FARM COMMODITIES-TREND ANALYSIS-CLOSE MAR 07/2018
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: MOVE DOWN-ON LOWER HIGHS.MOVE 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 (MAY/18): $0.25/BU, PROJECTED WORLD ENDING STOCKS DOWN 3.48 MMT            
TRENDS: MOVE UP(MODERATE).OPEN INTEREST-UP(STRONG).YEARLY RANGE-(325-449)           
TRADING: MOVE UP.TOP.ABOVE TREND.@388RESISTANCE.NET SELLING.LOSING MOMENTUM                
TARGETS: (379 (383 388) 392 397) COMMITMENTS: MOMENTUM-NON COMMERCIALS COVERED
 
SOYBEANS (MAY/18): $0.70/BU, PROJECTED WORLD ENDING STOCKS DOWN O.43 MMT
TRENDS: MOVE UP.(LESS), OPEN INTEREST-UP(MODERATE).YEARLY RANGE-(844-1186)
TRADING: MOVE DOWN.NET SELLING.ABOVE TREND.TESTED 1064 SUPPORT.GAINED MOMENTUM  
TARGETS (MAJOR): (1047 1076 1105) COMMITMENTS: MOMENTUM-COMMERCIALS LIQUIDATED

WHEAT (MAY/18): $0.45/BU, PROJECTED WORLD ENDING STOCKS DOWN 1.92 MMT          
TRENDS: MOVE UP.(LESS). OPEN INTEREST-UP@TREND, YEARLY RANGE-(387-575)            
TRADING: MOVE FLAT.NET SELLING.BESIDE TREND.SUPPORT@495(MINOR).STEADY      
TARGETS (MAJOR): (485 505 525 545), COMMITMENTS: MOMENTUM-NON COMMERCIALS COVERED

DOLLAR CAD/USD: (MAR/18)  4.00 DAILY LIMIT                                
TRENDS: MOVE DOWN(MORE STEEP). OPEN INTEREST-FLAT@TREND. YEARLY RANGE-(6810-8295)
TRADING: MOVE FLAT.ON TREND.NET BUYING@7703(MINOR)SUPPORT.STEADY. 
TARGETS (MAJOR) ((7749 7657) 7566 7476). COMMITMENTS: MOMENTUM-COMMERCIALS COVERED