Tech Guy Opening Calls & Comments 11/20/25

Dec Wheat - 0.75 Higher

Dec Corn - Steady to 0.75 Lower

Dec Bean Oil - 0.10 Higher

Jan Beans - Steady to 0.50 Lower

January Crude Oil marked its low price 6 cents above the 68.65 support level, after selling off about 1.50 Dollars from the morning high price of 60.10.

support - 58.10, 57.30

resistance - 59.30, 60.10

January Soybeans have revealed that the trading range has opened up wider by losing 13.25 cents for the day to close at 1123.00.

support - 1114.00, 1100.00

resistance - 1143.50, 1160.00

December Corn marked its low 1 tick below the 426.00 support number, after selling down about 5.50 cents from the pit opening high price print down to the low.

support - 423.00, 421.00

resistance - 431.50, 436.50

December SRW Wheat marked the low price 1.50 cents above the 524.50 support number, after selling off about 17.50 cents from the morning high print to the low print.

support - 524.00, 517.00

resistance - 535.00, 543.50

December HRW Wheat marked its low price 1 tick below the 506.00 support number, after the sellers took price down about 14.25 cents from the morning high.

support - 503.00, 500.50, 498.50

resistance - 514.00, 520.00

The December Spring Wheat upside breakout turned out to be a fake out for now. The low print was marked 2.25 cents above the 568.50 support level, after selling off 12.25 cents from the high to the low print. Sometimes markets have to sell 1 more time to get energy to go higher later, even while the uptrend is still intact.

support - 570.00, 565.00

resistance - 583.00-585.00, 594.00

The State of Nebraska passed the Nebraska Test Act in 1919, which mandated all tractor models sold in Nebraska had to be tested to verify the claims of the manufacturer. The University of Nebraska formed the Nebraska Tractor Test Laboratory (NTTL) and began testing and evaluating all aspects of farm tractors in 1920 and continue to do so to this day. The first tractor tested was on 9 April 1920 and it was a Waterloo Boy Model N.

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