United States
Department of
Agriculture

Foreign
Agricultural
Service

ECG-3-98
March 1998

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
...Applications for Coverage Under Allocations Announced
...Allocation Balances by Country and Commodity


MONTHLY SUMMARY

This Summary Report shows Fiscal Year (October) 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:

                              March 6, 1998

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                    --coverage in millions of dollars--

Andean Region           200.00            84.30       115.70        9/
     Barley Malt (36)                      0.00
     Cotton (36)                          19.10
     Cotton Fabrics (36)                   0.00                     5/
     Cotton Yarn (36)                      0.00                     5/
     Dairy Products (36)                   0.00
     Feed Grains (36)                     13.70
     Fish amd Shellfish (Fresh,
       Chilled, Frozen,
       Canned, Salted/Dried) (36)          0.00
     Fruit,  Dried (36)                    0.00
     Fruit,  Fresh (36)                    0.00
     Fruit,  Frozen (36)                   0.00                     5/
     Livestock, Breeder (36)               0.00                     4/
     Meat, Frozen or Chilled (36)          1.80
     Oilseeds (36)                         1.10  
     Planting Seeds (36)                   0.00
     Potatoes (36)                         0.00
     Poultry Breeder Stock (36)            0.00                     4/
     Protein Meals (36)                    8.60
     Pulses (36)                           0.00
     Rice (36)                            14.60
     Tallow; Grease; Lard (36)             0.40
     Tree Nuts (36)                        0.00
     Vegetable Oils (36)                   1.30
     Vegetables, Canned (36)               0.00
     Vegetables, Frozen (36)               0.00
     Wheat;Wheat Flour;
         Semolina (36)                    22.90
     Wood Products, Solid(720 Days)        0.00
     Wood Pulp; Wood Chips
        (720 Days)                         0.00


Argentina                16.00             0.00        16.00
     Cotton (36)                           0.00
     Fruit, Fresh  (36)                    0.00
     Livestock, Breeder (36)               0.00                     4/
     Planting Seeds  (36)                  0.00
     Potatoes (36)                         0.00
     Wood Pulp;Wood Products
       (720 Days)                          0.00




Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--
Baltic Region            15.00             0.00        15.00       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
     Dog and Cat Food,
      Commercially Prepared (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                     
     Leather (12)                          0.00                   5/ 
     Livestock, Breeder (12)               0.00
     Meat, Frozen or Chilled (12)          0.00
     Meat, Processed Products (12)         0.00                   5/
     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
     Protein Meals (12)                    0.00
     Pulses (12)                           0.00
     Rice (12)                             0.00
     Soup, Dehydrated Instant (12)         0.00                    5/
     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:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--
              
Brazil                  90.00              11.00       79.00        11/
     Barley Malt (18)                       0.00
     Barley Malt Exract (18)                0.00
     Cotton  (18)                           5.10
     Cotton Fabrics (18)                    0.00                  5/
     Cotton Yarn (18)                       0.00                  5/
     Dog and Cat Food,                       
       Commercially Prepared (18)           0.00
     Feed Grains (18)                       0.00
     Fish and Shellfish (Fresh,   
       Chilled, Frozen, Canned,
       Salted/Dried (18)                    0.00
     Fruit, Dried (18)                      0.00
     Fruit, Fresh (18)                      2.30
     Hops; Hops Extract (18)                0.00
     Peanuts (18)                           0.00
     Planting Seeds (18)                    0.00
     Potatoes (18)                          0.00
     Poultry Breeder Stock (18)             1.20                  4/
     Pulses (18)                            0.00
     Rice (18)                              0.00
     Tallow; Grease; Lard (18)              0.00
     Tree Nuts (18)                         0.00
     Vegetables, Canned  (18)               2.20
     Wheat; Wheat Flour;
      Semolina (18)                         0.00 
     Sub-Total...           85.00          10.80       74.20
 
     Livestock, Breeder (36) 5.00           0.20        4.80       4/    
     Sub-Total...            5.00           0.20        4.80 




Caucasus Region         10.00               0.00       10.00      21/
     Cotton (36)                            0.00
     Cotton Fabrics (36)                    0.00                   5/ 
     Cotton Yarn (36)                       0.00                   5/
     Feed Grains (36)                       0.00
     Grain Neutral Spirits (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
     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:
                               March 6, 1998 

                         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              33.00       17.00     12/   
     Animal Feed Products (36)              0.00
     Aquaculture Feed (Shrimp
       and Fish) (36)                       0.00
     Barley Malt (36)                       0.00
     Cotton  (36)                          20.40 
     Cotton Fabrics (36)                    0.00                  5/
     Cotton Yarn (36)                       0.00                  5/
     Dairy Products (36)                    0.00
     Feed Grains (36)                       5.10
     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)                          0.60
     Planting Seeds (36)                    0.00
     Potatoes (36)                          0.00
     Poultry Breeder Stock (36)             0.00                  4/
     Protein Meals (36)                     3.30
     Pulses (36)                            0.00
     Rice (36)                              0.00
     Tallow; Grease; Lard (36)              0.50
     Vegetable Oils (36)                    0.00
     Wheat; Wheat Flour;
      Semolina (36)                         3.10
     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)                  0.00
     Feed Grains (36)                     0.00
     Hides; Skins; Furskins (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
     Orange Juice Concentrate,
       Frozen (36)                        0.00
     Planting Seeds (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




Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars-- Summary of FY 98 

China                  100.00             31.70      68.30        29/ 
     Animal Feed Products (36)             0.00
     Cotton (36)                           3.10
     Feed Grains  (36)                     0.00
     Fish and Shellfish (Fresh,
       Chilled, Frozen, Canned,
       Salted/Dried (36)                   0.00
     Fruit,  Fresh  (36)                   0.00
     Fruit, Juices (36)                    0.00                   5/24/
     Hides; Skins; Furskins  (36)          0.00
     Hops; Hop Extract (36)                0.00
     Leather  (36)                         0.00                   5/
     Meat,  Frozen or Chilled  (36)        0.00
     Oilseeds (36)                        23.20
     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)                   5.40
     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


East Africa Region      35.00             13.9         21.10      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)                         1.71
     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
     Vegetable Oils (12)                   0.00
     Vegetables, Frozen (12)               0.00
     Wheat; Wheat Flour;
        Semolina (12)                     12.20
     Wood Products, Solid (12)             0.00
     Wood Pulp; Wood Chips (12)            0.00








Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               March 6, 1998 

                         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 Caribbean Region   60.00             26.60       33.40      
     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)                      2.40
     Fruit, Fresh (36)                     0.00
     Livestock, Breeder (36)               0.00                   4/
     Meat, Frozen or Chilled (36)          0.00
     Oilseeds (36)                         6.50
     Poultry Breeder Stock  (36)           0.00                   4/
     Protein Meals (36)                    0.90
     Rice (36)                             4.80
     Tallow; Grease; Lard (36)             0.00
     Vegetable Oils (36)                   0.00
     Vegeatbles, Canned (36)               0.00
     Wheat; Wheat Flour;
       Semolina (36)                      12.00
     Wood Products, Solid
       (720 Days)                          0.00
     Wood Pulp; Wood Chips
        (720 Days)                         0.00


 Egypt                   100.00           45.90      54.10     14/
     Animal Feed Products (12)             0.00
     Cotton Fabrics (12)                   0.00                 5/
     Cotton Yarn (12)                      0.00                 5/
     Dairy Products (12)                   0.70
     Feed Grains (12)                     11.60
     Fish and Shellfish (Frozen,
       Chilled, Frozen, Canned,
       Salted/Dried)(12)                   0.00
     Fruit, Fresh (12)                     0.00
     Meat, Frozen or Chilled (12)          0.00
     Oilseeds (12)                        11.70
     Planting Seeds (12)                   0.00
     Potatoes (12)                         0.00
     Protein Meals (12)                   11.70
     Tallow; Grease; Lard (12)             0.00
     Vegetable Oils (12)                   0.00
     Wheat; Wheat Flour;
        Semolina (12)                     10.20
     Wood Products, Solid (12)             0.00
     Wood Pulp; Wood Chips (12)            0.00
     Sub-Total ...       99.00            45.90      53.10    
     
     Livestock,Breeder and
     Feeder Cattle (24)  1.00             0.00       1.00       4/
     Sub-Total ...       1.00             0.00       1.00 


Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--

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

Indonesia                400.00          32.50      367.50
     Barley Malt (36)                     0.00
     Brine Shrimp eggs (36)               0.00
     Corn Products (36)                   0.20
     Cotton (36)                          8.20
     Cotton Fabrics (36)                  0.00                    5/
     Cotton Yarns (36)                    0.00                    5/
     Dairy Products (36)                  0.00 
     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
     Fruit Juices (36)                    0.00                    5/24/
     Hides and Skins (36)                 0.00
     Ice Cream (36)                       0.00                    5/
     Leather (36)                         0.00                    5/
     Livestock, Breeder (36)              0.00                    4/
     Meat, Frozen or Chilled (36)         0.00
     Oilseeds (36)                       24.10
     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


Jordan                 40.00              0.00       40.00         15/
     Feed Grains (36)                     0.00
     Wheat (36)                           0.00



Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--

Kazakstan                5.00              0.00        5.00       4/
     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, Canned (12)                    0.00                   5/
     Fruit,  Frozen (12)                   0.00                   5/
     Hides; Skins; Furskins 
     Leather (12)                          0.00                   5/
     Livestock, Breeder (12)               0.00
     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
     Poultry Breeder Stock (12)            0.00
     Protein Meals (12)                    0.00
     Pulses (12)                           0.00
     Rice (12)                             0.00
     Soup, Dehydrated Instant (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, 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


Korea                      675.00        567.40     107.60       6/28/
     Fruit, Dried (24)                     0.00
     Fruit, Fresh (24)                     0.00
     Meat, Frozen or Chilled
      (Beef, Pork and Poultry)(24)       100.00
     Potatoes (Cut and Chilled or
       Frozen; Flakes; Granules)(24)       0.00
     Tree Nuts (24)                        0.00
     Sub-Total...         100.00         100.00       0.00

     Barley (24)                           0.00
     Corn (White& Yellow) (24)           109.20
     Oats (24)                             0.00 
     Sorghum (24)                          0.00
     Rye (24)                              0.00    
     Soybean Meal (24)                    35.40
     Sub-Total...         160.00         144.60      15.40

     Cotton (24)          130.00         101.80      28.20
     Soybeans (24)        100.00          63.00      37.00
     Wheat (24)            85.00          58.60      26.40
     Sub-Total...         315.00         223.40      91.60
     
     Hides and Skins (24) 100.00          99.40       0.60
     Sub-Total...         100.00          99.40       0.60


Lebanon                 5.00               0.00       5.00
     Animal Feed Products (36)
     Aquaculture Feed (Shrimp and
       Fish) (36)                          0.00
     Feed Grains (36)                      0.00
     Nursery Stock (36)                    0.00
     Oilseeds (36)                         0.00
     Planting Seeds (36)                   0.00
     Protein Meals (36)                    0.00
     Wheat;Wheat Flour;
         Semolina (36)                     0.00

Malaysia              100.00               0.00     100.00
     Corn Products (36)                    0.00 
     Cotton (36)                           0.00
     Dairy Products (36)                   0.00
     Fruit, Canned (36)                    0.00                   5/
     Fruit, Dried (36)                     0.00
     Fruit, Fresh (36)                     0.00
     Feed Grains (36)                      0.00
     Meat, Frozen or Chilled (36)          0.00
     Oilseeds (36)                         0.00
     Protein Meals (36)                    0.00
     Vegetables, Canned (36)               0.00
     Vegeatbles, Fresh (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:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars-
Mexico               1,000.00            513.40     486.60       6/16/
     Animal Feed Products (24)             0.40
     Barley Malt (24)                      0.00
     Corn Products  (24)                   1.50
     Cotton (24)                         101.00
     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)                    140.80
     Fish and Shellfish (Fresh,
      Chilled, Frozen, Canned,
      Salted/Dried (24)                    0.00
     Fruit, Canned (24)                    0.00                 5/
     Fruit,  Fresh (24)                    0.00
     Hay (24)                              0.00
     Hides; Skins  (24)                    0.00
     Hops; Hop Extract (24)                0.00
     Leather (24)                          0.00                 5/
     Meat, Frozen or Chilled (24)         48.30
     Meat, Processed Products (24)         0.00
     Oilseeds (24)                        97.30
     Planting Seeds (24)                   0.00
     Popcorn, Bulk (24)                    0.00
     Potatoes (24)                         0.00
     Poultry Breeder Stock (24)            0.00
     Protein Meals (24)                   20.10
     Pulses (24)                           0.00
     Rice (24)                             9.00
     Soybean Hull Pellets  (24)            0.00
     Tallow; Grease; Lard (24)            26.20
     Tree Nuts (24)                        2.00
     Vegetable Oils (24)                  61.40
     Wheat; Wheat Flour;
        Semolina (24)                     38.70
     Wood Products, Solid
         (720 Days)                        0.00
     Wood Pulp;  Wood Chips
         (720 Days)                        2.70
     Wool; Mohair (24)                     0.00


Morocco                 10.00             0.00      10.00       4/
     Cotton (36)                          0.00
     Cotton Fabrics (36)                  0.00                  5/
     Cotton Yarn (36)                     0.00                  5/ 
     Feed Grains (36)                     0.00
     Oilseeds (36)                        0.00
     Planting Seeds (36)                  0.00
     Protein Meals (36)                   0.00
     Pulses (36)                          0.00
     Vegetable Oils (36)                  0.00
     Wheat; Wheat; Wheat Flour;           
       Semolina (36)                      0.00

Pakistan               250.00           161.90      88.10       6/
     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)                    161.90
     Wood Pulp; Wood Chips
       (720 Days)                         0.00


Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--

Philippines            100.00             0.00     100.00
     Barley Malt (36)                     0.00
     Corn Products (36)                   0.00
     Cotton (36)                          0.00
     Cotton Fabrics (36)                  0.00                      5/
     Cotton Yarns (36)                    0.00                      5/
     Dairy Products (36)                  0.00
     Feed Grains (36)                     0.00
     Fruit, Fresh (36)                    0.00
     Fruit Juices (36)                    0.00                      5/24/ 
     Hides; Skins (36)                    0.00
     Leather (36)                         0.00                      5/
     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
     Tree Nuts (36)                       0.00
     Wheat; Wheat Flour;
        Semolina (36)                     0.00
     Wood Products, Solid 
        (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
     Fruit Juices (36)                    0.00                  5/24/
     Hides; Skins; Furskins  (36)         0.00
     Leather  (36)                        0.00                  5/
     Livestock, Breeder (36)              0.00                  4/
     Lysine (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:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--

Romania                       15.00       9.80       5.20         4/6/
     Animal Feed Products (24)
     Cotton (24)                          0.00
     Cotton Fabrics (24)                  0.00                      5/
     Cotton Yarn (24)                     0.00                      5/
     Feed Grains (24)                     0.00
     Hides; Skins (24)                    9.80
     Leather (24)                         0.00                      5/   
     Oilseeds (24)                        0.00
     Planting Seeds (24)                  0.00
     Protein Meals (24)                   0.00
     Wheat; Wheat Flour
        Semolina (24)                     0.00
     Wood Products, Solid (720 Days)      0.00


Russia                        95.00       21.60       73.40         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)                   1.30
     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 (12)                    0.00
     Fruit Juices (12)                     0.00                    5/23/   
     Fruits, Canned (12)                   0.00                    5/
     Fruits, Dried (12)                    0.00
     Fruits, Fresh  (12)                   0.20
     Fruits, Frozen (12)                   0.00                    5/
     Hides; Skins; Furskins  (12)          0.00
     Honey (12)                            0.00
     Honey Products (12)                   0.00                    5/
     Hops; Hop Extract  (12)               0.00
     Ice Cream (12)                        0.00                    5/
     Leather  (12)                         0.00                    5/
     Livestock, Breeder (12)               0.00                    4/
     Meat, Frozen or Chilled (12)         18.10
     Meat, Processed Products (12)         2.00                    5/
     Nutritional Beverage
        Preparations (12)                  0.00
     Oilseeds  (12)                        0.00
     Planting Seeds (12)                   0.00
     Potatoes (12)                         0.00
     Poultry Breeder Stock (12)            0.00                    4/
     Protein Meals (12)                    0.00
     Rice (12)                             0.00
     Soup, Dehydrated Instant (12)         0.00                    5/
     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
     Wine; Brandy (12)                     0.00



Summary of FY 98 Export Credit Guarantee Program Activity for GSM-102 as of
close of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--

Slovenia                 15.00             0.00       15.00          
     Cotton (36)                           0.00
     Cotton Fabrics (36)                   0.00                    5/
     Cotton Yarn (36)                      0.00                    5/
     Feed Grains (36)                      0.00
     Hides; Skins; Furskins  (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
     Protein Meals (36)                    0.00
     Pulses (36)                           0.00
     Rice (36)                             0.00
     Vegetable Oils (36)                   0.00
     Wheat; Wheat Flour;
        Semolina (36)                      0.00
     Wood Products, Solid
         (720 Days)                        0.00
     Wool; Mohair (36)                     0.00


Southern Africa Region      50.00         0.00        50.00     
     Barley Malt (36)                     0.00
     Dairy Products (36)                  0.00
     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
     Fruit, Canned (36)                   0.00                     5/
     Fruit, Dried (36)                    0.00
     Livestock, Breeder (36)              0.00                     4/
     Meat, Frozen or Chilled (36)         0.00
     Meat, Processed Products (36)        0.00                     5/
     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
     Tree Nuts (36)                       0.00
     Vegetable Oils (36)                  0.00
     Vegetables, Canned (36)              0.00
     Vegetables, Frozen (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


Thailand                   300.00        63.80       236.20     
     Barley (36)                          0.00
     Cotton (36)                          6.80
     Cotton Fabrics  (36)                 0.00                     5/
     Cotton Yarn  (36)                    0.00                     5/
     Dairy Products (36)                  0.00
     Feed Grains (36)                     0.00
     Hides; Skins (36)                    0.20
     Leather (36)                         0.00                     5/
     Oilseeds (36)                       54.70
     Protein Meals (36)                   2.30
     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:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 3/)FY 1998       Received     Balance      1/2/

                      --coverage in millions of dollars--

Tunisia                     30.00         0.70        29.30        4/
     Cotton (36)                          0.00
     Cotton Fabrics  (36)                 0.00                     5/
     Cotton Yarn  (36)                    0.00                     5/
     Dairy Products (36)                  0.70
     Feed Grains (36)                     0.00
     Fish and Shellfish (Fresh,
       Chilled, Frozen, Canned,
       Salted/Dried (36)                  0.00
     Ice Cream (36)                       0.00                     5/
     Livestock, Breeder (36)              0.00
     Meat, Frozen or Chilled (36)         0.00
     Planting Seeds (36)                  0.00
     Protein Meals (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
     Sub-Total...          20.00          0.07         19.30

     Vegetable Oils (36)   10.00          0.00         10.00         26/
     Sub-Total...          10.00          0.00         10.00



Turkey                    250.00        175.40         74.60    27/
     Animal Feed Products (36)            0.00
     Citrus Pulp Pellets (36)             0.00
     Corn Products (36)                   0.00
     Cotton (36)                         92.20
     Cotton Fabrics (36)                  0.00                   5/
     Cotton Yarn (36)                     0.00                   5/
     Dairy Products (36)                  0.00
     Feed Grains (36)                     4.60
     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)                   0.90
     Leather (36)                         0.00                   5/
     Livestock, Breeder (36)              0.00                   4/
     Meat, Frozen or Chilled (36)         0.00
     Oilseeds (36)                       19.10
     Planting Seeds (36)                  0.40
     Poultry Breeder Stock (36)           0.00                   4/
     Protein Meals (36)                  24.40
     Pulses (36)                          0.00  
     Rice (36)                            9.30
     Sheepskins/Lambskins (36)            0.00 
     Tallow; Grease; Beef Fat  (36)       8.50
     Vegetable Oils (36)                 13.00
     Vegetables, Canned (36)              0.00
     Wheat; Wheat Flour;                     
        Semolina (36)                     3.00
     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:
                               March 6, 1998 

                         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 Africa                50.00          0.00        50.00       4/ 
     Dairy Products (12)                  0.00
     Feed Grains (12)                     0.00
     Meat, Frozen or Chilled (12)         0.00
     Nutritional Beverage
       Preparations (12)                  0.00
     Oilseeds (12)  
     Protein Meals (12)                   0.00
     Rice (12)                            0.00
     Tallow; Grease; Lard (12)            0.00
     Vegetable Oils (12)                  0.00
     Wheat; Wheat Flour;
        Semolina (12)                     0.00
     Sub-Total...          48.50          0.00        48.50


     Livestock, Breeder and
      Feeder Cattle (36)    1.50          0.00         1.50
     Sub-Total...           1.50          0.00         1.50


West Caribbean Region      35.00          6.50        28.50       8/22/
     Animal Feed Products (18)            0.00
     Aquaculture Feed (Shrimp and
        Fish) (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)                     3.60
     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)                   2.60
     Pulses (18)                          0.00
     Rice (18)                            0.00
     Vegetable Oils  (18)                 0.00
     Vegetable Shortening (18)            0.00
     Wheat; Wheat Flour;
        Semolina (18)                     0.00
     Wood Products, Solid  (18)           0.30
     Wood Pulp; Wood Chips (18)           0.00



TOTAL FOR GSM-102       4,156.00      1,799.40   2,356.60


For Comparison Purposes: FY 1997Payment Guarantee Commitments through 
March 7, 1997.

TOTAL FOR GSM-102       2,725.50      1,316.60   1,408.90 





Summary of FY 98 Export Credit Guarantee Program Activity for GSM-103 as of
close of business:

                               March 6, 1998 

                         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       13/
     Livestock, Breeder (7 years)         0.00                    4/

China                      2.00           0.00         2.00
     Livestock, Breeder (7 years)         0.00                    4/


Egypt                      5.00           0.00         5.00
     Livestock, Breeder (7 Years)         0.00                    4/

Indonesia                 10.00           0.00        10.00
     Livestock, Breeder (7 years)         0.00                    4/

Lebanon                   10.00           0.00        10.00
     Livestock, Breeder (7 years)         0.00                    4/

Mexico                    35.00           1.20        33.80       17/
     Livestock, Breeder (7 years)         1.20

Morocco                  100.00           8.30        91.70       4/
     Cotton (7 years)                     0.00
     Feed Grains (7 years)                0.00
     Livestock, Breeder (7 years)         0.00
     Oilseeds (7 years)                   0.00
     Protein Meals (7 years)              0.00
     Vegetable Oils (7 years)             0.00
     Wheat (7 years)                      8.30

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

Philippines                2.00           0.00         2.00 
    Livestock, Breeder (7 Years)          0.00                    4/

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

Southern Africa Region    1.00            0.00         1.00
     Livestock, Breeder (7 Years)         0.00

Tunisia                  40.00           26.70        13.30       4/25/
     Feed Grains (7 years)                0.00
     Wheat; Wheat Flour; 
       Semolina (7 years)                26.70

Turkey                   40.00            0.00        40.00       
     Livestock, Breeder  (7 years)        0.00                    4/
     Poultry Breeder Stock
        (7 years)                         0.00                    4/




TOTAL FOR GSM-103       260.00           36.20       223.80    

For Comparison Purposes: FY 1997Payment Guarantee Commitments through 
March 7, 1997.

TOTAL FOR GSM-103       353.00            7.60       345.40    




Summary of FY 98 Supplier Credit Guarantee Program (SCGP) Activity as of close
of business:

                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 31/)FY 1998      Received     Balance    1/2/30/

                      --coverage in millions of dollars--

Andean Region           10.00              0.03         9.97      4/10/
     Cotton (180)                          0.00
     Cotton Fabrics (180)                  0.00                   5/
     Cotton Yarn (180)                     0.00                   5/
     Dairy Products (180)                  0.03
     Dog aand 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
     Lecithin (180)                        0.00
     Meat, Frozen or Chilled (180)         0.00
     Peanut Butter (180)                   0.00                   5/
     Peanuts, Peanut Flour (180)           0.00
     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
     Vegetable Oils (180)                  0.00
     Vegetables, Canned (180)              0.00
     Vegetables, Fresh (180)               0.00
     Vegetables, Frozen (180)              0.00
     Wine; Brandy (180)                    0.00


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/  
     Beer (180)                            0.00                    5/  
     Beverage, Distilled (180)             0.00                    5/   
     Dairy Products (180)                  0.00
     Egg Products (180)                    0.00
     Eggs, Table (180)                     0.00
     Fish and Shellfish (Fresh,
       Chilled, Frozen, Canned,
       Salted/Dried (180)                  0.00
     Fruit Juices (180)                    0.00                    5/23/
     Fruit, Canned (180)                   0.00                    5/
     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
     Potatoes (180)                        0.00
     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:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 31/)FY 1998      Received     Balance    1/2/30/

                      --coverage in millions of dollars--

Brazil                     10.00          0.00        10.00        4/19/
     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
     Peanut Butter   (180)                0.00                      5/
     Peanuts, Peanut Flour  (180)         0.00
     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


Central American Region 5.00              0.70        4.30      4/20/
     Beer (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
     Meat, Processed Products (180)       0.70                    5/
     Peanut Butter (180)                  0.00                    5/ 
     Peanuts; Peanut Flour (180)          0.00
     Potatoes (180                        0.00
     Pulses (180)                         0.00
     Tree Nuts (180)                      0.00
     Vegetables, Fresh (180)              0.00
     Wine; Brandy (180)                   0.00


Central Europe Region     20.00           0.00        20.00       4/
     Feed Grains (180)                    0.00
     Fruit, Dried (180)                   0.00
     Fruit, Fresh (180)                   0.00
     Livestock, Breeder (180)             0.00
     Meat, Frozen or Chilled (180)        0.00
     Oilseeds (180)                       0.00
     Poultry Breeder Stock (180)          0.00
     Protein Meals (180)                  0.00
     Tree Nuts (180)                      0.00
     Vegetable Oils (180)                 0.00 
     Wheat; Wheat Flour; 
        Semolina (180)                    0.00

Summary of FY 98 Supplier Credit Guarantee Program (SCGP) Activity as of close
of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 31/)FY 1998      Received     Balance    1/2/30/

                      --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
     Meat, Processed Products (180)        0.00                    5/
     Peanut Butter (180)                   0.00                    5/
     Peanuts; Peanut Flour (180)           0.00
     Potatoes (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
     Wine; Brandy  (180)                   0.00
                   
               
Kazakstan                5.00              0.00        5.00       4/
     Corn Products (180)                   0.00
     Cotton Fabrics (180)                  0.00                   5/
     Cotton Yarn (180)                     0.00                   5/
     Dairy Products (180)                  0.00
     Egg Products (180)                    0.00
     Eggs, Table (180)                     0.00
     Fish and Shellfish (Fresh, 
       Chilled, Frozen,
       Canned Salted/Dried) (180)          0.00
     Fruit, Canned (180)                   0.00                   5/
     Fruit,  Frozen (180)                  0.00                   5/
     Hides; Skins; Furskins 
     Leather (180)                         0.00                   5/
     Meat, Frozen or Chilled (180)         0.00      
     Meat, Processed Products (180)        0.00                   5/
     Nutritional Beverage
       Preparations (180)                  0.00
     Orange Juice Concentrate,
       Frozen (180)                        0.00
     Planting Seeds (180)                  0.00
     Potatoes (180)                        0.00
     Soup, Dehydrated Instant (180)        0.00                   5/
     Tallow; Grease; Lard (180)            0.00
     Tree Nuts (180)                       0.00
     Vegetables, Canned (180)              0.00
     Vegetables, Frozen (180)              0.00
     Wine; Brandy (180)                    0.00
                   
                   
Mexico                 120.00              1.30      118.70       18/
     Dairy Products  (180)                 0.00
     Dog and Cat Food,                     0.00
        Commercially Prepared (180)        0.00
     Egg Products (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)                    0.30
     Lecithin (180)                        0.00          
     Meat, Frozen or Chilled (180)         0.70
     Meat Products Processed (180)         0.00                   5/
     Peanut Butter (180)                   0.00                   5/
     Peanuts; Peanut Flour (180)           0.00
     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
     Vegetable Oils Fully
       Refined  (180)                      0.00
     Vegetables, Canned (180)              0.00
     Vegetables, Fresh (180)               0.00
     Vegetables, Frozen (180)              0.00
     Wine; Brandy (180)                    0.00
     Sub-Total          20.00              1.00         19.00   
                   
                   
     Cotton (180)                          0.30
     Feed Grains (180) 100.00              0.00              
     Oilseeds (180)                        0.00
     Protein Meals (180)                   0.00
     Tallow; Grease; Lard (180)            0.00 
     Vegetable Oils (180)                  0.00
     Wheat; Wheat Flour;
       Semolina (180)                      0.00
     Wood Pulp; Wood Chips (180)           0.00
     Sub-Total         100.00              0.30         99.70
                   
                   
                   



Summary of FY 98 Supplier Credit Guarantee Program (SCGP) Activity as of close
of business:
                               March 6, 1998 

                         Announced      Exporter           Remarks/Additional
Country / Commodity      Allocations    Applications           Information
(Maximum Credit Period 31/)FY 1998      Received     Balance    1/2/30/

                      --coverage in millions of dollars--
Poland                  10.00             0.00      10.00        4/
     Dog and Cat Food,     
       Commercially Prepared (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                   5/
     Fruit, Dried (180)                   0.00 
     Meat, Frozen or Chilled (180)        0.00
     Meat, Processed Products (180)       0.00                   5/            
     Oilseeds (180)                       0.00
     Orange Juice Concentrate,
       Frozen (180)    
     Peanut Butter (180)                  0.00                   5/
     Peanuts; Peanut Flour (180)          0.00
     Potatoes (180)                       0.00
     Rice (180)                           0.00
     Tree Nuts (180)                      0.00
     Vegetables, Canned (180)             0.00
     Wood Products (180)                  0.00
                   
Southeast Asia Region 50.00               0.00        50.00      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
     Feed Grains (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
     Fruit, Frozen (180)                  0.00                   5/
     Fruit, Juices (180)                  0.00                   5/24/
     Ice Cream (180)                      0.00                   5/
     Lecithin (180)                       0.00
     Meat, Frozen or Chilled   (180)      0.00
     Meat Products,  Processed (180)      0.00                   5/
     Peanut Butter (180)                  0.00                   5/
     Peanuts; Peanut Flour  (180)         0.00
     Planting Seeds (180)                 0.00
     Potatoes (180)                       0.00
     Protein Meals (180)                  0.00
     Soybean Protein,
       Processed Products  (180)          0.00
     Tree Nuts (180)                      0.00
     Vegetable Oils,  Fully                  
         Refined  (180)                   0.00
     Vegetables, Canned (180)             0.00
     Vegetables, Fresh (180)              0.00
     Vegetables, Frozen (180)             0.00
     Wheat; Wheat Flour;
       Semolina (180)                     0.00
     Wine; Brandy (180)                   0.00
     Wood Products, Solid  (180)          0.00
                   
Southeast Europe Region    20.00           0.00       20.00        4/
     Fruit, Dried (180)                    0.00
     Fruit, Fresh (180)                    0.00
     Livestock Genetics (180)              0.00
     Meat, Frozen or Chilled  (180)        0.00                    
     Oilseeds (180)                        0.00
     Peanut Butter (180)                   0.00                    5/
     Peanuts; Peanut Flour (180)           0.00
     Protein Meals (180)                   0.00 
     Rice (180)                            0.00  
     Tree Nuts (180)                       0.00
     Vegetable Oils, Fully
       Refined (180)                       0.00 
     Vegetables, Fresh (180)               0.00


Turkey                      5.00          0.00        5.00       4/
     Dog and Cat Food,
       Commercially Prepared  (180)       0.00
     Fruit, Canned (180)                  0.00                   5/
     Fruit, Fresh (180)                   0.00
     Fruit, Frozen (180)                  0.00                   5/
     Grain Neutral Spirits (180)          0.00
     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           288.00           2.03       285.97     
                   
For Comparison Purposes: FY 1996 Payment Guarantee Commitments through   
March 7, 1997.
                   
TOTAL FOR SCGP            80.00           3.31        76.69  
                   
FOR COMPARISON PURPOSES:
                   
FY 1998 PAYMENT GUARANTEE COMMITMENTS THROUGH 3/6/98
                   
TOTAL FOR CCC CREDITS   4,704.00     1,837.63      2,866.37
                   
FY 1997 PAYMENT GUARANTEE COMMITMENTS THROUGH 3/7/97:
                   
TOTAL FOR CCC CREDITS   3,158.50     1,327.51     1,830.99
                   

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/ Andean Region(102)--Total authorization was $350.0 million, however, $150.0 million remains unallocated i.e., non-operational.
10/ Andean Region(SCGP)--Total authorization $20.0 million, however, $10.0 million remains unallocated i.e., non-operational.
11/ Brazil(102)--Credit terms are available for four additional credit options. See program announcement for details.
12/ Central America(102)--Total authorization was $110.0 million, however , $60.0 million remains unallocated i.e.non-operational.
13/ Central America(103)--Total authorization was $10.0 million, however , $5.0 million remains unallocated i.e.non-operational.
14/ Egypt(102)--Total authorization was $225.0 million, however, $125.0 million remains unallocated i.e.,non-operational. 15/Jordan(102)--The eligible foreign buyer is Jordan's Ministry of Supply.
16/ Mexico(102)---Total authorization was $1.26 billion, however, $760 million remains unallocated i.e. non-operational.
17/ Mexico(103)---Total authorization was $100.0 million, however, $65 million remains unallocated i.e. non-operational.
18/ Mexico(SCGP)--Total authorization was $140.0 million, however, $20.0 million remains unallocated i.e., non-operational. 19/Brazil(SCGP)-- -Total authorization was $20.0 million, however, $10.0 million remains unallocated i.e. non-operational.
20/ Central America(SCGP)--Total authorizations was $10.0 million, however, $5.0 million remains unallocated.
21/ Caucasus Region(102)--Announced coverage is available where letter of credit arrangements are made with any bank approved by CCC in Turkey.
22/ West Caribbean(102)--Soybean cake and soybean residue are eligible equivalent forms of soybean meal.
23/ The terms and conditions for "fruit juices" have superceded the terms for ;frozen orange juice concentrate. See program announcement for details.
24/ See program announcement for details on fruit juices.
25/ Tunisia(103)--The eligible buyer is the Office National des Cereales.
26/ Tunisia(102)--The eligible buyer is Office de l'Huile. 27/ Turkey(102)--Credit terms amended to include and additional credit option. See program announcement for details.
28/ Korea (102)--Total authorizaion was $1.1 billion, however, $425 million remains unallocated i.e., non-operational. The unallocated commodity breakdown amounts are tentative and subject to change. See program announcement for details. Under this announcement barley sales must specify "unhulled". 29/ China (102 & 103)--Eligible destination country to include Hong Kong.
30/ Maximum coverage up to 50 percent of the port value. No interest coverage is offered.
31/SHOWN IN DAYS UNLESS OTHERWISE INDICATED.

ECG 3-98

COUNTRIES INCLUDED WITHIN REGIONS:

 
ANDEAN REGION:           Bolivia, Chile, Colombia, Ecuador,                    
                         Peru and Venezuela

BALTIC:                  Estonia, Latvia and Lithuania
                   
CAUCASUS:                Azerbaijan, Georgia and Armenia
                   
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     
                   
SOUTHERN AFRICA REGION:  Angola, Botswana, Burundi, Lestho, Madagasgar,
                         Malawi, Mauritius, Mozambique, Namibia, Rwanda, 
                         Seychelles, South Africa, Swaziland, 
                         Democratic Republic of Congo (formerly Zaire), 
                         Zambia and Zimbabwe
                   
WEST AFRICA:            Benin, Burkina Faso, Cameroon, Cape Verde, 
                         Central African Republic, Congo, Cote d'Ivoire,       
                         Gabon, Gambia, Ghana, Guinea-Bissau, Guinea, Liberia, 
                         Mali, Mauritania, Nigeria, Senegal, Sierra Leone and  
                        Togo

WEST CARIBBEAN:          Haiti and Jamaica                         



                       -----------------------------------------------
ANDEAN REGION (SCGP):    Bolivia, Chile, Colombia, Ecuador and Peru

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
                   
SOUTHEASTEUROPE (SCGP): Croatia and Slovenia


                                                      ECG 3-98
                                     

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