required report public distribution date 7 25 2003 gain number ja3049 ja0000 japan oilseeds and products annual approved by clay hamilton u s embassy prepared tetsuo hamamoto highlights imports of us soybeans will remain stable in 2004 domestic soybean acreage increased 4 due to government rice diversion programs but poor weather conditions resulted a slight decrease production total meal are expected high my their continued substitution for mbm oil forecast flat weak consumers purchases stemming from stagnant economy includes psd changes yes trade matrix tokyo ja1 ja usda foreign agricultural service global agriculture information network page 2 28 unclassified table contents section i situation outlook 3 ii narrative on supply demand policy & marketing 5 consumption 6 crushing capacity price 8 9 biotechnology meals 10