Tech Guy Opening Calls & Comments 10/22/25

Dec Wheat - 0.25 Higher

Dec Corn - Steady

Dec Bean Oil - 0.12 Lower

Jan Beans - 0.25 Lower

December Crude Oil was up 2.56 to 59.80 at the time of this writing while slicing through nearby resistance and re-visiting old resistance in the 59.70 area.

support - 59.35, 58.35

resistance - 60.40, 61.20

January Soybeans marked the low price within the bracketed support levels, after selling off about a dime from the high price to the low price print.

support - 1045.00, 1042.50, 1036.50

resistance - 1058.00, 1072.00

December Corn marked its low price 2 ticks below the 419 support number, then rallied to the 1 cent below the 425.00 resistance spot. The range from low to high was about 5.50 cents.

support - 421.00, 418.25

resistance - 425.00, 428.50

December SRW Wheat marked its low 3 ticks beneath the 499.00 support number, then rallied about 7.50 cents from the low to the high print.

support - 501.50, 498.00

resistance - 507.50, 513.50

December HRW Wheat marked its low 3 ticks below the 484.50 support level, then rallied about 6.25 cents from the low price to the high print.

support - 487.00, 484.50

resistance - 492.50, 501.00

December Spring Wheat rallied 3.00 cents for the trading session while staying above the support number of 542.50.

support - 544.50, 542.50

resistance - 553.00, 561.00

Rice:

At 750 million tons, rice is the world’s sixth largest agricultural product and a dietary staple for more than half of the world’s population, particularly in Asia. Leading producers are China, India, and Indonesia. Rice and wheat are competing crops. Together, they meet the protein needs of nearly half of the world’s population.

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