FARM COMMODITIES-TREND ANALYSIS-JANUARY 04/2018
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TRENDS,TARGETS MOVES
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (MAR/18): $0.25/BU, WORLD ENDING PROJECTED STOCKS UP 0.22/MMT            
TRENDS: PRICE: DOWN (GRADUAL). OPEN INTEREST: UP PRICE RANGE YEARLY: (405-325)           
TRADING: DOWN GAINED MOMENTUM SUPPORT@351 PREVAILS AGAIN ABOVE TREND   
TARGETS: 361 (356-351) 347), COMMITMENTS OF TRADERS: INVESTOR COVERING
 
SOYBEANS (MAR/18): $0.70/BU, WORLD ENDING PROJECTED STOCKS UP 0.62/MMT
TRENDS: PRICE: DOWN (STEEP). OPEN INTEREST: UP, PRICE RANGE YEARLY: (1186-844)
TRADING: UP GAINED MOMENTUM SUPPORT@960 PREVAILS AGAIN UPSIDE TREND
TARGETS: (976 (971-965) 960), COMMITMENTS OF TRADERS: HEDGER COVERING 

WHEAT (MAR/18): $0.45/BU, WORLD ENDING PROJECTED STOCKS DOWN 0.89/MMT          
TRENDS: PRICE: DOWN (FINAL REVISED) OPEN INTEREST: FLAT. RANGE: (575)-387 YEARLY            
TRADING: DOWN FLAT MOMENTUM RESISTANCE@436 ABOVE TREND NO BREAKOUT UP      
TARGETS: (455 (436-426) 416), COMMITMENTS OF TRADERS: INVESTOR LIQUIDATION

DOLLAR CAD/USD: (MAR/18 NEW)  4.00 DAILY LIMIT                                
TRENDS: PRICE: UP (STEEP). OPEN INTEREST: UP-FLAT. PRICE RANGE: (6810-8295) YEARLY
TRADING: UP GAINED MOMENTUM CLOSE ABOVE 8003 BELOW TREND TESTING RESISTANCE 
TARGETS: (7837 (7925-8003) 8101. COMMITMENTS OF TRADERS: HEDGER LIQUIDATION