March Wheat - Steady
March Corn - Steady to 1 Higher
March Soymeal - 2.0 Higher
Jan Beans - Steady to 1 Lower
January Crude Oil took out support levels and closed down over 3 bucks.
support - 67.00
63.50
resistance - 72.50
74.25
75.25
January Soybeans closed down, at 2.50 cents below the 1299 support.
support - 1293.00
1283.00
resistance - 1312.00
1316.00
1330.50
March Soybean Meal has been in a correction for about 3 weeks now.
support - 396.40
393.20
373.00
resistance - 415.50
419.20-422.50
433.50
March Corn closed down today.
support - 482.50
478.50
resistance - 494.00
498.50
508.00-510.00
March SR Wheat marked it's high a nickel above the 644.50 target.
support - 627.50
617.00
605.00
resistance - 650.00
664.00
685.00
March KC Wheat marked it's low about 3.50 cents above support, then rallied about 20 cents.
support - 653.00
644.00
631.00
resistance - 677.50
688.00
693.00
722.00
March Spring Wheat marked it's high 2.50 cents above the 745.00 resistance, then sold off about 18 cents to within 1 cent of the middle support number of 729.50.
support - 728.00
722.00
717.50
resistance - 741.00
748.00
754.00
December S&P marked it's high about 9 points above the 4589 resistance and then traded down past the 4561 support by 9 points - a run of 28 points.
support - 4555
4517
resistance - 4577
4608
4634
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