United States
Department of
Agriculture

Foreign
Agricultural
Service

ECG-10-97
October 1997

Monthly Summary of
Export Credit Guarantee
Program Activity

Commodity Credit Corporation's (CCC)
GSM-102/103 and Supplier Credit
Guarantee Programs

...Allocations Announced for Fiscal Year 1998
...Allocations Announced as of end of Fiscal Year 1997
...Applications for Coverage Under Allocations Announced
...Allocation Balances by Country and Commodity


MONTHLY SUMMARY

This Summary Report shows Fiscal Year (October - September) commitment figures, as of the date indicated, for the Commodity Credit Corporation's (CCC) Export Credit Guarantee Program (GSM-102), the Intermediate Export Credit Guarantee Program (GSM-103) and the Supplier Credit Guarantee Program.

CAUTIONARY INFORMATION ON USE OF THIS REPORT

The enclosed tables reflect only exporter applications for guarantees which have been entered into the GSM-102/103 computerized System. At any given time, exporter applications are in process, and not all of those received (e.g., by facsimile) have been entered into the System. Moreover, all applications are initially entered into the System on a provisional basis until price review has been completed, the guarantee fee has been received, and the written guarantee has been issued. Thus, some applications now in the System may in the future be removed, and the commodity balances correspondingly increased. Users of this Report should be aware of these characteristics/limitations of the enclosed tables.

Additionally, users should be aware that the footnotes placed in the tables are intended only to highlight certain items which need to be interpreted with additional information. The footnotes are indicative only and not a substitute for the actual provisions of program announcements.


Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as
of close of business:
                              October 10, 1997
                     
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                      --coverage in millions of dollars--

Argentina                16.00             0.00        16.00        
     Cotton (36)                           0.00      
     Fruit, Fresh  (36)                    0.00      
     Livestock, Breeder (36)               0.00      
     Planting Seeds  (36)                  0.00      
     Potatoes (36)                         0.00      
     Wood Pulp;Wood Products                         
          (720 Days)                       0.00
                              
Baltic Region           285.00             0.00       285.00       4/7/
     Corn Products (12)                    0.00          
     Cotton (12)                           0.00
     Cotton Fabrics (12)                   0.00                   5/
     Cotton Yarn (12)                      0.00                   5/
     Dairy Products (12)                   0.00       
     Egg Products (12)                     0.00
     Eggs, Table (12)                      0.00
     Feed Grains (12)                      0.00         
     Fish and Shellfish (Fresh,   
       Chilled, Frozen, Canned,
       Salted/Dried (12)                   0.00
     Fruit,  Frozen (12)                   0.00                   5/
     Hides; Skins; Furskins (12)           0.00                   4/
     Leather (12)                          0.00
     Meat, Frozen or Chilled (12)          0.00      
     Meat, Processed Products (12)         0.00
     Nutritional Beverage
       Preparation (12)                    0.00
     Oilseeds (12)                         0.00      
     Orange Juice Concentrate,
        Frozen (12)                        0.00
     Planting Seeds (12)                   0.00      
     Potatoes (12)                         0.00      
     Poultry Breeder Stock (12)            0.00                   4/
     Protein Meals (12)                    0.00      
     Pulses (12)                           0.00      
     Rice (12)                             0.00      
     Soup, Dehydrated Instant (12)         0.00
     Tree Nuts (12)                        0.00      
     Vegetable Oils (12)                   0.00    
     Vegetables, Canned (12)               0.00
     Vegetables, Frozen (12)               0.00
     Wheat;Wheat Flour;                      
         Semolina (12)                     0.00          
     Wood Products, Solid (12)             0.00      
     Wood Pulp; Wood Chips (12)            0.00                  
     Wine; Brandy (12)                     0.00      

                                              
Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               October 10, 1997 
                  
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                      --coverage in millions of dollars--
                                
Central American Region 50.00               1.20       48.80      9/   
     Animal Feed Products (36)              0.00
     Aquaculture Feed (Shrimp
       and Fish) (36)                       0.00
     Barley Malt (36)                       0.00      
     Cotton  (36)                           1.20 
     Cotton Fabrics (36)                    0.00                  5/
     Cotton Yarn (36)                       0.00                  5/
     Feed Grains (36)                       0.00      
     Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
      Salted/Dried (36)                     0.00
     Livestock, Breeder  (36)               0.00                  4/
     Meat, Frozen or Chilled (36)           0.00      
     Oilseeds (36)                          0.00
     Planting Seeds (36)                    0.00
     Potatoes (36)                          0.00      
     Poultry Breeder Stock (36)             0.00                  4/
     Pulses (36)                            0.00      
     Rice (36)                              0.00      
     Tallow; Grease; Lard (36)              0.00      
     Vegetable Oils (36)                    0.00      
     Wheat; Wheat Flour;                   
      Semolina (36)                         0.00      
     Wood Products, Solid (720 Days)        0.00      
     Wood Pulp; Wood Chips (720 Days)       0.00                               
           

Central Europe Region     10.00           0.00        10.00       7/
     Cotton (36)                          0.00                          
     Cotton Fabrics (36)                  0.00                    5/
     Cotton Yarn (36)                     0.00                    5/
     Dairy Products (36)
     Feed Grains (36)                     0.00     
     Hides; Skins; Furskins (36)          0.00      
     Leather (36)                         0.00                    5/
     Livestock, Breeder (36)              0.00
     Meat, Frozen or Chilled (36)         0.00      
     Oilseeds (36)                        0.00      
     Planting Seeds (36)                  0.00      
     Potatoes (36)                        0.00      
     Protein Meals (36)                   0.00      
     Pulses (36)                          0.00      
     Rice (36)                            0.00      
     Wheat; Wheat Flour;                     
        Semolina (36)                     0.00      
     Wood Products, Solid                 0.00      
       (720 Days)                         0.00      
    

China                  100.00              0.00     100.00              
     Animal Feed Products (36)             0.00
     Cotton (36)                           0.00     
     Feed Grains  (36)                     0.00      
     Fish and Shellfish (Fresh,   
       Chilled, Frozen, Canned,
       Salted/Dried (36)                   0.00
     Fruit,  Fresh  (36)                   0.00                  
     Hides; Skins; Furskins  (36)          0.00      
     Leather  (36)                         0.00                   5/
     Hops; Hop Extract (36)
     Meat,  Frozen or Chilled  (36)        0.00      
     Oilseeds (36)                         0.00      
     Planting Seeds (36)                   0.00      
     Potatoes (36)                         0.00                     
     Protein Meals (36)                    0.00      
     Pulses (36)                           0.00      
     Rice (36)                             0.00      
     Tallow; Grease; Lard (36)             0.00           
     Vegetable Oils (36)                   0.00      
     Wheat; Wheat Flour;                     
        Semolina (36)                      0.00      
     Wood Products, Solid                         
        (720 Days)                         0.00      
     Wood Pulp; Wood Chips 
        (720 Days)                         0.00
     Wool; Mohair  (36)                    0.00      



Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               October 10, 1997 
                
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                      --coverage in millions of dollars--   

East Africa Region      35.00              0.00        35.00        4/
     Barley Malt (12)                      0.00      
     Dairy Products (12)                   0.00      
     Feed Grains (12)                      0.00      
     Meat, Frozen or Chilled (12)          0.00      
     Oilseeds (12)                         0.00      
     Potatoes (12)                         0.00      
     Poultry Breeder Stock (12)            0.00      
     Pulses (12)                           0.00      
     Tallow; Grease; Lard (12)             0.00      
     Tree Nuts (12)                        0.00      
     Vegetables, Frozen (12)               0.00
     Vegetable Oils (12)                   0.00      
     Wheat; Wheat Flour;                     
        Semolina (12)                      0.00      
     Wood Products, Solid (12)             0.00      
     Wood Pulp; Wood Chips (12)            0.00      
     

East Caribbean Region   30.00              0.00       30.00       
     Animal Feed Products (36)             0.00      
     Barley Malt (36)                      0.00      
     Cotton Fabrics (36)                   0.00                   5/
     Cotton Yarn (36)                      0.00                   5/
     Eggs, Table (36)                      0.00      
     Feed Grains (36)                      0.00      
     Fruit, Fresh (36)                     0.00      
     Livestock, Breeder (36)               0.00                   4/
     Meat, Frozen or Chilled (36)          0.00      
     Oilseeds (36)                         0.00      
     Poultry Breeder Stock  (36)           0.00                   4/
     Protein Meals (36)                    0.00      
     Rice (36)                             0.00      
     Tallow; Grease; Lard (36)             0.00      
     Vegeatbles, Canned (36)
     Vegetable Oils (36)                   0.00      
     Wheat; Wheat Flour;                  
       Semolina (36)                       0.00          
     Wood Products, Solid                
       (720 Days)                          0.00  
     Wood Pulp; Wood Chips                        
        (720 Days)                         0.00      

 India                   20.00             0.00        20.00     
     Cotton (36)                           0.00      
     Cotton Fabrics (36)                   0.00                    5/
     Cotton Yarn (36)                      0.00                    5/
     Dairy Products (36)                   0.00      
     Feed Grains (36)                      0.00      
     Fruit, Dried (36)                     0.00      
     Livestock, Breeder (36 )              0.00                     4/
     Planting Seeds (36)                   0.00      
     Pulses (36)                           0.00      
     Tree Nuts (36)                        0.00      
     Vegetable Oils  (36)                  0.00      
     Wheat; Wheat Flour;                  
       Semolina (36)                       0.00                
     Wood Products, Solid                         
        (720 Days)                         0.00      
     Wood Pulp; Wood Chips                        
        (720 Days)                         0.00      
     Wool; Mohair (36)                     0.00        


Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               October 10, 1997 
                
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                      --coverage in millions of dollars--   
Indonesia                250.00           0.00      250.00     
     Barley Malt (36)                     0.00      
     Brine Shrimp eggs (36)               0.00      
     Cotton (36)                          0.00          
     Cotton Fabrics (36)                  0.00                    5/
     Cotton Yarns (36)                    0.00                    5/
     Feed Grains (36)                     0.00      
     Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
      Salted/Dried (36)                   0.00
     Fruit, Dried (36)                    0.00      
     Fruit, Fresh (36)                    0.00      
     Hides and Skins (36)                 0.00      
     Leather (36)                         0.00                    5/
     Livestock, Breeder (36)              0.00                    4/
     Meat, Frozen or Chilled (36)         0.00      
     Oilseeds (36)                        0.00         
     Planting Seeds (36)                  0.00     
     Potatoes (36)                        0.00      
     Poultry Breeder Stock (36)           0.00                    4/
     Protein Meals (36)                   0.00      
     Pulses (36)                          0.00       
     Rice (36)                            0.00      
     Tree Nuts (36)                       0.00      
     Wheat; Wheat Flour;                     
        Semolina (36)                     0.00      
     Wood Products, Solid                         
        (720 Days)                        0.00      
     Wool; Mohair (36)                    0.00      

 

Mexico                500.00              35.30     464.70       6/12/
     Animal Feed Products (24)             0.00      
     Barley Malt (24)                      0.00      
     Corn Products  (24)                   0.00      
     Cotton (24)                          32.10         
     Cotton Fabrics (24)                   0.00                 5/
     Cotton Yarn (24)                      0.00                 5/
     Dairy Products (24)                   0.00      
     Eggs, Table (24)                      0.00      
     Feed Grains (24)                      0.00         
     Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
      Salted/Dried (24)                    0.00
     Fruit, Canned (24)                    0.00
     Fruit,  Fresh (24)                    0.00      
     Hay (24)                              0.00      
     Hides; Skins  (24)                    0.00      
     Leather (24)                          0.00                 5/
     Hops; Hops Extract  (24)              0.00      
     Meat, Frozen or Chilled (24)          0.00          
     Meat, Processed Products (24)         0.00
     Oilseeds (24)                         1.60         
     Planting Seeds (24)                   0.00      
     Potatoes (24)                         0.00      
     Poultry Breeder Stock (24)            0.00      
     Protein Meals (24)                    0.10          
     Pulses (24)                           0.00      
     Rice (24)                             0.00      
     Soybean Hull Pellets  (24)            0.00      
     Tallow; Grease; Lard (24)             0.70          
     Tree Nuts (24)                        0.00      
     Vegetable Oils (24)                   0.00          
     Wheat; Wheat Flour;                          
        Semolina (24)                      0.80          
     Wood Products, Solid                        
         (720 Days)                        0.00      
     Wood Pulp;  Wood Chips                 
         (720 Days)                        0.00          
     Wool; Mohair (24)                     0.00      

      
                                
                              



Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               October 10, 1997 
                      
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                      --coverage in millions of dollars--

Pakistan               125.00            30.30      94.70      6/14/
     Cotton (24)                          0.00      
     Feed Grains (24)                     0.00      
     Livestock, Breeder (24)              0.00                  4/
     Pulses (24)                          0.00      
     Vegetable Oils (24)                  0.00      
     Wheat; Wheat Flour;                     
       Semolina (24)                     30.30         
     Wood Pulp; Wood Chips                       
       (720 Days)                         0.00      


Poland                  25.00             0.00     25.00          
     Cotton (36)                          0.00      
     Cotton Fabrics (36)                  0.00                  5/
     Cotton Yarn (36)                     0.00                  5/
     Dog and Cat Food,     
       Commercially Prepared (36)         0.00
     Feed Grains (36)                     0.00      
     Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
      Salted/Dried (36)                   0.00
     Hides; Skins; Furskins  (36)         0.00      
     Leather  (36)                        0.00                  5/
     Livestock, Breeder (36)              0.00      
     Meat, Frozen or Chilled (36)         0.00      
     Nutritional Beverage                       
        Preparations (36)                 0.00      
     Oilseeds (36)                        0.00      
     Planting Seeds (36)                  0.00      
     Potatoes (36)                        0.00      
     Protein Meals (36)                   0.00      
     Rice (36)                            0.00      
     Wheat; Wheat Flour;                    
        Semolina (36)                     0.00      
     Wood Products, Solid                        
         (720 Days)                       0.00      


Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               October 10, 1997 
                       
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                      --coverage in millions of dollars--

Russia                        95.00        0.00      95.00          7/
     Animal Feed Products (12)             0.00      
     Barley Malt  (12)                     0.00     
     Corn Products (12)                    0.00      
     Cotton (12)                           0.00          
     Cotton Fabrics (12)                   0.00                    5/
     Cotton Yarn (12)                      0.00                    5/
     Dairy Products (12)                   0.00      
     Dog and Cat Food,     
       Commercially Prepared (12)          0.00
     Egg Products  (12)                    0.00      
     Feed Grains (12)                      0.00      
    
     Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
      Salted/Dried (36)                    0.00
     Fruits, Canned (12)                   0.00                    5/
     Fruits, Fresh  (12)                   0.00      
     Fruits, Frozen (12)                   0.00                    5/
     Hops; Hop Extract  (12)               0.00      
     Hides; Skins; Furskins  (12)          0.00      
     Leather  (12)                         0.00                    5/
     Livestock, Breeder (12)               0.00                    4/
     Meat, Frozen or Chilled (12)          0.00          
     Meat, Processed Products (12)         0.00                    5/
     Nutritional Beverage                         
        Preparations (12)                  0.00      
     Oilseeds  (12)                        0.00      
     Orange Juice Concentrate,                    
       Frozen (12)                         0.00      
     Planting Seeds (12)                   0.00      
     Potatoes (12)                         0.00      
     Protein Meals (12)                    0.00      
     Poultry Breeder Stock (12)            0.00                    4/
     Rice (12)                             0.00      
     Soup, Dehydrated Instant (12)         0.00                    5/
     Soybean Hull Pellets  (12)            0.00      
     Tallow; Grease; Lard (12)             0.00      
     Tree Nuts (12)                        0.00      
     Vegetable Oils (12)                   0.00  
     Vegetables, Canned (12)               0.00      
     Vegetables, Fresh (12)                0.00      
     Vegetables, Frozen (12)               0.00      
     Wheat; Wheat Flour;                         
         Semolina (12)                     0.00          
    


Thailand                   100.00         0.00       100.00     
     Cotton (36)                          0.00      
     Cotton Fabrics  (36)                 0.00                     5/
     Cotton Yarn  (36)                    0.00                     5/
     Feed Grains (36)                     0.00      
     Hides; Skins (36)                    0.00
     Leather (36)                         0.00                     5/    
     Oilseeds (36)                        0.00      
     Protein Meals (36)                   0.00      
     Pulses (36)                          0.00
     Tree Nuts (36)                       0.00      
     Vegetable Oils (36)                  0.00      
     Wheat; Wheat Flour;
       Semolina (36)                      0.00
                       



Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               October 10, 1997 
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                     --coverage in millions of dollars--      

Turkey                    250.00            8.40      241.60 
     Animal Feed Products (36)              0.00    
     Cotton (36)                            2.60          
     Cotton Fabrics (36)                    0.00                   5/
     Cotton Yarn (36)                       0.00                   5/
     Dairy Products (36)                    0.00      
     Feed Grains (36)                       0.00          
     Feeder Cattle (36)                     0.00                   4/
          Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
      Salted/Dried (36)                     0.00
     Grain Neutral Spirits (36)             0.00       
     Hides; Skins  (36)                     0.00      
     Leather (36)                           0.00                   5/
     Livestock, Breeder (36)                0.00                   4/
     Meat, Frozen or Chilled (36)           0.00      
     Oilseeds (36)                          1.90          
     Planting Seeds (36)                    0.00      
     Poultry Breeder Stock (36)             0.00                   4/
     Protein Meals (36)                     0.00          
     Rice (36)                              1.50          
     Tallow; Grease; Beef Fat  (36)         2.40      
     Vegetable Oils (36)                    0.00      
     Wheat; Wheat Flour;                     
        Semolina (36)                       0.00      
     Wood Products, Solid                         
        (720 Days)                          0.00      
     Wood Pulp; Wood Chips                        
        (720 Days)                          0.00      
     Wool; Mohair (36)                      0.00        




Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               October 10, 1997 
           
                         Announced      Exporter            Remarks/Additional
Country / Commodity      Allocations    Applications             Information
(Maximum Credit Period 3/)FY 1998       Received     Balance         1/2/
                      --coverage in millions of dollars--

West Caribbean Region      35.00          0.00        35.00        8/18/
     Animal Feed Products (18)            0.00      
     Aquaculture Feed  (18)               0.00      
     Barley Malt Extract (18)             0.00      
     Cotton (18)                          0.00       
     Cotton Fabrics (18)                  0.00                       5/
     Cotton Yarn (18)                     0.00                       5/
     Dairy Products (18)                  0.00      
     Feed Grains (18)                     0.00      
     Livestock, Breeder (18)              0.00                       4/
     Meat, Frozen or Chilled (18)         0.00      
     Oilseeds (18)                        0.00      
     Poultry Breeder Stock (18)           0.00                       4/
     Protein Meals (18)                   0.00      
     Vegetable Shortening (18)            0.00      
     Rice (18)                            0.00      
     Vegetable Oils  (18)                 0.00      
      Wheat; Wheat Flour;                        
        Semolina (18)                     0.00      
     Wood Products, Solid  (18)           0.00      
     Wood Pulp; Wood Chips (18)           0.00      
 

     
        

                                   
TOTAL FOR GSM-102       1,656.00         75.20   1,580.80  
                           
For Comparison Purposes: FY 1996 Payment Guarantee Commitments through 
October 4, 1996.
TOTAL FOR GSM-102       1,484.50           51.5    1,433.00  

                                   

                                 



Summary of FY 98 Export Credit Guarantee Program Activity for GSM-103 as of
close of business:
                               October 10, 1997 
                          
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/
                      --coverage in millions of dollars--
                            
Central American Region    5.00           0.00         5.00       10/
     Livestock, Breeder (7 years)         0.00                    4/

Mexico                    35.00           0.10        34.90       13/
     Livestock, Breeder (7 years)         0.10      

Morocco                  100.00           0.00       100.00     
     Cotton (7 years)                     0.00
     Livestock, Breeder (7 years)         0.00                    4/  
     Feed Grains (7 years)                0.00      
     Oilseeds (7 years)                   0.00 
     Protein Meals (7 years)              0.00
     Vegetable Oils (7 years)             0.00  
     Wheat (7 years)                      0.00      

Peru                       5.00           0.00         5.00          
     Livestock, Breeder (5 years)         0.00                    4/

Poland                     5.00           0.00         5.00 
     Livestock, Breeder (5 years)         0.00                    4/



Turkey                   40.00            0.00        40.00       4/
     Livestock, Breeder  (7 years)        0.00      
     Poultry Breeder Stock                        
        (7 years)                         0.00      
   
                           
TOTAL FOR GSM-103       190.00           00.10       189.90    
                        
For Comparison Purposes: FY 1996 Payment Guarantee Commitments through 
October 4, 1996.
TOTAL FOR GSM-103       200.00            0.00       200.00    




Summary of FY 98 Supplier Credit Guarantee Program (SCGP) Activity as of close
 of business:
                               October 10, 1997 
                     
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 20/)FY 1998      Received     Balance    1/2/19/
                      --coverage in millions of dollars--

Argentina                 3.00             0.00         3.00        4/
     Cotton (180)                          0.00      
     Dairy Products (180)                  0.00
     Dog and Cat Food,     
       Commercially Prepared (180)         0.00
     Fruit, Canned (180)                   0.00                     5/
     Fruit, Dried (180)                    0.00
     Fruit, Fresh  (180)                   0.00      
     Ice Cream (180)                       0.00                     5/
     Planting Seeds  (180)                 0.00      
     Potatoes (180)                        0.00      
     Pulses (180)                          0.00 
     Tree Nuts (180)                       0.00
     Vegetables, Canned (180)              0.00      
     Vegetables, Fresh (180)               0.00      
     Vegetables, Frozen (180)              0.00      
     Wine; Brandy (180)                    0.00
                              
Baltic Region             5.00             0.00         5.00       4/  
     Dairy Products (180)                  0.00       
     Egg Products (180)                    0.00
     Eggs, Table (180)                     0.00
     Feed Grains (180)                     0.00         
     Fish and Shellfish (Fresh,   
       Chilled, Frozen, Canned,
       Salted/Dried (180)                  0.00
     Fruit, Canned (180)                   0.00                    
     Fruit, Dried (180)                    0.00
     Fruit, Fresh  (180)                   0.00      
     Fruit,  Frozen (180)                  0.00                   5/
     Meat, Frozen or Chilled (180)         0.00                   
     Meat, Processed Products (180)        0.00                   5/
     Nutritional Beverage
       Preparation (180)                   0.00
     Orange Juice Concentrate,
        Frozen (180)                       0.00
     Potatoes (180)                        0.00      
     Poultry Breeder Stock (180)           0.00                   4/
     Pulses (180)                          0.00      
     Soup, Dehydrated Instant (180)        0.00
     Tree Nuts (180)                       0.00      
     Vegetables, Canned (180)              0.00
     Vegetables, Frozen (180)              0.00
     Wine; Brandy (180)                    0.00      


Summary of FY 98 Supplier Credit Guarantee Program (SCGP) Activity as of close
 of business:
                               October 10, 1997 
                     
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 20/)FY 1998      Received     Balance    1/2/19/
                      --coverage in millions of dollars--
Brazil                     10.00          0.00        10.00       15/4/
     Cotton  (180)                        0.00      
     Cotton Fabrics (180)                 0.00                      5/
     Cotton Yarn (180)                    0.00                      5/
     Dairy Products (180)                 0.00      
     Dog and Cat Food,                       
        Commercially Prepared  (180)      0.00      
     Fish and Shellfish (Fresh,   
       Chilled, Frozen, Canned,
       Salted/Dried (180)                 0.00
     Fruit, Canned  (180)                 0.00                      5/
     Fruit, Dried  (180)                  0.00      
     Fruit, Fresh (180)                   0.00      
     Meat, Frozen or Chilled (180)        0.00      
     Peanuts, Peanut Flour  (180)         0.00      
     Peanut Butter   (180)                0.00                      5/
     Potatoes (180)                       0.00      
     Planting Seeds  (180)                0.00      
     Pulses (180)                         0.00      
     Tree Nuts  (180)                     0.00      
     Vegetables, Canned (180)             0.00      
     Vegetables, Fresh  (180)             0.00      
     Vegetables, Frozen  (180)            0.00      
     Wine; Brandy  (180)                  0.00      

Central American Region 5.00              0.00        5.00      4/16/
     Dairy Products (180)                 0.00      
     Dog and Cat Food,                       
        Commercially Prepared  (180)      0.00      
     Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
       Salted/Dried (180)                 0.00
     Fruit, Canned  (180)                 0.00                      5/
     Fruit, Dried  (180)                  0.00      
     Fruit, Fresh (180)                   0.00      
     Meat, Frozen or Chilled (180)        0.00      
     Meat, Processed Products (180)       0.00                      5/
     Peanuts; Peanut Flour (180)          0.00
     Peanut Butter (180)                  0.00                      5/ 
     Potatoes (180                        0.00      
     Pulses (180)                         0.00      
     Tree Nuts (180)                      0.00
     Vegetables, Fresh (180)              0.00      
     Wine; Brandy (180)                   0.00
     Beer (180)                           0.00                      5/  

Central Europe Region     20.00           0.00        20.00       4/
     Fruit, Fresh (180)                   0.00     
     Meat, Frozen or Chilled (180)        0.00      
     Tree Nuts (180)                      0.00
    

   
                                   
Summary of FY 98 Supplier Credit Guarantee Program (SCGP) Activity as of close
 of business:
                               October 10, 1997 
                      
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
Maximum Credit Period 20/)FY 1998       Received     Balance    1/2/19/
                      --coverage in millions of dollars--

Israel                     20.00          0.00       20.00          4/
     Fruit, Dried (180)                   0.00
     Fruit, Fresh (180)                   0.00
     Tree Nuts (180)                      0.00
     Wine; Brandy (180)                   0.00


Jamaica                    5.00           0.00       5.00        4/
     Dairy Products (180)                  0.00      
     Fruit, Canned (180)                   0.00                   5/
     Fruit, Dried (180)                    0.00      
     Fruit, Fresh (180)                    0.00      
     Lecithin (180)                        0.00      
     Peanuts; Peanut Flour (180)           0.00      
     Peanut Butter (180)                   0.00                   5/
     Potatoes (180)                        0.00      
     Meat Products,  Processed (180)       0.00                   5/
     Soybean Protein,                        
         Processed Products  (180)         0.00      
     Tree Nuts (180)                       0.00      
     Vegetables, Canned (180)              0.00      
     Vegetables, Fresh (180)               0.00       
     Vegetables, Frozen (180)              0.00      
     Wine; Brandy  (180)                   0.00      
 
Mexico                  20.00             0.00      20.00       17/
     Dairy Products  (180)                0.00       
     Dog and Cat Food,                    0.00      
        Commercially Prepared (180)       0.00      
     Egg Products (180)                   0.00
     Fruit, Canned (180)                  0.00                   5/
     Fruit, Dried (180)                   0.00      
     Fruit, Fresh (180)                   0.00      
     Lecithin (180)                       0.00          
     Meat, Frozen or Chilled (180)        0.00
     Meat Products Processed (180)        0.00                   5/
     Peanuts; Peanut Flour (180)          0.00      
     Peanut Butter (180)                  0.00                   5/
     Planting Seeds (180)                 0.00      
     Potatoes (180)                       0.00      
     Pulses (180)                         0.00      
     Soybean Protein,                       
       Processed Products (180)           0.00      
     Tree Nuts (180)                      0.00      
     Vegetables, Canned (180)             0.00      
     Vegetables, Fresh (180)              0.00      
     Vegetables, Frozen (180)             0.00      
     Vegetable Oils Fully                         
        Refined  (180)                    0.00      
     Wine; Brandy (180)                   0.00      



Summary of FY 98 Supplier Credit Guarantee Program (SCGP) Activity as of close
 of business:
                               October 10, 1997 
                      
                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
Maximum Credit Period 20/)FY 1998       Received     Balance    1/2/19/
                      --coverage in millions of dollars--
Southeast Asia         35.00              0.00        35.00      4/
     Cotton Fabrics (180)                 0.00                   5/
     Cotton Yarn (180)                    0.00                   5/
     Dairy Products (180)                 0.00      
     Dog and Cat Food,                      
       Commercially Prepared  (180)       0.00      
     Fish and Shellfish (Fresh,                   
      Chilled, Frozen, Canned) (180)      0.00      
     Fruit, Canned (180)                  0.00                   5/
     Fruit, Dried (180)                   0.00      
     Fruit, Fresh (180)                   0.00      
     Fruit, Frozen (180)                  0.00                   5/
     Lecithin (180)                       0.00      
     Meat, Frozen or Chilled   (180)      0.00      
     Meat Products,  Processed (180)      0.00                   5/
     Peanuts; Peanut Flour  (180)         0.00      
     Peanut Butter (180)                  0.00                   5/
     Potatoes (180)                       0.00       
     Planting Seeds (180)                 0.00      
     Soybean Protein,                        
         Processed Products  (180)        0.00      
     Tree Nuts (180)                      0.00      
     Vegetables, Canned (180)             0.00      
     Vegetables, Fresh (180)              0.00      
     Vegetables, Frozen (180)             0.00      
     Vegetable Oils,  Fully                  
         Refined  (180)                   0.00      
     Wine; Brandy (180)                   0.00      
     Wood Products, Solid  (180)          0.00       


Turkey                      5.00          0.00        5.00       4/
     Dog and Cat Food,                      
       Commercially Prepared  (180)       0.00      
     Fish and Shellfish (Fresh,                   
      Chilled, Frozen, Canned) (180)      0.00      
     Fruit, Canned (180)                  0.00                   5/
     Fruit, Dried (180)                   0.00      
     Fruit, Fresh (180)                   0.00      
     Fruit, Frozen (180)                  0.00
     Grain Neutral Spirits (180)          0.00                   5/
     Nutritional Beverage
       Preparation (180)                  0.00
     Orange Juice Concentrate,
        Frozen (180)                      0.00   
     Planting Seeds (180)                 0.00      
     Tree Nuts (180)                      0.00      
     Vegetables,Canned (180)              0.00      
     Vegetables, Frozen (180)             0.00
     Wood Products, Solid (180)           0.00    
       
    








                                                                      
TOTAL FOR SCGP           128.00           0.00       128.00     

For Comparison Purposes: FY 1996 Payment Guarantee Commitments through   
October 4, 1996.96.
TOTAL FOR SCGP            20.00           0.00        20.00  


FOR COMPARISON PURPOSES:

FY 1998 PAYMENT GUARANTEE COMMITMENTS THROUGH 10/10/97

TOTAL FOR CCC CREDITS   1,974.00        75.30      1,898.70


                               
FY 1997 PAYMENT GUARANTEE COMMITMENTS THROUGH 10/4/96:

TOTAL FOR CCC CREDITS   1,704.50        51.50     1,653.00




FOOTNOTES:

1/ These announcement footnotes are indicative only. See actual provisions set forth in Program Announcements. These FAS News releases are available on the internet at http://www.fas.usda.gov or through fax polling. Callers should set their fax machines for polling and and dial (202) 720-1728. For additional information, contact the FAS Information Division (202) 720-7115.
2/ Except as noted, the following terms apply:

--Coverage is available on an FAS/FOB basis
--Maximum coverage is 98% of port value
--Final registration date is 9/30/98
--Final export date is 11/30/98


3/ SHOWN IN MONTHS UNLESS OTHERWISE INDICATED.
4/ Coverage on a C&F basis is available on sales made on C&F or CIF basis.
5/ Products have been determined to be"high-value agricultural products". See Program Announcement for details.
6/For credit terms exceeding 6 months, prinicipal repayments plus accrued interest are due at 6 month intervals.
7/ For terms of 12 months or longer, principal repayments plus accrued interest is due at 6 month intervals.
8/ For credit terms of 18 months, principal repayments plus accrued interest are due at 6 month intervals.
9/ Central America(102)--Total authorization was $110.0 million, however , $60.0 million remains unallocated i.e. non-operational.
10/ Central America(103)--Total authorization was $10.0 million, however , $5.0 million remains unallocated i.e. non-operational.
11/ East Caribbean(102)--Total authorization was $60.0 million, however, $30.0 million remains unallocated i.e. non-operational.
12/ Mexico(102)---Total authorization was $1.36 billion, however, $860 million remains unallocated i.e. non-operational.
13/ Mexico(103)---Total authorization was $100.0 million, however, $65 million remains unallocated i.e. non-operational.
14/ Pakistan(102)--Total authorization was $250.0 million, however, $125 million remains unallocated i.e. non-operational.
15/ Brazil(SCGP)-- -Total authorization was $20.0 million, however, $10.0 million remains unallocated i.e. non-operational.
16/ Central America(SCGP)--Total authorizations was $10.0 million, however, $5.0 million remains unallocated.
17/ Mexico (SCGP)--Total authorization was $40 million, however, $20 million remains unallocated i.e., non-operational.
18/ West Caribbean(102)--Soybean cake and soybean residue are eligible equivalent forms of soybean meal. 19/ Maximum coverage up to 50 percent of the port value. No interest coverage is offered.
20/ SHOWN IN DAYS UNLESS OTHERWISE INDICATED.

COUNTRIES INCLUDED WITHIN REGIONS:

                      
                                
     BALTIC:             Estonia, Latvia and Lithuania

     CENTRAL AMERICA:    Belize, Costa Rica, El Salvador, Guatemala, Honduras,
                         Nicaragua and Panama

     CENTRAL EUROPE:     Czech Republic, Hungary and Slovakia

     EAST AFRICA:        Kenya, Uganda and Tanzania         
                                
     EAST CARIBBEAN:     Barbados, Grenada, Guyana, St. Lucia, St. Vincent 
                         & the Grenadines, Suriname and Trinidad & Tobago     
                                 
     WEST CARIBBEAN:     Haiti and Jamaica        
                           
     BALTIC (SCGP):      Estonia, Latvia and Lithuania
     
     CENTRAL AMERICA (SCGP):    Belize, Costa Rica, Guatemala, Honduras,       
                                Nicaragua and Panama                      
CENTRAL EUROPE (SCGP):     Czech Republic, Hungary and Slovakia
 
     SOUTHEAST ASIA (SCGP):        Indonesia, Malaysia, Philippines, Singapore 
                                  and Thailand

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