BASIC & RECENT MARKET INFO

March Wheat - Steady to 0.50 Higher March Corn - Steady March Bean Oil - 0.50 Higher March Beans - 0.75 Higher to 0.50 Lower Review for Wednesday's trade, new numbers for tomorrow. February Crude Oil marked its low 14 cents below the 56.00 support level, after selling off about 1.30 bucks from the high. support - 56.70, 55.80 resistance - 58.85-58.95 - breakout higher point, 59.65, 60.40 March Soybeans marked the high price 2.50 cents above the 1068.00 resistance number, afte

An annual trading summary by Wright on the Market’s Eugene  While the markets are on holidays it is becoming a tradition to make a recap of our trading experience to share our growth from rookie to hopefully successful life-long futures traders. Five years ago Nick and I joined Wright on the Market. I began trading futures three years ago in January with $10,000 of joint capital. You can read previous annual entries in our blog . The goal was to enhance Nick’s and my market e

Mar Wheat - Steady Mar Corn - 1.00 Higher to 1.00 Lower Mar Bean Oil - Steady to 0.01 Lower Mar Beans - Steady to 0.50 Lower February Crude Oil marked its high price just 3 ticks shy of the 58.90 resistance level, then sold off about 2.05 bucks, to in between the 2 stated support numbers. support - 56.30, 56.00, 55.60 resistance - 57.70, 58.45 March Soybeans marked the high price 1 tick above the 1068.50 resistance number, then proceeded to sell down about 13.00 cents to a fe

Mar Wheat - 0.50 Higher Mar Corn - 0.50 to 1.00 Lower Mar Bean Oil - 0.02 Lower Mar Beans - Steady to 1.00 Lower February Crude Oil marked its Low price 14 cents below the 56.45 support level in overnight trade, then rallied about 2.20 bucks into the afternoon. support - 57.50, 56.30 resistance - 58.90, 59.65, 60.30 March Soybeans marked the high price 2.50 cents above the 1060.50 resistance number, after a rally of about 18.00 cents from the opening/low print. support - 1052

Mar Wheat - Steady to 0.50 Higher Mar Corn - Steady to 1.00 Lower Mar Bean Oil - 0.05 Higher Mar Beans - 0.75 Higher to 0.75 Lower Crude price - 57.43, up 0.11 S&P price - 6906.50, up 6.00 Soybeans: China has two classes of soybeans. Number 1 soybeans are soybeans produced in China. Number 2 soybeans are imported soybeans. That is the only difference. When the government offers government owned grain and beans for public auction, the commodities offered for bids are always i

February Crude Oil marked its low price 5 cents below the 56.65 support level, after selling off about 1.30 Dollars from the overnight high print. support - 56.45, 56.08 resistance - 58.00, 58.75 March Soybeans marked the low price 3.00 cents below the 1041 bracket support number, then rallied almost 9.00 cents into the close. support - 1038.00, 1029.00 resistance - 1060.50, 1068.00 March Corn marked its low price 1.00 cent below the 438.00 support point, after moving down ab

February Crude Oil marked its high price 5 cents below the 58.60 bracket resistance level, then sold off about 1.35 bucks, moving down about 40 cents below first support. support - 56.65, 55.75 resistance - 58.90-59.15, 59.60 March Soybeans marked the low price at the stated 1047.00 bracket support level, after a sell off of about 17.00 cents from the open/high price. support - 1043.50-1041.00, 1029.00 resistance - 1060.50, 1065.00 March Corn marked its low price 3 ticks belo

Mar Wheat - 0.50 Lower Mar Corn - Steady to 1.00 Lower Mar Bean Oil - Steady to 0.05 Lower Mar Beans - 0.75 to 1.50 Lower February Crude Oil traded in a smaller 85-90 cent range, remaining in between support and resistance. support - 57.60, 56.65 resistance - 58.60-58.90, 59.30 March Soybeans marked the low price at the stated lower bracket support level of 1060.75, after selling off about 7.00 cents from the overnight high print. support - 1057.25, 1047.00-1045.00 resistance

Mar Wheat - Steady Mar Corn - Steady to 0.25 Lower Mar Bean Oil - 0.01 to 0.02 Lower Mar Beans - Steady to 0.75 Lower February Crude Oil marked its high price 30 cents above the stated 58.00 resistance level, after a rally of about 1.40 bucks from the evening opening bell/low price. support - 57.50-57.305, 56.30 resistance - 58.90-59.15, 59.65 March Soybeans marked the low price 2 ticks above the 1062.50 support number, after selling off about 14.50 cents from the open/low pr

Mar Wheat - 1.25 Higher Mar Corn - Steady Mar Bean Oil - 0.01 Higher Mar Beans - Steady to 0.50 Lower Crude price - 57.18, up 0.44 S&P price - 6979.00, down 0.25 Wheat: Hard wheat is used for bread and soft wheat is used for pastries. When one chews a small handful of wheat, within a matter of minutes, a wad of gum is left in one's mouth. That is a protein called gluten. Hard wheat has a higher gluten content than soft wheat. That is why cookies and cake have more crumbs than

February Crude Oil marked its low price 25 cents below the 56.90 support level, after selling off about 2.20 bucks from the morning high print. support - 56.40, 56.10, 55.60 resistance - 57.40, 58.00 March Soybeans marked the high price 4.00 cents below the 1086.50 resistance level, then sold off about 12.00 cents from the morning high print. support - 1068.00, 1062.50 resistance - 1083.00-1086.00, 1092.00 March Corn marked its high price 3 ticks above the 452.25 resistance n

February Crude Oil traded in a small 65 cent range while remaining in between all resistance and support levels - energy building day. support - 57.75, 56.90 resistance - 58.75, 59.05-59.15, 59.65 January Soybeans marked the high price 2.75 cents above the 1062.00 resistance number, after rallying about 13.75 cents from the open/low price. At the very least, beans have begun an up correction. March support - 1068.50, 1062.25 March resistance - 1086.50-1088.00, 1093.25 March C

Mar Wheat - 1.50 Higher Mar Corn - Steady to 1.00 Lower Mar Bean Oil - 0.09 Higher Jan Beans - 0.50 Higher to 0.50 Lower Roll to Mar Beans on Friday - Options expiry February Crude Oil marked its high price 31 cents past the 58.20 resistance level, after rallying about 80 cents from the low price print. The odds are better for crude to make it up to the next resistance node at 59.05. support - 57.75, 56.90 resistance - 59.05-59.15, 59.65, 60.30 January Soybeans marked the low

Mar Wheat - 0.50 Lower Mar Corn - Steady to 0.75 Lower Mar Bean Oil - Steady Jan Beans - 0.50 to 1.25 Lower February Crude Oil marked its high price 7 cents below the 58.20 resistance level, after rallying about 1.15 Dollars from last evenings open/low price print. support - 57.50, 56.90, 56.40 resistance - 58.20, 59.05 January Soybeans marked the high price 1.00 cent above the 1055.00 resistance number, after a rally of about 8.00 cents from near the open/low print. support

World Free-On-Board Grain & Oilseed Prices for December 20, 2025

Mar Wheat - Steady Mar Corn - Steady to 0.75 Lower Mar Bean Oil - Steady Jan Beans - 0.50 Lower Crude price - 56.88, up 0.36 S&P price - 6798.00, up 19.75 Soybeans: At 370 million tons, soybeans are the world’s seventh largest agricultural product and a powerhouse crop, used for food, animal feed, and industrial applications. Brazil, the U.S., and Argentina dominate global production by far with a Paraguay and distant fourth place producer of soybeans. Henry Ford was the man

February Crude Oil marked its low price 14 cents below the 55.75 support level, then rallied about 1.10 bucks to the afternoon high price print. support - 56.05, 55.60, 55.00 resistance - 56.90, 57.80, 58.20 January Soybeans marked the low price 2.50 cents above the 1044.50 support number, after selling off about 7.00 cents from the morning high print. support - 1044.50-1042.50, 1037.50 resistance - 1055.00, 1061.00 March Corn marked its low price 2 ticks below the 443.00 sup

Mar Wheat - 0.25 Lower Mar Corn - 0.50 Lower Mar Bean Oil - 0.05 Lower Jan Beans - Steady to 1.50 Lower February Crude Oil marked its low price 2 ticks below the 55.75 bracket support level, after selling off about 1.10 Dollars from the evening high price. support - 55.75 - breakdown below, 54.89 resistance - 56.50, 56.85, 57.25 January Soybeans marked the low price 2.00 cents below the 1053.00 stated support number after selling down about 9.00 cents from the evening high pr

Mar Wheat - Steady Mar Corn - 0.25 Higher to 1.00 Lower Mar Bean Oil - 0.01 Higher Jan Beans - 0.25 Higher to 0.25 Lower February Crude Oil marked its high price near the next swing high to the left. The 56.81 high was 8 cents above that next resistance level. Price action was very up and down because of all the swing highs to the left. support - 55.75-55.60, 54.95 - new lows on the daily chart, beyond this. resistance - 57.25, 57.65, 58.00 January Soybeans marked the low pri

Mar Wheat - Steady Mar Corn - Steady to 0.50 Lower Mar Bean Oil - Steady to 0.04 Higher Jan Beans - Steady to 0.75 Lower February Crude Oil accelerated to the downside, and is targeting an old low/support price at 54.70. The move today was down over 1.50 bucks from last night's high to near the pit time closure. support - 54.70, 51.64 - weekly support resistance - 55.50, 55.90, 56.40 January Soybeans marked the low price 2.50 cents below the 1062.00 stated support level, afte