Tech Guy Opening Calls & Comments 11/11/25

Dec Wheat - Steady

Dec Corn - 0.50 to 1.00 Lower

Dec Bean Oil - 0.03 Lower

Jan Beans - 0.50 to 1.00 Lower

January Crude Oil marked its high price 3 cents above the 61.15 resistance level, after rallying almost 1.60 bucks from the nighttime low to the late morning high price print.

support - 60.30, 59.60

resistance - 61.20, 61.85

January Soybeans marked the low price 1.75 cents below the 1121.00 support number, then bounced up about 11.00 cents from the low to the high print.

support - 1119.00-1117.50, 1110.00

resistance - 1132.00, 1137.00

December Corn marked its low price 2 ticks above the 428.00 support level, then rallied about 4.00 cents, to a few ticks beyond the 432.00 resistance number.

support -428.50, 426.25

resistance - 434.00, 436.00

December SRW Wheat marked its low price 1.25 cents above the 530.00 support number, then rallied almost 7.00 cents from the low to the afternoon swing high print.

support - 531.00, 526.00

resistance - 539.00, 547.50

December HRW Wheat marked its low price 1 tick above the 520.00 support number, after selling off about 9.25 cents from the high to the low price print.

support - 520.00, 517.50

resistance - 529.50, 533.50

December Spring Wheat marked its high price in the middle of the 570.00-571.50 resistance level, after moving up about 9.25 cents from the open/low to the high price print.

support - 565.00, 561.50

resistance - 572.00, 579.00

Brazil:

Brazil’s main crop growing area has a rainy season from October to April and dry season May to September. During the rainy season, rain will fall 6 to 8 days out of every 10 days. Rain and showers 10 consecutive days is not uncommon. The combines have a roof over the hoppers and the moisture content of the soybeans are usually 16% and the beans are dried using wood for fuel to make the heat.

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