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DTN Closing Grain Comments    11/13 13:49
   Rally Reaches New Highs Thursday as USDA Set to Update Supply, Demand
Estimates on Friday

   Thursday was a day of general strength across row-crop futures with the
soybean complex once again leading the way higher, specifically with another
burst of bullishness in the soybean meal market as prices set new calendar year
highs. With the government shutdown officially ended following President
Trump's signing of the funding bill, and operations set to ramp up again,
Thursday's strength may be a display of optimism that the release of missing
data will support the recent bullish swing in crop prices. Grain and oilseed
markets will receive a big piece of the puzzle on Friday morning when USDA
releases their November supply and demand estimates after six weeks of
relatively few updates from the agency.

Rhett Montgomery
DTN Lead Analyst

GENERAL COMMENTS:

   December corn closed up 6 1/4 cents and March corn was up 6 1/4 cents.
January soybeans closed up 13 1/4 cents and March soybeans were up 12 3/4
cents. December KC wheat closed up 1/4 cents, December Chicago wheat was down
1/4 cents, December MIAX Minneapolis wheat was unchanged.
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