FARM COMMODITIES-TREND ANALYSIS-NOVEMBER27/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO MOVES,TRENDS,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (DEC/17): $0.25/BU, WORLD ENDING PROJECTED STOCKS UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY. OPEN INTEREST: DOWN DAILY. PRICE RANGE: (325-405)           
TRADING: MOVE DOWN. LOWER HIGH/CLOSE. UPSIDE TREND DOWNSIDE 343. OPEN INTEREST DOWN   
TARGETS: (325 (343-352) 361 379), COMMITMENTS:: HEDGER-INVESTOR NET SPREAD: BEARISH
 
SOYBEANS (JAN/18): $0.70/BU, WORLD ENDING PROJECTED STOCKS UP 1.85/MMT
TRENDS: PRICE: UP/REVISED UP. OPEN INTEREST UP WEEKLY, PRICE RANGE (844-1196) YEARLY
TRADING: MOVE UP, FLAT OUTSIDE DAY. ON TREND. SUPPORT@989 OPEN INTEREST UP
TARGETS: (975 (989-1004) 1018), COMMITMENTS: HEDGER-INVESTOR NET SPREAD: NEUTRAL

WHEAT (DEC/17): $0.45/BU, WORLD ENDING PROJECTED STOCKS DOWN 0.8O/MMT          
TRENDS: PRICE: DOWN/LESS WEEKLY. OPEN INTEREST: UP WEEKLY. RANGE: (387-575) YEARLY            
TRADING: MOVE DOWN. BELOW TREND/416. NEED LOWER CLOSE FOR BREAKOUT. OPEN INT DOWN     
TARGETS: (407 (416-426) 446 466), COMMITMENTS: HEDGER-INVESTOR NET SPREAD: NEUTRAL

DOLLAR CAD/USD: (DEC/17)  4.00 DAILY LIIMIT
TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: DOWN DAY, IN FLAT MOVE ABOVE 7749 LOW. ABOVE TREND.TOP@7883. OPEN INTEREST-UP
TARGETS: (7800 (7840-7883-7931) 8022) COMMITMENTS: HEDGER-INVESTOR NET SPREAD: NEUTRAL