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WHEAT
General Comments: Wheat closed lower yesterday as the USDA weekly export inspections report showed stable demand. Better export sales are now anticipated due to price weakness seen currently. USDA released its Winter Concerns on the condition of the Winter Wheat crops moving forward are growing as there is little snow cover and some very cold temperatures seen over the weekend that could create Winterkill.
Chart Analysis: Trends in Chicago are mixed. Support is at 500, 494, and 488 March, with resistance at 533, 536, and 545 March. Trends in Kansas City are mixed. Support is at 508, 503, and 499 March, with resistance at 544, 545, and 550 March. Trends in Minneapolis are not available.

RICE
General Comments: Rice was higher yesterday and chat trends are now up on the daily reports. The market might have finished a bottom formation on the daily and weekly charts. Ides of less US and world production in the coming year are starting to support prices after extended price weakness. Weaker world prices are expected by the FAO in the coming year. Trends are turning up in the market.
Chart Analysis: Trends are up. Support is at 1030, 1002, and 996 March and resistance is at 1110, 1125, and 1145 March.

CORN AND OATS
General Comments: Corn was a little lower after opening higher. USDA showed very strong sales last week, but futures are not able to hold rallies to well due to the bigger crop sizes despite the strong demand. Temperatures in the Midwest should average near to below normal. Oats were higher.
Overnight News: Unknown destinations bought 119,999 tons of US Con and 306,000 tons of US Sorghum.
Chart Analysis: Trends in Corn are down. Support is at 417, 414, and 411 March, and resistance is at 433, 445, and 453 March. Trends in Oats are mixed to up. Support is at 284, 278, and 27\5 March, and resistance is at 317, 320, and 326 March.

SOYBEANS
General Comments: Soybeans and the products were higher yesterday. The weekly export sales report showed very strong sales. It seems that the market is now more concerned about big supplies coming soon from South America with the Soybeans harvest there now underway. US prices are currently too high to complete many new sales anywhere in the world market except Canada and Mexico. Temperatures will average near to below normal in the Midwest.
Analysis: Trends in Soybeans are mixed. Support is at 1058, 1049, and 1038 March, and resistance is at 1076, 1082, and 1086 January. Trends in Soybean Meal are mixed. Support is at 286.00, 283.00, and 280.00 March, and resistance is at 302.00, 307.00, and 311.00 March. Trends in Soybean Oil are up. Support is at 5330, 5250, and 5190 March, with resistance at 5470, 5530, and 5590 March.

PALM OIL AND CANOLA
General Comments: Palm Oil futures were higher today on idea of increasing seasonal demand. There are still ideas of increasing production. Demand ideas are in a state of flux right now with some looking for weaker demand and other looking for improved demand. Canola was lower yesterday on profit taking and despite strong demand ideas. Canada and China reached agreement on a new trade deal which is expected to result in part in new sales of Canola to China. There are ideas of a big Soybeans harvest coming from South America.
Chart Analysis: Trends in Canola are mixed. Support is at 638.00, 634.00, and 623.00 March, with resistance at 656.00, 663.00, and 668.00 March. Trends in Palm Oil are mixed. Support is at 4200, 4150, and 4070 April, with resistance at 4350, 4420, and 4540 April.

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