Tech Guy Opening Calls & Comments 12/18/25

Mar Wheat - 0.25 Lower

Mar Corn - 0.50 Lower

Mar Bean Oil - 0.05 Lower

Jan Beans - Steady to 1.50 Lower

February Crude Oil marked its low price 2 ticks below the 55.75 bracket support level, after selling off about 1.10 Dollars from the evening high price.

support - 55.75 - breakdown below, 54.89

resistance - 56.50, 56.85, 57.25

January Soybeans marked the low price 2.00 cents below the 1053.00 stated support number after selling down about 9.00 cents from the evening high print.

Beans cannot find any fund buyers.

support - 1044.50-1042.50, 1037.50

resistance - 1062.00, 1067.50

March Corn marked its high price 2 ticks below the 446.50 resistance level, after a rally of about 5.50 cents from the opening/low price print.

support - 443.00, 441.00

resistance - 446.50-447.25, 449.00, 452.25

March SRW Wheat marked its high price 3 ticks beneath the 511.50 resistance number, after rallying about 5.25 cents from the evening low print.

support - 505.50, 502.50, 498.00

resistance - 512.00 - breakout higher, 520.00

March HRW Wheat marked the high print almost directly in between the 516.00 and 520.50 resistance numbers, after rallying about 11.25 cents from the open/low price. Hard wheat certainly appears to have begun an up move/correction.

support - 514.00, 508.25

resistance - 520.50, 525.00, 528.50 - these areas will cause small down corrections or stop the up move.

March Spring Wheat marked its high price near the close, 2.00 cents above the upper 572.00 resistance number, after a rally of 13.00 cents from the open/low print. This price action is very positive after the capitulation. The odds favor this thing having some legs.

support - 569.50-568.00, 565.50

resistance - 580.00, 582.50, 588.00

History of Wheat:

At 770 million tons, wheat is the world’s fifth largest agricultural product. Wheat is a foundational crop in human history, dating back to the first agricultural operations in Mesopotamia. Today, wheat is grown on every continent except Antarctica, with Russia, China, and India as leading producers. Wheat fields, characterized by golden stalks swaying in the wind, symbolize abundance and sustenance.

For pertinent news and fundamental grain market information, sign-up for a 30 day, no cost, no obligation, no phone call subscription to Wright on the Market news sent to your email every day before you get out of bed. Click on "subscribe" at: https://www.wrightonthemarket.com/