FARM COMMODITIES-TREND ANALYSIS-OCTOBER 23/2017
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 INSIDE 361-343-OPEN INTEREST: UP WEEKLY, PRICE RANGE: (325-405)           
TRADED: REVERSAL UP (OPEN INTEREST-UP)  UP FROM BOTTOM OF TREND@343  
TARGETS: (343-347-361) 370 379) INVESTORS: STEADY SHORT, HEDGERS: STEADY LONG

SOYBEANS (NOV/17): $0.70/BU, WORLD STOCKS 16/17 97.78/MMT 17/18-96.05/MMT
TRENDS: PRICE: UP MONTHLY-OPEN INTEREST UP MONTHLY, PRICE RANGE: (844-1196) YEARLY
TRADED: DOWN DAY (OPEN INTEREST-UP) DOWN TO 976 SUPPORT APPROACHING TREND
TARGETS: (960 (976-982) 989 1004 1018) INVESTORS: MORE LONG, HEDGERS: MORE SHORT 

WHEAT (DEC/17): $0.45/BU, WORLD STOCKS 16/17-256.58/MMT 17/18-268.13/MMT          
TRENDS: PRICE: UP YEARLY OPEN INTEREST: UP WEEKLY, RANGE: (387-575) YEARLY            
TRADED-REVERSAL UP (OPEN INTEREST-UP) UP BELOW TREND FROM BOTTOM @426     
TARGETS: (426-436) 446 466), INVESTORS: MORE SHORT. HEDGERS: MORE LONG 

DOLLAR CAD/USD: (SEP/17)  4.00 DAILY LIIMIT
TRENDS: PRICE: DOWN WEEKLY-OPEN INTEREST: FLAT WEEKLY, PRICE RANGE: (6810-8295)    
TRADED-DOWN DAY (OPEN INTEREST UP) CLOSED LOWER, NO BREAKOUT RANGE TOO NARROW
TARGETS: (7883-7925) 7965 8048) INVESTORS: STEADY LONG, HEDGERS: STEADY SHORT