FARM COMMODITIES-TREND ANALYSIS-AUGUST 23/2017
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 (DEC/17): $0.25/BU, FREE WORLD STOCKS 16/17-127/MMT 17/18-120/MMT            
TRENDS: PRICE; UP YEARLY  OPEN INTEREST: DOWN MONTHLY  PRICE RANGE: (325-405) YEARLY           
TRADING: WEEKLY DOWN/MORE MIXED TESTED/CLOSED BELOW TREND+361 O/I UP ABOVE TREND  
TARGETS: (350 (361-370) 379 388 397) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE

SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-78/MMT 17/18-79/MMT
TRENDS: PRICE: UP YEARLY OPEN INTEREST-DOWN/LESS MONTHLY PRICE RANGE: (1196-910) YEARLY
TRADING: WEEKLY UP TURNING TO MIXED ABOVE TREND MET RESISTANCE@946  O/I UP BELOW TREND
TARGETS: (916 (931-938) 946 960) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE
 
WHEAT (DEC/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-137/MMT          
TRENDS: PRICE: UP/LESS YEARLY OPEN INTEREST-DOWN MONTHLY RANGE: (390-910) YEARLY            
TRADING: WEEKLY DOWN/LESS SELLING ABOVE TREND+426 OPEN INTEREST UP ABOVE TREND  
TARGETS: (417 426-436)-446 456 466), COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASE  

DOLLAR CAD/USD: (SEP/17)  4.00 DAILY LIIMIT,  
TRENDS: PRICE: UP MONTHLY  OPEN INTEREST-DOWN MONTHLY   PRICE RANGE: (6810-8047) YEARLY     
TRADING: FLAT BUYING ABOVE TREND RESISTANCE/CLOSED@7965 OPEN INTEREST FLAT BELOW TREND
TARGETS: (7845 7883 (7925-7965) 8006) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE