FARM COMMODITIES-TREND ANALYSIS-CLOSE APR 12/2018

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.WORLD ENDING STOCKS PROJECTED DOWN 1.34 MMT            
TRENDS: PRICE-UP.OPEN INTEREST-UP/PARALLEL-BELOW TREND.RANGE-YEARLY-(325-449)           
TRADING: PRICE FLAT.MOVE UP.BELOW TREND.SUPPORT@385.LOST MOMENTUM.BUYING
TARGETS: (379 397) 415 433).COMMITMENTS.NON COMMERCIAL MORE NET LONG 

SOYBEANS (MAY/18): $0.70/BU,WORLD ENDING STOCKS PROJECTED DOWN 3.60 MMT
TRENDS: PRICE-UP.OPEN INTEREST-UP/BELOW CLOSER TO TREND.RANGE-YEARLY-(844-1186)
TRADING: PRICE UP.MOVE UP.ABOVE TREND.RESISTANCE@1062.GAINED MOMENTUM.BUYING
TARGETS: (989 (1018 1030 1047) 1076).COMMITMENTS.NON COMMERCIAL MORE NET LONG 

WHEAT (MAY/18): $0.45/BU.WORLD ENDING STOCKS PROJECTED UP 2,33 MMT         
TRENDS: PRICE-UP.OPEN INTEREST-DOWN/BELOW TREND.RANGE-YEARLY(387-575)            
TRADING: PRICE DOWN.MOVE DOWN.ABOVE TREND.SUPPORT@476.STEADY.NET BUYING.
TARGETS: (446 466) 485 505).COMMITMENTS-NON COMMERCIAL MORE NET SHORT. 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE-DOWN/REVISING LESS SO. OPEN INTEREST-DOWN.RANGE-YEARLY-(6810-8295)
TRADING: PRICE FLAT.MOVE UP.ABOVE TREND.RESISTANCE@7965.LOST MOMENTUM.NET SELLING
TARGETS: (7800 7856 7883 7965 8002).COMMITMENTS.NON REPORTABLE LESS NET SHORT.