Tech Guy Opening Calls and Comments 7/21/25

Sep Wheat - Steady

Dec Corn - Steady to 1.00 Lower

Dec Bean Oil - 0.02 Higher

Nov Beans - 1.50 Higher

September Crude Oil marked it's low 6 cents above the 65.15 support level, after selling off about 1.25 from the high to the low.

support - 65.00, 64.00

resistance - 66.50, 67.55

November Soybeans marked the low 2.50 cents below the 1023.00 support price, after selling off about 13.50 cents from the high to the low.

support - 1020.00-1018.00, 1016.00

resistance - 1043.00, 1048.00

December Corn marked it's low 1.75 cents above the 418.50 support number, after selling down about 7.50 cents from the high to the low.

support - 419.50-418.50, 416.00

resistance - 430.50, 435.00

September SRW Wheat marked it's low 1.00 cent below the 542.00 support point, after selling off about 8.50 cents from the high to the low.

support - 540.50, 535.00

resistance - 550.00-551.50, 558.00

September HRW Wheat marked it's low 1 tick below the 524.00 support level, after selling off about 9.00 cents from the high to the low.

support - 523.50, 515.00

resistance - 533.00-534.50, 538.50

September Spring Wheat marked it's low 3.00 cents below the 589.00 support price, and sold off to test the old low print from May 16th of 586.50.

support - 586.00, 563.00 - previous low on weekly chart

resistance - 597.00, 604.00

Ukraine:

Ukraine’s soil is very fertile and very deep, often more than 12 feet. During WW II, freight trains transporting war supplies to the German armies deep into the Soviet Union, were ordered by Hitler to load the empty cars with topsoil from Ukraine on the return trip to Germany.

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