Tech Guy Opening Calls & Comments 10/14/25

Dec Wheat - 0.75 Higher

Dec Corn - Steady to 1.00 Lower

Dec Bean Oil - 0.03 Lower

Nov Beans - Steady to 1.00 Higher

December Crude Oil marked its low price 21 cents below the 57.50 support level, after selling off about 2.10 bucks from last night's open/high price to the low price print.

support - 56.55, 54.80

resistance - 59.70, 60.50

November Soybeans marked the low price 1.00 cent below the 1002.00 support number, after selling off about 9.00 cents from the high to the low print.

support - 1001.00, 994.00

resistance - 1013.00, 1016.00, 1028.00

December Corn marked its low print 3 ticks below the 410 support number, after moving down almost 6.00 cents from the high to the low price.

support - 411.00, 409,00, 403.50

resistance - 415.00, 419.50

December SRW Wheat marked its low 2.25 cents underneath the 494.50 support price, then rallied almost a dime from the low to the high print, which was within a tick of the 502.00 resistance spot.

support - 496.50, 492.00

resistance - 505.00, 514.00

December HRW Wheat marked its low price 2.25 cents below the 479.50 support number, then rallied about 12.00 cents from the low to the high price, and closed above the 487.50 upper resistance bracket print. Excuse yesterday's resistance typo.

support - 484.50, 482.00

resistance - 494.00, 499.00

December Spring Wheat marked its low at the 550.00 stated support price, then almost rallied a nickel, to within 1 tick of the 555.00 resistance number.

support - 550.00, 542.50

resistance - 561.00, 565.00, 572.00

Soviet Union:

The Soviet Union had a major crop wheat failure in 1972 and no one in the U.S. knew it. The lack of wheat in Russia, excess wheat in the U.S., and no one in the U.S. knowing Russia had a terrible wheat crop led to The Great Grain Robbery.

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