March Wheat - 1 to 2 Higher
March Corn - 1 Higher
March Soymeal - 1.9 Higher
Jan Beans - Steady to 1 Higher
January Crude Oil marked it's low in between the 2 support levels of 68.50 and 67.00, at 67.71 and then rallied about 2.0 dollars. Crude made the high 32 cents above the 69.50 resistance.
support - 68.85
67.50
resistance - 70.30
72.00
74.00
January Soybeans marked it's low 2.5 cents below the 1305 support, after selling off from 1322.
support - 1294.00
1290.00-1288.00
resistance - 1318.00
1323.00
1336.00
1348.00
March Soybean Meal marked it's low 3.1 dollars below the 393.20 support after selling off about 9.00 from 402.50.
support - 392.00
390.00
resistance - 397.50-398.00
403.00
409.00
March Corn closed at the lower support level of 480.00, after selling off from 485.00.
support - 478.50
475.50
resistance - 482.50
485.50
488.00
March SR Wheat marked it's high 1.25 cents below the 630.00 resistance, then sold off 25+ cents. The close was 1 tick above the 606.50 support.
support - 604.00
594.50
resistance - 617.50
628.50
635.00
March KC Wheat marked it's high 3 cents below 662.50 resistance then sold off about 30 cents, marking the low 1 tick above the 628.50 support.
support - 630.50
622.50
resistance - 648.00
662.00
675.00
March Spring Wheat marked the high about 3 cents below resistance, then sold off about 20 cents to a few ticks below the 710.00 support level.
support - 711.50
703.00
resistance - 724.00
733.00
740.00
March S&P marked it's low about 3 points above the 4694 support, then rallied about 60 points ($50/point). The day's high print came within 1.75 points of the 4766 target.
support - 4736
4725
4700
resistance - 4765
4808
4827
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