July Wheat - 0.25 Lower
July Corn - 0.25 Lower
July Soymeal - Steady
July Soybeans - 0.50 Higher
June Crude Oil marked the low about 65 cents below the 77.55 support area, then it rallied 2+ bucks low to high.
support - 78.60
77.85
resistance - 79.70-80.10
80.70-81.50
July Soybeans sold off to test old support in the 1227 area. Tight support after a rally is to protect profits and re-enter at lower support levels in both beans and corn.
support - 1224.00
1219.50
resistance - 1249.00
1257.00 - keep yesterday's targets in mind for this week.
July Soymeal forged it's low in between the 2 support levels. The low was 377.60.
support - 378.40
374.50
resistance - 390.00
400.50
July Corn also sold off to previous support at the 457.50 level.
support - 457.50
454.00
resistance - 472.00
480.00-483.00
July SRW Wheat - sorry for the typo, the listed prices under "support" were in reality the resistance levels.
support - 630.00
623.50
resistance - 654.00
663.00 - 703 target above
July HRW Wheat marked the low 1 cent below the 648.00 support price, after selling off 21 cents from last night.
support - 644.50
640.50
resistance - 670.00
679.00
July Spring Wheat crashed down to previous support at the 700 level. It sold off 21 cents from the overnight highs.
support - 697.00
690.50
resistance - 722.50
731.00
June S&P traded in a relatively small range today. I'm going to tighten the support levels.
support - 5204
5188 - keep yesterday's support levels in mind, if needed.
resistance - 5258
5285
