Tuesday, September 05, 2017



FARM COMMODITIES-TREND ANALYSIS-SEPTEMBER 5/2017
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  O/I: DOWN MONTHLY  PRICE RANGE: (325-405) YEARLY           
TRADING: FLAT UNDER TREND RESISTANCE@361  OPEN INTEREST UP UNDER TREND
  
TARGETS: (325 (347-361) 380)  COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS 16/17-78/MMT 17/18-79/MMT
TRENDS: PRICE: MORE YEARLY O/I-DOWN MONTHLY PRICE RANGE: (844-1196) YEARLY
TRADING: UP WEEKLY THROUGH TREND+RESISTANCE@974 O/I UP UNDER TREND
TARGETS: (844/(931-960) 989 ) COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASE

 

WHEAT (DEC/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-137/MMT          
TRENDS: PRICE: UP/MORE YEARLY O/-DOWN MONTHLY RANGE: (387-575) YEARLY            
TRADING: UP DAILY DOWNSIDE TREND +426 OPEN INTEREST FLAT OVER TREND  
TARGETS: (387/(426-446) 466
), COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL  

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  

TRENDS: PRICE: UP MONTHLY  O/I-DOWN MONTHLY   PRICE RANGE: (6810-8047) YEARLY     
TRADING: FLAT-DAILY OVER TREND RESISTANCE AT 8088  O/I UP THROUGH TREND
TARGETS: (6810/ (8048-8088 8130) COMMITMENTS-TRADERS: LAST REPORT-NET NEUTRAL 

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