FARM COMMODITIES-TREND ANALYSIS-SEPTEMBER 6/2017

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: UP BUYING BELOW TREND-RESISTANCE@361  OPEN INTEREST UP BELOW TREND  
TARGETS: (325 (343-361) 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 ABOVE TREND+RESISTANCE@974 OPEN/INTEREST UP BELOW TREND
TARGETS: (844/931-(960-974) 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/I: DOWN MONTHLY RANGE: (387-575) YEARLY            
TRADING: FLAT DOWNSIDE TREND+426 OPEN INTEREST FLAT ABOVE 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: (6810-8245) YEARLY     
TRADING: UP-ABOVE TREND UPSIDE OLD WEEKLY HIGH/8048  O/I FLAT ABOVE TREND
TARGETS: (6810/(8048-8130-8213) COMMITMENTS-TRADERS: LAST REPORT-NET NEUTRAL