Corn.(AGRICULTURAL MARKETS)

Commodity Price Charts, November, 2005 by Roberts, Edward

December is nearing support between the 12/04 monthly low at 1.91 and the breakout projection of its Jun/Aug H&S top pattern, right near 1.89 1/2. CC below those levels targets monthly support at 1.84 (6/01). CC above initial resistance at the Sep/Oct DTL (2.05 1/4-2.04 3/4), drawn off the 9/12 high, targets closing resistance at the Sep gap of 2.15 3/4. Note the USDA projected '05-'06 ending stocks at 2.32B bu., which was roughly in line with the average trade estimate of 2.28B bu.

SYMBOL=CZ

DEC.05 CORN (CBOT)

Each Horizontal Line = 2 1/2 Cents

1Cent = $50 Minimum Move: 1/4 Cent

FND: 11-30-05 LTD: 12-14-05

OPTIONS EXPIRE: 11-22-05

High Low

04/08/04 11/11/05

2884 1932

14-DAY...

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