FARM COMMODITIES-TREND ANALYSIS-MAR 01/2018
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 (MAY/18): $0.25/BU, PROJECTED WORLD ENDING STOCKS DOWN 3.48 MMT            
TRENDS: PRICE-UP, OPEN INTEREST-UP, PRICE RANGE-YEARLY-(325-449)           
TRADING: UP/NET BUYING, ABOVE/PARALLEL TO TREND, CLOSED BELOW 388, STEADY                
TARGETS: (379 383 388) 392 397) COMMITMENTS: UP, NON COMMERCIALS MORE NET LONG
 
SOYBEANS (MAY/18): $0.70/BU, PROJECTED WORLD ENDING STOCKS DOWN O.43 MMT
TRENDS: PRICE-UP/(STEEP), OPEN INTEREST-DOWN/FLAT, PRICE RANGE, YEARLY-(844-1186)
TRADING: UP/BUYING (SPIKING),  HIGHER ABOVE TREND, CLOSED@DAILY HIGH, ACCELERATED  
TARGETS: (1047 1076 1105 MAJOR) COMMITMENTS: UP, NON COMMERCIALS, MORE NET LONG,

WHEAT (MAY/18): $0.45/BU, PROJECTED WORLD ENDING STOCKS DOWN 1.92 MMT          
TRENDS: PRICE-UP, OPEN INTEREST-DOWN/FLAT, RANGE-(387-575) YEARLY            
TRADING: UP/BUYING (SPIKING), HIGHER ABOVE TREND, CLOSED@DAILY HIGH, ACCELERATED      
TARGETS: (485 505 525 545 MAJOR), COMMITMENTS: COMMERCIALS, MORE NET LONG, COVERING

DOLLAR CAD/USD: (MAR/18)  4.00 DAILY LIMIT                                
TRENDS: PRICE-DOWN. OPEN INTEREST-FLAT. PRICE RANGE-(6810-8295) YEARLY
TRADING: BREAKOUT DOWN/SELLING, BELOW NEW TREND/REVISED, MET SUPPORT ABOVE 7749 
TARGETS: (7749 7800 7883) 7924). COMMITMENTS: NON COMMERCIALS, LESS NET LONG, SELLING