OCE Release #3-2004 Raymond L. Bridge 202-720-5447, rbridge@oce.usda.gov Andrew Aaronson 202-720-5791 aaaronson@oce.usda.gov CORRECTIONS TO THE MAY 12 SUPPLY AND DEMAND ESTIMATES REPORT Washington, May 13--A corrected table for the May 12, 2004, World Agricultural Supply and Demand Estimates report, WASDE-410, follows. The table is World Coarse Grain Supply and Use on pages 18 and 19. Data are corrected for the Major Importers row and the N. Afr. & Mideast row for each year (2002/03, 2003,04 and 2004/05). The corrected electronic version of the report is posted at http://www.usda.gov/oce/waob/wasde/wasde.htm and at http://usda.mannlib.cornell.edu/usda/. WASDE-410-18 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: =============================================================================== : : 2002/03 : World 3/ : 194.56 871.82 102.76 596.24 901.00 103.87 165.39 United States : 45.04 243.72 2.56 149.40 214.51 45.87 30.94 Total foreign : 149.53 628.10 100.19 446.84 686.49 58.00 134.45 Major exporters 4/ : 8.45 56.01 4.88 31.95 44.74 16.86 7.74 Argentina : 0.96 19.45 0.00 5.12 7.33 11.94 1.14 Australia : 2.00 6.55 0.01 4.09 5.40 2.08 1.08 Canada : 3.52 19.89 4.24 18.45 22.81 1.70 3.14 Major importers 5/ : 35.78 203.43 78.60 201.77 270.65 9.91 37.26 EU-25 6/ : 21.07 137.45 6.35 102.03 135.51 8.63 20.72 Japan : 2.34 0.22 20.33 15.65 20.48 0.00 2.41 Mexico : 4.27 26.49 8.78 19.58 35.62 0.01 3.91 N. Afr & Mideast 7/: 4.55 23.68 25.18 39.47 45.88 0.97 6.57 Southeast Asia 8/ : 1.05 15.15 4.15 13.72 19.03 0.31 1.02 South Korea : 1.17 0.38 8.94 6.69 9.24 0.00 1.25 Selected other : China : 85.58 130.62 1.83 98.43 136.29 15.34 66.39 Other Europe : 2.25 22.24 1.02 17.35 21.10 1.40 3.02 FSU-12 : 11.39 60.74 0.90 34.95 52.74 8.09 12.20 Russia : 6.74 33.40 0.35 18.30 29.85 3.44 7.20 Ukraine : 2.61 17.11 0.43 9.30 13.26 3.99 2.90 : : 2003/04 (Estimated) : World 3/ : 165.39 897.32 99.82 616.14 940.82 101.39 121.90 United States : 30.94 275.70 2.23 155.63 226.21 57.88 24.79 Total foreign : 134.45 621.63 97.59 460.51 714.61 43.51 97.11 Major exporters 4/ : 7.74 63.70 2.93 34.14 47.28 18.72 8.37 Argentina : 1.14 16.10 0.01 4.68 6.94 9.17 1.15 Australia : 1.08 12.96 0.00 5.59 6.91 5.25 1.88 Canada : 3.14 26.31 2.07 19.53 24.13 3.28 4.11 Major importers 5/ : 37.26 191.52 77.57 203.82 272.84 4.57 28.94 EU-25 6/ : 20.72 121.35 7.26 100.90 134.17 3.82 11.34 Japan : 2.41 0.20 19.99 15.49 20.32 0.00 2.28 Mexico : 3.91 27.55 9.53 20.11 36.15 0.05 4.79 N. Afr & Mideast 7/: 6.57 26.46 22.05 41.61 48.27 0.30 6.50 Southeast Asia 8/ : 1.02 15.60 4.10 13.61 18.97 0.40 1.35 South Korea : 1.25 0.30 9.73 7.56 10.13 0.00 1.15 Selected other : China : 66.39 123.30 1.61 100.50 139.30 8.08 43.92 Other Europe : 3.02 17.95 1.32 16.96 20.70 0.22 1.36 FSU-12 : 12.20 55.32 1.21 39.28 56.95 5.95 5.84 Russia : 7.20 30.50 0.70 21.48 33.20 3.00 2.20 Ukraine : 2.90 15.60 0.30 10.70 14.30 2.31 2.19 =============================================================================== 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/ The EU-25, Mexico, Japan, selected North Africa and Middle East, South Korea, Southeast Asia, and Taiwan. 6/ Trade excludes intra-trade (except for 2002/03). 7/ Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Saudi Arabia, Syria, Tunisia, and Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam._ WASDE-410-19 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: =============================================================================== : : 2004/05 (Projected) World 3/ : May : 121.90 930.89 98.41 618.97 948.81 102.76 103.97 United States : May : 24.79 284.03 2.47 154.43 228.45 59.65 23.19 Total foreign : May : 97.11 646.85 95.94 464.53 720.36 43.11 80.79 Major exporters 4/ : May : 8.37 67.06 2.96 34.49 47.93 20.94 9.52 Argentina May : 1.15 19.35 0.01 4.98 7.29 11.56 1.66 Australia May : 1.88 11.66 0.00 5.39 6.61 4.95 1.97 Canada May : 4.11 26.32 2.25 19.78 24.73 3.40 4.55 Major importers 5/ : May : 28.94 210.03 75.96 206.60 276.99 5.07 32.88 EU-25 6/ May : 11.34 139.95 3.06 101.49 135.40 4.51 14.44 Japan May : 2.28 0.24 20.09 15.51 20.34 0.00 2.27 Mexico May : 4.79 27.45 10.94 22.17 38.31 0.01 4.85 N Afr/M.East 7/May : 6.50 26.07 23.64 41.94 49.00 0.15 7.06 S.-east Asia 8/May : 1.35 15.92 3.91 13.87 19.37 0.40 1.41 South Korea May : 1.15 0.33 9.51 7.14 9.79 0.00 1.20 Selected other : China May : 43.92 124.30 2.01 102.80 142.85 4.08 23.30 Other Europe May : 1.36 22.68 0.96 17.78 21.65 1.10 2.25 FSU-12 May : 5.84 55.95 1.10 34.81 51.79 5.69 5.41 Russia May : 2.20 30.10 0.80 18.30 29.10 2.00 2.00 Ukraine May : 2.19 16.80 0.07 9.45 13.30 3.16 2.60 =============================================================================== 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/ The EU-25, Mexico, Japan, selected North Africa and Middle East, South Korea, Southeast Asia, and Taiwan. 6/ Trade excludes intra-trade (except for 2002/03). 7/ Algeria, Egypt, Iran, Israel, Jordan, Libya, Morocco, Saudi Arabia, Syria, Tunisia, and Turkey. 8/ Indonesia, Malaysia, Philippines, Thailand, and Vietnam._ #