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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 
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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 
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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 
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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 
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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 
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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 
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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 
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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>&nbsp;</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>&nbsp;<B></P>
<P align=center>Calendar Prepared By:</B><BR>Andrew Johnson<BR>(312) 435-3640 
</P>
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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.&copy; 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 
&amp; Company, Inc. and have been licensed for use for certain purposes by the 
Board of Trade of the City of Chicago ('CBOT&reg;'). 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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