OCE Release #2-2002
                            Raymond L. Bridge, 202-720-5447
                                     rbridge@oce.usda.gov
                                                           
ADVISORY: CHANGES IN THE MAY 10 SUPPLY AND DEMAND ESTIMATES REPORT

     Washington, May 6--The May 10 World Agricultural Supply and
Demand Estimates (WASDE) report will provide USDA's first assessment
of supply, demand, and prices for the new marketing year. The WASDE
report is issued by the World Agricultural Outlook Board of USDA's
Office of the Chief Economist.
     The report will present projections for 2002/03 for grains,
oilseeds, cotton, sugar and milk, as well as calendar-year 2003
projections for U.S. meat and poultry products.
     Several changes will be introduced with the May 10 report. For
grains only, import and export forecasts for the European Union (EU-
15) will be revised to exclude trade between EU member nations.
Historical revisions of supply and use estimates for the EU-15 and the
world reflecting this change will be available May 10 on the WASDE
home page, http://www.usda.gov/oce/waob/wasde/wasde.htm.
     Exports of U.S. broiler meat will be revised to exclude exports
of chicken feet (paws), which are not reported in federally inspected
broiler production. This change will reduce U.S. broiler meat exports
in the supply and demand balance sheet and increase domestic broiler
meat use. Historical revisions to broiler supply and demand will be
posted on the WASDE home page and in the May 15 Dairy, Poultry and
Livestock Outlook report published by the Economic Research Service.
     The order of tables and table formats in the May 10 WASDE will
be similar to those in May 2001 issue, except for sugar. "Other"
imports in the sugar table will be replaced by "other program" imports
and "non-program" imports. A sample sugar table and sample world grain
tables with new country listings are attached.
     The WASDE report is available electronically in Adobe Acrobat
format as well as in ASCII text. To access the report from the USDA
home page (www.usda.gov), click on Newsroom, Agency Reports, and the
month of release. To subscribe to the WASDE report in print, call
(800) 999-6779.                                            
     For more information call (202) 720-5447.
                            # 
                              WASDE-386-14                  
                      U.S. Sugar Supply and Use 1/
======================================================================
                        :           :       2001/02      :  2002/03
      Item              : 2000/01   :      Estimates     :Projections
                        :           :   April      May   :    May
======================================================================
                        :           1,000 short tons, raw value
                    :
Beginning stocks 2/     :  
Production 2/3/         :  
  Beet sugar            :  
  Cane sugar 4/         :  
Imports 2/              :  
  TRQ 5/                :  
  Other program 6/      :    
  Non-program 7/        :      
   Total supply         : 
                        :
Exports 2/8/            :    
Domestic deliveries 2/  :  
  Domestic food use     :  
  Other 9/              :     
Miscellaneous 10/       :      
     Use, total         : 
Ending stocks 2/        :  
  Private               :   
  Other 11/             :     
                        :
Stocks to use ratio     :    
======================================================================
1/ Fiscal years beginning Oct 1.  Includes Puerto Rico.  2/ Historical 
data are from FSA, "Sweetener Market Data" except imports from U.S. 
Customs Service.  3/ Projections for 2002/03 are based on analyses by
the Interagency Commodity Estimates Committee for sugar. 4/ Production
by state for 2001/02 (projected 2002/03):        .  5/ Actual arrivals 
under the tariff rate quota (TRQ) with late entries, early entries, 
and TRQ overfills assigned to the fiscal year in which they actually 
arrived.  The 2001/02 available TRQs assume shortfall of 65,000 tons.
6/ Includes sugar under the re-export and polyhydric alcohol programs.
7/ Includes high-tier and other.  8/ Mostly reexports. 9/ Transfer to
sugar containing products for reexport, for nonedible alcohol, and
feed.
10/ For 2000/2001, includes residual statistical  discrepancies.  11/ 
For 2001/02 includes sugar owned by the Commodity Credit Corporation, 
as of May 8, 2002.

                                 WASDE-386-16
 
                         World Wheat Supply and Use 1/
                             (Million Metric Tons)
===============================================================================
                      :          Supply         :           Use         :
                      :=========================:=======================:Ending
        Region        :         :       :       :  Domestic 2/  :       :stocks
                      :Beginning:Produc-:       :===============:       :
                      :  stocks : tion  :Imports: Feed : Total  :Exports:
===============================================================================
                      :
                      :                      2000/01
                      :
World 3/              : 
United States         :  
Total foreign         : 
  Major exporters 4/  :  
   Argentina          :
   Australia          :   
   Canada             :   
   EU-15              :  
  Major importers 5/  :  
   Brazil             :   
   China              :  
   N. Africa 6/       :   
   Pakistan           :   
   Southeast Asia 7/  :   
  Selected other      :
   East. Europe       :   
   India              :  
   FSU-12 8/          :   
    Russia            :   
    Kazakstan         :   
    Ukraine           :   
                      :
                      :                 2001/02 (Estimated)
                      :
World 3/              : 
United States         :  
Total foreign         : 
  Major exporters 4/  :  
   Argentina          :   
   Australia          :   
   Canada             :   
   EU-15              :  
  Major importers 5/  :  
   Brazil             :   
   China              :  
   N. Africa 6/       :   
   Pakistan           :   
   Southeast Asia 7/  :   
  Selected other      :
   East. Europe       :   
   India              :  
   FSU-12 8/          :   
    Russia            :   
    Kazakstan         :   
    Ukraine           :   
===============================================================================
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 the EU-15 (excludes intra-trade). 5/ Brazil, China,
Iran, Japan, Libya, Mexico, North Africa, Pakistan, Southeast Asia. 6/
Algeria, Egypt, Libya, Morocco, and Tunisia. 7/ Indonesia, Malaysia,
Philippines, and Thailand. 8/ Former USSR excluding the Baltic States.




                                 WASDE-386-17
 
                   World Wheat Supply and Use 1/ (Cont'd.)
                             (Million Metric Tons)
===============================================================================
                      :          Supply         :           Use         :
                      :=========================:=======================:Ending
        Region        :         :       :       :  Domestic 2/  :       :stocks
                      :Beginning:Produc-:       :===============:       :
                      :  stocks : tion  :Imports: Feed : Total  :Exports:
===============================================================================
                      :
                      :                 2002/03 (Projected)
World 3/              :
             May      : 
United States         :
             May      :  
Total foreign         :
             May      : 
  Major exporters 4/  :
             May      :  
   Argentina      May :   
   Australia      May :   
   Canada         May :   
   EU-15          May :  
  Major importers 5/  :
             May      :  
   Brazil         May :   
   China          May :  
   N. Africa 6/   May :   
   Pakistan       May :   
   SE Asia 7/     May :   
  Selected other      :
   East. Europe   May :   
   India          May :  
   FSU-12 8/      May :  
    Russia        May :   
    Kazakstan     May :   
    Ukraine       May :   
===============================================================================
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 the EU-15 (excludes intra-trade).  5/ Brazil, China,
Iran, Japan, Libya, Mexico, North Africa, Pakistan, Southeast Asia. 6/
Algeria, Egypt, Libya, Morocco, and Tunisia. 7/ Indonesia, Malaysia,
Philippines, and Thailand. 8/ Former USSR excluding the Baltic States.

                                 WASDE-386-18
 
                      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:
===============================================================================
                      :
                      :                      2000/01
                      :
World 3/              : 
United States         :  
Total foreign         : 
  Major exporters 4/  :   
   Argentina          :   
   Australia          :   
   Canada             :   
  Major importers 5/  :  
   EU-15              :  
   Japan              :   
   Mexico             :   
   Southeast Asia     :   
   South Korea        :   
  Selected other      :
   China              : 
   East. Europe       :   
   FSU-12 6/          :   
    Russia            :   
    Ukraine           :   
                      :
                      :                 2001/02 (Estimated)
                      :
World 3/              : 
United States         :  
Total foreign         : 
  Major exporters 4/  :   
   Argentina          :   
   Australia          :   
   Canada             :   
  Major importers 5/  :  
   EU-15              :  
   Japan              :   
   Mexico             :   
   Southeast Asia     :   
   South Korea        :   
  Selected other      :
   China              :  
   East. Europe       :   
   FSU-12 6/          :
    Russia            :   
    Ukraine           :   
===============================================================================
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-15 (excludes intra-trade),
Mexico, Japan, North Africa (includes Algeria, Egypt, Libya, Morocco, and
Tunisia), South Korea, Southeast Asia (includes Indonesia, Malaysia,
Philippines, and Thailand), Saudi Arabia, and Taiwan. 6/ Former USSR excluding
the Baltic States.
                    
                                 WASDE-386-19
 
                  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:
===============================================================================
                      :
                      :                 2002/03 (Projected)
World 3/              :
             May      : 
United States         :
             May      :  
Total foreign         :
             May      : 
  Major exporters 4/  :
             May      :   
   Argentina      May :   
   Australia      May :   
   Canada         May :   
  Major importers 5/  :
             May      :  
   EU-15          May :  
   Japan          May :   
   Mexico         May :   
   Southeast Asia May :   
   South Korea    May :   
  Selected other      :
   China          May :  
   East. Europe   May :   
   FSU-12 6/      May :  
    Russia        May :   
    Ukraine       May :
===============================================================================
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-15 (excludes intra-trade),
Mexico, Japan, North Africa (includes Algeria, Egypt, Libya, Morocco, and
Tunisia), South Korea, Southeast Asia (includes Indonesia, Malaysia,
Philippines, and Thailand), Saudi Arabia, and Taiwan. 6/ Former USSR excluding
the Baltic States.

                                 WASDE-386-20
 
                          World Corn Supply and Use 1/
                             (Million Metric Tons)
===============================================================================
                      :          Supply         :           Use         :
                      :=========================:=======================:Ending
        Region        :         :       :       :  Domestic 2/  :       :stocks
                      :Beginning:Produc-:       :===============:       :
                      :  stocks : tion  :Imports: Feed : Total  :Exports:
===============================================================================
                      :
                      :                      2000/01
                      :
World 3/              : 
United States         :  
Total foreign         : 
  Major exporters 4/  :
   Argentina          :   
   South Africa       :   
  Major importers 5/  :  
   EU-15              :
   Japan              :   
   Mexico             :   
   Southeast Asia     :   
   South Korea        :
  Selected other      :
   Brazil             :   
   Canada             :   
   China              : 
   East. Europe       :   
   FSU-12 6/          :   
    Russia            :   
                      :
                      :                 2001/02 (Estimated)
                      :
World 3/              : 
United States         :  
Total foreign         : 
  Major exporters 4/  :   
   Argentina          :   
   South Africa       :   
  Major importers 5/  :  
   EU-15              :   
   Japan              :   
   Mexico             :   
   Southeast Asia     :   
   South Korea        :
  Selected other      :
   Brazil             :   
   Canada             :
   China              :  
   East. Europe       :
   FSU-12 6/          :   
    Russia            :   
===============================================================================
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/ Egypt, the EU-15 (excludes intra-trade), Mexico, Japan, South
Korea, Taiwan, and Southeast Asia (includes Indonesia, Malaysia, Philippines, 
and Thailand). 6/ Former USSR excluding the Baltic States.

                                 WASDE-386-21
 
                      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:
===============================================================================
                      :
                      :                 2002/03 (Projected)
World 3/              :
             May      : 
United States         :
             May      :
Total foreign         :
             May      :  
  Major exporters 4/  :
             May      :
   Argentina      May :   
   South Africa   May :   
  Major importers 5/  :
             May      :   
   EU-15          May :   
   Japan          May :   
   Mexico         May :
   Southeast Asia May :   
   South Korea    May :   
  Selected other      :
   Brazil         May :   
   Canada         May :   
   China          May :  
   East. Europe   May :   
   FSU-12 6/      May :   
    Russia        May :   
===============================================================================
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/ Egypt, the EU-15 (excludes intra-trade), Mexico, Japan, South
Korea, Taiwan, and Southeast Asia (includes Indonesia, Malaysia, Philippines, 
and Thailand). 6/ Former USSR excluding the Baltic States.

                                 WASDE-386-22
  
                   World Rice Supply and Use (Milled Basis) 1/
                             (Million Metric Tons)
===============================================================================
                      :          Supply         :        Use        :
                      :=========================:===================: Ending
        Region        :         :       :       :         :         : stocks
                      :Beginning:Produc-:       : Total 2/:         :
                      :  stocks : tion  :Imports: Domestic: Exports :
===============================================================================
                      :
                      :                      2000/01
                      :
World 3/              : 
United States         :   
Total foreign         : 
  Major exporters 4/  :  
   India              :  
   Thailand           :   
   Vietnam            :   
  Major importers 5/  :  
   Indonesia          :   
  Selected other      :
   China              :  
   Japan              :
                      :
                      :                 2001/02 (Estimated)
                      :
World 3/              : 
United States         :
Total foreign         : 
  Major exporters 4/  :  
   India              :
   Thailand           :
   Vietnam            :
  Major importers 5/  :
   Indonesia          :   
  Selected other      :
   China              :  
   Japan              :
                      :
                      :                 2002/03 (Projected)
                      :
World 3/          May : 
United States     May :   
Total foreign     May : 
===============================================================================
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 some countries.   
4/ India, Pakistan, Thailand, and Vietnam.  5/ Brazil, Hong  Kong, Indonesia, 
Iran, Iraq, Ivory Coast, Nigeria, Philippines, Saudi Arabia, the EU-15
(excludes intra-trade).

                                #