November 19, 2018 Brad Olson Grain Marketing Specialist Corn: As of 7:45- 1 lower Corn continues to trade range bound as harvest nears the finish line. Harvest progress expected to be around the 90% complete mark, slightly below the 5 yr ave of 93%. Demand remains good for both ethanol and exports. Starting to hear some healthy acreage numbers for 2019. Dec 19 corn still trading, give or take, a few cents of $4…. It’s not too early to be looking at 2019. Technically this mark looks a bit weak with momentum indicators bearish as we work into this holiday week. Soybeans: As of 7:45- 7 lower Trade talks or lack thereof remain front and center. At the end of the day 900+ ending stocks is substantial. Harvest pace expected to be at 93% below the 5 yr ave of 97%. Producers responded to the market dynamic holding more beans on the farm than ever before. Look out when these beans decide to move.... Technically momentum indicators have yet to flip over as we continue to trade in a range. Wheat: As of 7:45- 2 to 3 lower The wheat complex continues to trade at or around recent lows as we look for viable markets for US wheat. Export inspections released at 10am cst. Winter wheat planting expected to basically to wrapped up. Technically momentum looks weak at the start of this holiday week.