Tech Guy Opening Calls & Comments 11/24/25

Mar Wheat - 0.25 Higher

Mar Corn - Steady to 0.75 Lower

Mar Bean Oil - 0.04 Lower

Jan Beans - 1.75 Lower

January Crude Oil marked its low price 12 cents above the 57.30 support level, then rallied about 1.50 bucks from the low to the high, which was above the 58.65 resistance number - closed above this as well. Should have another up day.

support - 58.20, 57.40

resistance - 59.25, 60.10

January Soybeans marked the low price 3.75 cents below the 1120.00 support number which was also in between the 2 listed support levels, with the lower one being 1113.00. Then, beans rallied about 14.25 cents to the high print.

support - 1117.50, 1113.00

resistance - 1132.00, 1143.50

December Corn marked its low 3 ticks beneath the 423.00 support bracket, then rallied about 4.25 cents to the high.

Mar support - 434.25, 430.00

Mar resistance - 440.00, 443.00

December SRW Wheat marked its low 4.00 cents below the 523.00 support level, after selling off about 9.50 cents from the high price.

Mar support - 531.50, 526.00

Mar support - 542.00, 551.00

December HRW Wheat marked the low price 3.00 cents below the 506.50 support number, then rallied about a dime from the low to the high print.

Mar support - 520.00, 513.50

Mar resistance - 528.50, 534.00

December Spring Wheat marked its low price 3 ticks above the 561.00 support spot, then rallied about 10.50 cents from the low to the high print.

Mar support - 574.00, 571.50

Mar resistance - 583.25, 588.00

Mules/Horses:

We all have heard people say, so and so is as stubborn as a mule! Actually, mules make the decision to quit working. A horse will work himself to death for you. Many, many horses died in the traces trying to please their master over the past thousands of years. But a mule, he will refuse to let anyone work him to death. When a mule gets to the point he is about to die from overwork, he will lay down and not get up until he is good and ready. A mule’s attitude is, you can beat me to death, but you are not going to work me to death.

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