U.S. SUPPLY/DEMAND HIGHLIGHTS
Following are highlights of the U.S.
Agriculture Department supply/demand projections for the
1986/87 seasons, in mln bushels, with comparisons, unless noted
--
    Corn -- Stocks, Aug 31, 1987, at 5,240, vs 5,595 last
month. Stocks, Aug 31, 1986, at 4,040, vs 4,040 last month.
    Exports projected at 1,375, vs 1,250 last month. Exports in
1985/86 at 1,241, vs 1,241 last month.
    Domestic use at 5,680, vs 5,450 last month. Usage in the
1985/86 season at 5,255, vs 5,255 last month.
    Wheat -- Stocks, May 31, 1987, projected at 1,848, vs 1,877
last month. Stocks on May 31, 1986, at 1,905, vs 1,905 last
month.
    Exports in 1986/87 season at 1,025, vs 1,025 last month.
1985/86 season at 915, vs 915 last month.
    Domestic use in 1986/87 at 1,134, vs 1,105 last month.
1985/86 at 1,045, vs 1,045 last month.
    Cotton -- in mln 480 lb bales - Stocks, July 31, 1987, at
5.40, vs 5.49 last month. Stocks July 31, 1986, at 9.35, vs
9.35 last month.
    Exports in 1986/87 season at 6.66, vs 6.76 last month.
Exports in 1985/86 - 1.96, vs 1.96 last month.
    Soybeans -- in mln bushels - Stocks, Aug 31, 1987,
projected at 610, vs 635 last month. Stocks Aug 31, 1986, at
536, vs 536 last month.
    Soybean crushings during 1986/87 - 1,130, vs 1,115 last
month. Crushings in 1985/86 at 1,053, vs 1,053 last month.
    Exports in 1986/87 season at 700, vs 700 last month.
Exports in 1985/86 at 740, vs 740 last month.
    Soybean Oil -- mln lbs - Stocks on Sept 30, 1987, at 1,360,
vs 1,200 last month. Stocks on Sept 30, 1986, at 947,  vs 947
last month.
    Exports in 1986/87 at 1,350, vs 1,350 last month.  Exports
in 1985/86 at 1,257, vs 1,257 last month.
    Soybean Cake/Meal -- thousand short tons - Stocks, Sept 30,
1987, at 270, vs 315 last month. Stocks, Sept 30, 1986, at 212,
vs 212 last month.
    Exports in 1986/87 season at 6,500, vs 6,350 last month. 
Exports in 1985/86 at 6,036, vs 6,008 last month.
 Reuter
