CHART OF THE DAY - Thomson Reuters

CHART OF THE DAY

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INSIDE AGRICULTURE May 23, 2017

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MARKET NEWS

Chicago corn futures ticked lower as the market took a breather after climbing to a three-week high in the last

session on concerns over wet weather delaying U.S. planting. Raw sugar futures on ICE rose to a four-week high

on Monday as recent rain delays to the harvest in top producer Brazil spurred buying of the nearby

contracts.Malaysian palm oil futures declined and were headed for their first drop in three sessions, weighed

down by a stronger ringgit MYR= and forecasts of rising production.

EVENTS SCHEDULED FOR THE DAY (GMT)

0800 DE Ifo business climate for May: Expected 113.1; Prior 112.9

0800 EZ Markit manufacturing PMI flash for May: Expected 56.5; Prior 56.7

1345 U.S. Markit manufacturing PMI flash for May: Expected 53.0; Prior 52.8

1400 U.S. New home sales-Units for Apr: Expected 0.610 mln; Prior 0.621 mln

TECHNICAL CHARTS

CBOT Corn | CBOT Wheat | CBOT Soy | CBOT Soy Meal | ICE Cocoa | ICE Coffee

INSIDE AGRICULTURE May 23, 2017