FARM COMMODITIES-TREND ANALYSIS-CLOSE MAY 23/2018 

MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: PRICE DOWN-ON LOWER HIGHS. PRICE UP-ON HIGHER LOWS. 
TRADING: POSITION/LENGTH OF PRICE RANGE. RELATIVE TO MOVES TRENDS TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES RESISTANCE SUPPORT

CORN (JUL/18): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS DOWN 43.63MMT PROJECTED
TRENDS: PRICE UP-OPEN INTEREST/(MAY22) DOWN (NET COVERING)-LONG RANGE (449-325) 
TRADING: MOVE UP-STEADY-ON/UPSIDE TREND INSIDE 401-410-PRICING 
TARGETS: 379 397 415 433 451 COMMITMENTS OF TRADERS-(MAY 15)-NET SELLING SHORT 

SOYBEANS (JUL/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS DOWN 4.10MMT PROJECTED
TRENDS: PRICE UP-OPEN INTEREST (MAY22) DOWN (COVERING)-LONG RANGE (1186-844)
TRADING: MOVE UP-STEADY-ON/UPSIDE TREND INSIDE 1030-1041-PRICING  
TARGETS: 989 1018 1047 1076 COMMITMENTS OF TRADERS-(MAY15)-NET COVERING SHORT 

WHEAT (JUL/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 6.89MMT PROJECTED         
TRENDS: PRICE-UP/MORE-OPEN INTEREST (MAY22) DOWN (NET COVERING)-RANGE-(575-387)            
TRADING: MOVE UP-DECELERATED-ON/DOWNSIDE TREND INSIDE 515-534-PRICING
TARGETS: 485 505 525 544 COMMITMENTS OF TRADERS-(MAY15)-NET SELLING SHORT 

DOLLAR CAD/USD: (JUN/18) DAILY LIMIT $4.00 
TRENDS: PRICE DOWN-OPEN INTEREST (MAY22) UP (NET SELLING SHORT) RANGE (8295-6810)
TRADING: MOVE DOWN-ACCELERATED-ON/DOWNSIDE TREND-INSIDE 7804-7749-NET BUYING
TARGETS: 7931 7840 7749 7657 COMMITMENTS OF TRADERS-(MAY 15)-NET OFFSET FLAT