Tech Guy Opening Calls 10/5/25

Dec Wheat - 0.75 Lower

Dec Corn - Steady

Dec Bean Oil - 0.05 Lower

Nov Beans - 1.25 Lower

Crude price - 61.44, up 0.56

S&P price - 6777.50, up 13.50

Lincoln:

President Abraham Lincoln created the USDA on 15 May 1862 to support farmers who were growing the food to feed the civilians and the soldiers fighting to save the Union. Lincoln believed that agriculture was vital to a stable society, and he wanted to show the nation’s gratitude to the nation’s farmers with research and development of farm equipment and the best varieties for crop production through a structure for agricultural production education. Since more than half of America’s population were farmers, Lincoln called the USDA The People’s Department.

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