Tech Guy Opening Calls & Comments 1/8/26

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, after a rally of about 14.50 cents from the previous night's open/ low price.

support - 1055.50, 1049.50

resistance - 1070.50, 1082.50

March Corn marked its high price 1 tick above the 447.00 bracket support number, after moving up about 3.25 cents from the open/low print.

support - 441.75, 440.00, 436.00

resistance - 448.00, 453.00

March SRW Wheat marked its high price 3 ticks below the 521.00 resistance level, after rallying about 10.50 cents from the open/low price print.

support - 515.00, 509.00

resistance - 523.00-525.00, 527.50, 535.00

March HRW Wheat marked its high price 2.75 cents above the 529.75 bracket resistance number, after rallying about 12.50 cents from the low print.

support - 527.50, 520.00

resistance - 535.00, 540.00

March Spring Wheat marked the high price 2.00 cents below the 577.50 resistance number after a move up of 8.50 cents from the low print.

support - 567.00, 560.50

resistance - 577.50, 583.00

Shipping Containers:

Of all agricultural U.S. exports, 52% by value are shipped in containers and 15% by weight of ag exports are exported in containers.

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