FARM COMMODITIES-TREND ANALYSIS-NOVEMBER 7/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: POSITION OF PRICE RANGE, PREVAILING STRENGTH,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)           
TRADING: FLAT/MONTHLY, HEDGING, ON TREND, ON 347/SUPPORT, (OPEN INTEREST-DOWN)   
TARGETS: (343 (347-361) 370 379, COMMITMENTS: COMMERCIALS: MORE NET 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
TRADING: UP DAY, MOVE UP, BUYING ABOVE TREND/989, (OPEN INTEREST-FLAT)
TARGETS: (989-1004) 1018 1033), COMMITMENTS: COMMERCIALS: MORE NET 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            
TRADING: CORRECTION IN MOVE UP, ABOVE TREND, CLOSED ABOVE 426, (OPEN INTEREST-DOWN)     
TARGETS: (407 416 (426-436) 446), COMMITMENTS: COMMERCIALS: MORE NET LONG 

DOLLAR CAD/USD: (DEC/17)  4.00 DAILY LIIMIT
TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: VIRTUAL REVERSAL, BELOW TREND, 7840/RESISTANCE, (OPEN INTEREST-DOWN/LESS)
TARGETS: (7749 (7800-7840) 7931) COMMITMENTS: COMMERCIALS: LESS NET SHORT