FARM COMMODITIES-TREND ANALYSIS-AUGUST 17/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)              
TRENDS: PRICE; UP YEARLY   OPEN INTEREST: UP WEEKLY               
TRADING: UP DAILY HIGHER LOW UPSIDE TREND OPEN INTEREST FLAT ON TREND  
TARGETS: (379 388 397 406 415) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE

SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: DOWN YEARLY  OPEN INTEREST-DOWN MONTHLY
TRADING: UP NEW LOW DOWNSIDE TREND  OPEN INTEREST FLAT ON TREND
TARGETS: (946 960 975 989 1004) COMMITMENTS OF TRADERS: NET NEUTRAL
 
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)         
TRENDS: PRICE: MONTHLY UP   OPEN INTEREST-DOWN MONTHLY             
TRADING:UP NEW LOW BELOW TREND-OVERSOLD  OPEN INTEREST FLAT ABOVE TREND  
TARGETS: (476 486 496 515 526), COMMITMENTS OF TRADERS: NET DECREASE  

DOLLAR CAD/USD: (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (6810 8047)
TRENDS: PRICE: UP YEARLY  OPEN INTEREST-UP MONTHLY     
TRADING: DOWN NEW HIGH ABOVE TREND  OPEN INTEREST DOWN ON TREND
TARGETS: (7845 7883 7965 8048 8130)  COMMITMENTS OF TRADERS: NET INCREASE