May Wheat - 0.50 Higher
May Corn - 0.75 Lower
May Soymeal - 1.10 Higher
May Beans - 1.50 Lower
April Crude Oil marked it's low 21 cents below lower support of 77.00, then bounced up $1.50.
support - 77.25
76.35
resistance - 78.75
80.00
May Soybeans marked the high 3.25 cents below resistance, then sold off to support at 1175.00.
support - 1175.00
1168.00
resistance - 1192.50 - breakout
1205.00
1224.00
May Soymeal marked it's low 1.10 points below 337.50 support, after selling off 6 bucks.
support - 336.50
336.00
resistance - 344.00
352.00
May Corn marked it's low in between the 2 support levels, then rallied 8 cents.
support - 437.50
443.00
resistance - 448.00
459.00
May SRW Wheat took out support by 6.50 cents, then rallied 25 cents.
support - 542.50
538.50
resistance - 551.00 - breakout
568.00
May HRW Wheat marked it's low 1.75 cents below lower support, then rallied 28 cents, past resistance.
support - 594.00-593.00 - resistance became support
580.50
resistance - 611.00
626.50
May Spring Wheat marked it's low 1 cent below the 654.00 support level, then rallied 20 cents, almost touching 675.00 resistance.
support - 665.50
658.50
resistance - 675.00 - breakout
692.00-700.00
KC and Spring wheat have both put in solid bottoms, and Chicago is trying to do so.
As the March S&P rolled to the June S&P, 5162 resistance became support, and the high was 2 points above the 5194 resistance.
support - 5173
5155
resistance - 5255
5300
