Tech Guy Commentary & Numbers 9/18/25

November Crude Oil marked its high 20 cents below the 64.40 resistance level, then sold off almost 1.20 from the high to the low.

support - 62.60, 62.20

resistance - 64.20, 65.10

November Soybeans marked the low in between the 2 stated support prices of 1040.00 and 1028.00, while losing 5.00 cents and closing at 1038.75 for the day.

support - 1035.00, 1028.00

resistance - 1043.00, 1053.00

December Corn marked its low 2 ticks beneath the 424.00 bracket support number, after selling off about 3.75 cents from the high to the low.

support - 423.50, 421.50

resistance - 428.00, 432.00

December SRW Wheat marked its low 2.00 cents below the 525.00 support level, after selling off about about a dime from the high to the low.

support - 522.50, 520.00, 515.00

resistance - 532.50, 536.00, 540.00

December HRW Wheat marked its low 1.50 cents below the 510.00 support number, after selling off also about a dime from the high to the low price print.

support - 508.50, 504.00

resistance - 518.50, 524.00

December Spring Wheat marked its low 3 ticks below the 572.00 support price, in what was a very small range day that closed down 2.25 cents to 571.75.

support - 570.00, 565.00

resistance - 578.00-580.00, 585.00

When pricing new crop corn and beans during the growing season, you should always sell 100% of the bushels in the December corn or the November soybean contracts because as the new crop gets made, those contracts will go down more than the deferred contracts.

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