FARM COMMODITIES-TREND ANALYSIS-AUGUST 08/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (DEC/17): $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)              
TRENDS: PRICE; UP YEARLY   OPEN INTEREST: DOWN DAILY               
TRADING: UP SELLING ABOVE TREND 388/RESISTANCE  OPEN INTEREST DOWN ON TREND  
TARGETS: (379 388 397 406 415) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE

SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: DOWN YEARLY  OPEN INTEREST-DOWN MONTHLY
TRADING: UP NET  SELLING ON TREND 975/RESISTANCE  OPEN INTEREST DOWN UPSIDE TREND
TARGETS: (946 960 975 989 1004) COMMITMENTS OF TRADERS: NET NEUTRAL
 
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)         
TRENDS: PRICE: MONTHLY UP   OPEN INTEREST-DOWN MONTHLY             
TRADING:UP SELLING BELOW TREND 466/RESISTANCE  OPEN INTEREST DOWN ABOVE TREND  
TARGETS: (456 466 476 486 496), COMMITMENTS OF TRADERS: NET DECREASE  

DOLLAR CAD/USD: (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (6810 8047)
TRENDS: PRICE: UP YEARLY/REVISED UP  OPEN INTEREST-UP MONTHLY/REVISED LOWER     
TRADING: FLAT NET BUYING ABOVE TREND 7883/SUPPORT  OPEN INTEREST DOWN ABOVE TREND
TARGETS: (7845 7883 7965 8048 8130)  COMMITMENTS OF TRADERS: NET INCREASE