OCE Release #1-2000 Raymond L. Bridge (202) 720-5447 rbridge@oce.usda.gov CORRECTION TO JANUARY 12 SUPPLY AND DEMAND ESTIMATES REPORT Washington, January 12 A corrected table 8 for today's World Agricultural Supply and Demand Estimates report, WASDE-358, follows. Corrections are for data under world supply and use for oilseeds, January 1999, and U.S. supply and use for oilseeds, January 1999. The corrected electronic version of the report is posted at www.usda.gov/oce/waob/wasde/wasde.htm. WASDE-358-8 World and U.S. Supply and Use for Oilseeds 1/ (Million Metric Tons) =============================================================================== : : Total : : Total : Ending Commodity : Output : Supply : Trade : Use 2/ : Stocks =============================================================================== : : World Oilseeds : 1997/98 : 286.97 304.07 53.80 227.49 24.80 1998/99 (Est.) : 292.67 317.47 54.65 237.59 27.79 1999/00 (Proj.) : December : 296.92 325.20 57.09 246.24 27.62 January : 295.60 323.39 57.08 245.01 26.79 Oilmeals : 1997/98 : 155.13 160.99 51.84 155.34 5.82 1998/99 (Est.) : 162.69 168.51 54.36 162.47 6.38 1999/00 (Proj.) : December : 168.19 174.54 55.88 167.88 6.03 January : 167.34 173.72 55.76 167.40 6.00 Vegetable Oils : 1997/98 : 76.57 84.01 29.85 75.98 7.19 1998/99 (Est.) : 81.69 88.88 31.15 80.61 8.03 1999/00 (Proj.) : December : 85.61 93.58 32.34 84.75 7.93 January : 85.57 93.60 31.99 84.92 8.27 : : United States Oilseeds : 1997/98 : 83.10 88.42 24.52 48.89 6.44 1998/99 (Est.) : 84.36 91.49 22.63 47.81 10.78 1999/00 (Proj.) : December : 83.28 94.58 24.55 48.95 12.05 January : 82.10 93.48 24.44 48.64 11.21 Oilmeals : 1997/98 : 37.42 39.01 8.70 30.01 0.30 1998/99 (Est.) : 36.81 38.34 6.71 31.30 0.33 1999/00 (Proj.) : December : 37.50 39.26 6.96 32.02 0.28 January : 37.28 38.98 6.69 32.02 0.28 Vegetable Oils : 1997/98 : 9.60 12.22 2.13 9.10 0.99 1998/99 (Est.) : 9.54 11.97 1.74 9.22 1.01 1999/00 (Proj.) : December : 9.68 12.32 1.51 9.53 1.28 January : 9.59 12.24 1.44 9.52 1.28 : : Foreign 3/ Oilseeds : 1997/98 : 203.88 215.65 29.28 178.60 18.36 1998/99 (Est.) : 208.30 225.97 32.02 189.77 17.01 1999/00 (Proj.) : December : 213.63 230.62 32.54 197.30 15.57 January : 213.50 229.91 32.64 196.36 15.58 Oilmeals : 1997/98 : 117.70 121.98 43.14 125.33 5.52 1998/99 (Est.) : 125.88 130.16 47.64 131.17 6.05 1999/00 (Proj.) : December : 130.69 135.29 48.92 135.86 5.75 January : 130.06 134.74 49.07 135.38 5.72 Vegetable Oils : 1997/98 : 66.97 71.80 27.72 66.89 6.20 1998/99 (Est.) : 72.16 76.91 29.41 71.39 7.02 1999/00 (Proj.) : December : 75.93 81.27 30.83 75.23 6.65 January : 75.98 81.36 30.55 75.40 6.99 =============================================================================== 1/ Aggregate of local marketing years with Brazil and Argentina on an Oct.-Sept. year. 2/ Crush only for oilseeds. 3/ Total foreign is equal to world minus United States. #