Tech Guy Opening Calls & Comments 12/11/25

Mar Wheat - 1.00 Higher

Mar Corn - 0.25 Higher to 1.25 Lower

Mar Bean Oil - Steady

Jan Beans - 0.50 Higher

January Crude Oil overshot the support mark by 64 cents, after selling off from slightly below yesterday's high, about 1.93 bucks to the 57.01 low price print. Price quickly rebounded past the 57.65 support level by 18 cents at 1:45 PM CDT.

support - 57.35, 57.10, 55.95,

resistance - 58.50, 59.00, 59.65

January Soybeans marked the high price 1.00 cent above the 1094.00 resistance number, then sold off about 8.25 cents to 1.25 cents above the 1085 support node. After this low, price quickly rebounded to near the high print.

support - 1089.00-1086.00, 1081.00

resistance - 1096.00 - breakout higher, 1107.50

March Corn marked its low price at the 443.50 bracket support number, then rallied 5.50 cents to the high print.

support - 443.50, 441.50, 439.50

resistance - 450.00, 452.25, 463.75

March SRW Wheat marked its low price at the stated 525.25 bracket support number, then rallied about 9.00 cents to the high price into the session closure.

support - 529.00, 525.00

resistance - 538.00-540.00, 544.75

March HRW Wheat marked the low price 1.25 cents below the 520.00 bracket support point, after selling off about 9.25 cents from the high, which was printed about 2 hours before the pit opening time at 8.30 AM CDT.

support - 517.50, 513.25

resistance - 528.00-530.50, 535.00-536.50

March Spring Wheat marked its high price 1.00 cent below the 580.00 resistance node, after moving up only about 3.25 cents from the night opening/low price. This is an energy building day for an impending range expansion likely higher, but not 100%.

support - 574.00, 570.50,

resistance - 583.00, 588.00

Ag Reporting:

The World Agricultural Supply and Demand Estimates (WASDE) board was formed in 1973 as a joint effort of the National Weather Service, World Agricultural Outlook Board (WAOB) and the USDA because of the Great Grain Robbery of 1972. The CIA was tasked with collecting crop information on countries around the world and reporting that information to the World Agricultural Outlook Board.

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