 42.38 81.09 114.21 10.81 10.40 EU-15 May : 4.33 35.02 11.52 30.97 38.51 9.04 3.33 Japan May : 0.93 0.00 15.50 11.40 15.50 0.00 0.93 Mexico May : 1.45 19.00 3.50 7.20 22.40 0.10 1.45 Southeast Asia May : 1.04 14.15 2.80 11.05 16.65 0.30 1.04 South Korea May : 0.70 0.09 6.50 4.90 6.60 0.00 0.68 Selected other : China May : 25.00 122.00 0.25 97.00 123.25 4.00 20.00 FSU-12 6/ May : 1.76 8.79 0.39 5.03 9.04 0.40 1.50 Russia May : 0.36 2.50 0.15 1.75 2.70 0.00 0.31 =============================================================================== 1/ Aggregate of local marketing years. 2/ Total foreign and world use adjusted to reflect the differences in world imports and exports. 3/ World imports and exports may not balance due to differences in marketing years, grain in transit and reporting discrepancies in some countries. 4/ Argentina and South Africa. 5/ Eastern Europe, the EU-15 (includes intra-trade), Non-EU Western Europe, Mexico, Japan, South Korea, Taiwan, and Southeast Asia (includes Indonesia, Malaysia, Philippines, and Thailand). 6/ Includes imports and exports among the nations of the former USSR. Former USSR excluding the Baltic States. ###