Tech Guy Opening Calls & Comments 11/6/25

Dec Wheat - Steady

Dec Corn - 1.00 Higher to 0.75 Lower

Dec Bean Oil - 0.07 Lower

Jan Beans - 0.50 Higher to 1.00 Lower

December Crude Oil marked its low price 3 cents above the 58.80 support level, after selling off almost 1.70 bucks from the early morning high to the low price print.

support - 58.80, 57.90

resistance - 60.50, 61.20

January Soybeans lost 26.25 cents on the day, falling below nearby support and nearly testing old support in the 1101.00 area.

support - 1101.00, 1090.50

resistance - 1127.00, 1137.00

December Corn marked its low 1 tick from the 428.00 support number, after selling off about 6.50 cents from the open/high price to the afternoon low.

support - 427.50-426.50, 423.00

resistance - 434.00, 436.00

December SRW Wheat marked its low price 5.50 cents below the 540.00 support number, nearly reaching old support at 531.00. The total loss for the day was 18.25 cents.

support - 531.00, 517.00

resistance - 547.00, 555.00

December HRW Wheat lost 17.75 for the day, stopping a few cents above the old 518.50 support price.

support - 518.50, 505.50

resistance - 533.50, 540.00

December Spring Wheat marked its low price at the stated 550.00 support number, then rallied 7.50 cents from the low to the high print.

support - 555.00, 550.00

resistance - 561.00, 567.50

St Lawrence Seaway:

The U.S. and Canadian grain shipped through the St. Lawrence Seaway includes wheat, corn, soybeans, barley, oats, and flaxseed. Agricultural products made up 32% of the total 2024 Seaway cargo, which reached 37 million mts. The number of cargo vessels using the Seaway increased by 17 vessels in 2024 to 3,952 in 2024.

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