FARM COMMODITIES-TREND ANALYSIS-OCTOBER 16/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADED: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (DEC/17): $0.25/BU, WORLD STOCKS 16/17-226.99/MMT 17/18-200.96/MMT            
TRENDS: PRICE; FLAT WEEKLY-OPEN INTEREST: UP WEEKLY-PRICE RANGE: (325-405) YEARLY           
TRADED FLAT DAY/LOWER CLOSE-OPEN INTEREST-NEED BREAKOUT TO CHANGE DIRECTION  
TARGETS: (343-347) 361 370) 379) NET COMMITMENTS OF TRADERS: MORE VOLATILE

SOYBEANS (NOV/17): $0.70/BU, WORLD STOCKS 16/17 97.78/MMT 17/18-96.05/MMT
TRENDS: PRICE: UP YEARLY-OPEN INTEREST UP WEEKLY-PRICE RANGE: (844-1196) YEARLY
TRADED-FLAT DAY/LOWER CLOSE-OPEN INTEREST-UP HIGH FOR MOVE RESISTANCE@1004
TARGETS: (960 976 (989-1004) 1018) NET COMMITMENTS OF TRADERS: MORE VOLATILE 

WHEAT (DEC/17): $0.45/BU, WORLD STOCKS 16/17-256.58/MMT 17/18-268.13/MMT          
TRENDS: PRICE: UP/MORE YEARLY O/I: DOWN MONTHLY RANGE: (387-575) YEARLY            
TRADED-UP DAY/LOWER CLOSE-OPEN INTEREST-UP SELLING MOVE UP FROM DOWN DRIFT     
TARGETS: (426 (436-446) 466), NET COMMITMENTS OF TRADERS: MORE VOLATILE 

DOLLAR CAD/USD: (SEP/17)  4.00 DAILY LIIMIT
TRENDS: PRICE: DOWN/MORE WEEKLY-O/I: DOWN MONTHLY-PRICE RANGE: (6810-8295)     
TRADED-DOWN DAY/LOWER CLOSE-OPEN INTEREST DOWN  CONTINUES MOVE DOWN
TARGETS: (7883 (7965-8048) 8130 8213) NET COMMITMENTS OF TRADERS: VOLATILE