FARM COMMODITIES-TREND ANALYSIS-NOVEMBER 2/2017
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: DOWN MONTHLY, OPEN INTEREST: UP WEEKLY, PRICE RANGE: (325-405)           
TRADED: UP  TESTED/CLOSED ABOVE TREND UPSIDE 347 (OPEN INTEREST-UP/MORE)   
TARGETS: (343 (347-361) 370 379) INVESTORS: MORE SHORT, HEDGERS: MORE LONG

SOYBEANS (JAN/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: MOVE UP, 3RD DAY, ABOVE TREND, NEXT RESISTANCE@1004, (OPEN INTEREST-UP)
TARGETS: (989-1004) 1018 1033 1047) INVESTORS: LESS LONG, HEDGERS: LESS SHORT 

WHEAT (DEC/17): $0.45/BU, WORLD STOCKS 16/17-256.58/MMT 17/18-268.13/MMT          
TRENDS: PRICE: DOWN WEEKLY OPEN INTEREST: UP WEEKLY, RANGE: (387-575) YEARLY            
TRADED-UP TAKEOFF, TESTED/CLOSED AT TREND AND 426, (OPEN INTEREST-UP/MORE)     
TARGETS: (407 (416-426) 436 446), INVESTORS: STEADY SHORT. HEDGERS: STEADY LONG 

DOLLAR CAD/USD: (SEP/17)  4.00 DAILY LIIMIT
TRENDS: PRICE: DOWN WEEKLY-OPEN INTEREST: DOWN DAILY, PRICE RANGE: (6810-8295)    
TRADED: UP TAKEOFF UPSIDE TREND, ABOVE 7749, RESISTANCE@7800 (OPEN INTEREST-UP)
TARGETS: (7657 (7749-7800-7840) 7931) INVESTORS: STEADY LONG, HEDGERS: LESS SHORT