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<H2 align=center><!--mstheme--><FONT color=#cc9900 face="times new roman">The
Chicago Board Of Trade Market Information<BR><BR>November 1997
Ag<!--mstheme--></FONT></H2><!--mstheme--><FONT face=verdana><!--msthemeseparator-->
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<TD><!--mstheme--><FONT face=verdana><B>Calendar Prepared
By:</B><BR>Andrew Johnson<BR>(312) 435-3640<!--mstheme--> </FONT></TD></TR>
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<CAPTION><FONT size=+1><NOBR><B>November 3</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>EXPORT INSPECTIONS 10:00 CST YA AS OF 10/31/96
W: 20.4 M. BU.
C: 43.9 M. BU.
SB: 30.8 M. BU.
VISIBLE SUPPLY 12:00 CST YA AS OF 11/1/96
W: 0.3 M. BU.
C: 0.9 M. BU.
SB: 4.9 M. BU.
FDD: SOYBEANS, RICE, METALS
NWS 6-10 DAY FORECAST 3:00 CST
CROP PROGRESS 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 4</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>*DELIVERABLE STOCKS 2:00 CST AS OF 9/26/97
W: 26.8 M. BU.
C: 0.9 M. BU.
SB: 1.1 M. BU.
O: 8.7 M. BU.
R: 13.2 TH. CWT. </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 5</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>NWS 6-10 DAY FORECAST 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 6</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>WEEKLY EXPORT SALES 7:30 CST YA AS OF 11/7/96
W: 474.9 MT 17.4 M. BU.
C: 797.3 MT 31.4 M. BU.
SB: 1,118.2 MT 41.1 M. BU.
SM: 221.5 MT
SO: 48.7 MT
R: 55.8 MT </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 7</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>NOPA SOYBEAN CRUSH 7:45 CST YA AS OF 10/30/96 29.842 M. BU.
COMMITMENT OF TRADERS (FUTURES) 2:30 CST FUTURES AND OPTIONS
COMBINED REPORT RELEASED THE FOLLOWING MONDAY
NWS 6-10 DAY FORECAST 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 10</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>USDA CROP PRODUCTION-SUPPLY/DEMAND WHEAT, CORN, OATS,
SOYBEANS 7:30 CST
EXPORT INSPECTIONS 10:00 CST YA AS OF 11/7/96
W: 17.9 M. BU.
C: 40.5 M. BU.
SB: 37.0 M. BU.
VISIBLE SUPPLY 12:00 CST YA AS OF 11/8/96
W: 0.5 M. BU.
C: 0.8 M. BU.
SB: 5.7 M. BU.
NWS 6-10 DAY FORECAST 3:00 CST
CROP PROGRESS 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 11</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>VETERANS DAY USDA OFFICES CLOSED
*DELIVERABLE STOCKS 2:00 CST AS OF 10/3/97
W: 27.4 M. BU.
C: 1.0 M. BU.
SB: 2.6 M. BU.
O: 9.5 M. BU.
R: 15.5 TH. CWT. </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 12</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>NWS 6-10 DAY FORECAST 3:00 CST
USDA WORLD AGRICULTURAL PRODUCTION 2:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 13</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>NOVEMBER 14
WEEKLY EXPORT SALES 7:30 CST YA AS OF 11/14/96
W: 275.1 MT 10.1 M. BU.
C: 1,224.7 MT 48.2 M. BU.
SB: 616.6 MT 22.7 M. BU.
SM: 163.3 MT
SO: 34.0 MT
R: 95.5 MT
NOPA SOYBEAN CRUSH 7:45 CST YA AS OF 11/6/96 29.898 M. BU.
LTD: OPTIONS ON DECEMBER, CORN, WHEAT, OATS, SOYOIL, SOYMEAL,
SILVER
USDA CATTLE ON FEED 2:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 14</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>WEEKLY EXPORT SALES 7:30 CST YA AS OF 11/14/96
W: 275.1 MT 10.1 M. BU.
C: 1,224.7 MT 48.2 M. BU.
SB: 616.6 MT 22.7 M. BU.
SM: 163.3 MT
SO: 34.0 MT
R: 95.5 MT
NOPA SOYBEAN CRUSH 7:45 CST YA AS OF 11/6/96 29.898 M. BU.
LTD: OPTIONS ON DECEMBER, CORN, WHEAT, OATS, SOYOIL, SOYMEAL,
SILVER
USDA CATTLE ON FEED 2:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 17</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>EXPORT INSPECTIONS 10:00 CST YA AS OF 11/14/96
W: 15.1 M. BU.
C: 57.0 M. BU.
SB: 38.9 M. BU.
VISIBLE SUPPLY 12:00 CST YA AS OF 11/15/96
W: 0.5 M. BU.
C: 0.5 M. BU.
SB: 5.4 M. BU.
CROP PROGRESS 3:00 CST
NWS 6-10 DAY FORECAST 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 18</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>*DELIVERABLE STOCKS 2:00 CST AS OF 10/10/97
W: 27.7 M. BU.
C: 0.8 M. BU.
SB: 5.0 M. BU.
O: 10.9 M. BU.
R: 17.5 TH. CWT.
LTD: SOYBEANS, RICE </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 19</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>NWS 6-10 DAY FORECAST 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 20</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>MONTHLY CENSUS CRUSH 7:00 CST
WEEKLY EXPORT SALES 7:30 CST YA AS OF 11/21/96
W: 231.4 MT 8.5 M. BU.
C: 582.9 MT 22.9 M. BU.
SB: 754.2 MT 27.7 M. BU.
SM: 77.0 MT
SO: 14.7 MT
R: 124.1 MT
MONTHLY GRAIN EXPORTS 8:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 21</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>NOPA SOYBEAN CRUSH 7:45 CST YA AS OF 11/13/96 30.146 M. BU.
COMMITMENT OF TRADERS (FUTURES) 2:30 CST FUTURES AND OPTIONS
COMBINED REPORT RELEASED THE FOLLOWING MONDAY
NWS 6-10 DAY FORECAST 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 24</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>EXPORT INSPECTIONS 10:00 CST YA AS OF 11/21/96
W: 16.5 M. BU.
C: 55.6 M. BU.
SB: 32.2 M. BU.
VISIBLE SUPPLY 12:00 CST YA AS OF 11/22/96
W: 0.5 M. BU.
C: 0.2 M. BU.
SB: 5.5 M. BU.
LTD: METALS
NWS 6-10 DAY FORECAST 3:00 CST
CROP PROGRESS 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 25</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>*DELIVERABLE STOCKS 2:00 CST AS OF 10/17/97
W: 27.4 M. BU.
C: 1.4 M. BU.
SB: 6.7 M. BU.
O: 11.8 M. BU.
R: 18.1 TH. CWT. </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 26</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>CBOT GRAIN MARKETS CLOSE AT 12:10 P.M.
NWS 6-10 DAY FORECAST 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 27</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>THANKSGIVING DAY HOLIDAY
C.B.O.T. MARKETS CLOSED </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
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<CAPTION><FONT size=+1><NOBR><B>November 28</B></NOBR></FONT></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>WEEKLY EXPORT SALES 7:30 CST YA AS OF 11/28/96
W: 82.9 MT 3.0 M. BU.
C: 242.8 MT 9.6 M. BU.
SB: 534.4 MT 19.6 M. BU.
SM: -11.2 MT
SO: 15.4 MT
R: 53.8 MT
NOPA SOYBEAN CRUSH 7:45 CST YA AS OF 11/20/96 29.683 M. BU.
LDD: SOYBEANS, RICE, METALS
CBOT GRAIN MARKETS CLOSE AT 12:10 P.M.
NWS 6-10 DAY FORECAST 3:00 CST </PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
<P align=center> </P><!--msthemeseparator-->
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<CAPTION><B>LEGEND</B></CAPTION>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>CST: Central Standard Time Q: Quarter
CDT: Central Daylight Time Mo: Month
FND: First Notice Day YA: Year Ago
FDD: First Delivery Day b: Billion
LTD: Last Trading Day m: Million
LDD: Last Delivery Day th: Thousand
EFF: Effective cwt: Hundred Weight
TAR: Target bu: Bushels
R: Revised MT: Metric Ton</PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>**: Tentative</PRE><!--mstheme--><FONT face=verdana><!--mstheme--></FONT></TD></TR>
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<TD><!--mstheme--><FONT face=verdana><!--mstheme--></FONT><PRE>* Deliverable positions in Chicago,
Toledo/Maumee, St. Louis and Minn.</PRE><!--mstheme--><FONT
face=verdana><!--mstheme--></FONT></TD></TR></TBODY></TABLE></CENTER></DIV>
<P align=center> <B></P>
<P align=center>Calendar Prepared By:</B><BR>Andrew Johnson<BR>(312) 435-3640
</P>
<P align=center> </P><!--msthemeseparator-->
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src="cid:000901bce5cb$2f07e6a0$d8020ccf@xxxx"></P><TEXT=#000000>
<P><FONT size=2></P>
<P>Information provided is taken from sources believed to be reliable but is not
guaranteed as to its accuracy or completeness. The Rules and Regulations of the
Chicago Board of Trade and/or the Mid-America Commodity Exchange should be
consulted as the authoritative source for information, rules and contract
specifications.© 1997 Chicago Board of Trade. ALL RIGHTS RESERVED. </P><!--msthemeseparator-->
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src="cid:000901bce5cb$2f07e6a0$d8020ccf@xxxx"></P><TEXT=#000000>
<P><FONT size=2></P>
<P>* 'Dow Jones<SUP>sm</SUP>', 'The Dow<SUP>sm</SUP>', 'Dow Jones Industrial
Average<SUP>sm</SUP>', and 'DJIA<SUP>sm</SUP>' are service marks of Dow Jones
& Company, Inc. and have been licensed for use for certain purposes by the
Board of Trade of the City of Chicago ('CBOT®'). The CBOT's futures and
futures options contracts based on the Dow Jones Industrial
Average<SUP><B>sm</B></SUP> are not sponsored, endorsed, sold or promoted by Dow
Jones, and Dow Jones makes no representation regarding the advisability of
trading in such product(s). </FONT></FONT></P></FONT></DIV></BODY></HTML>
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