Tech Guy Opening Calls & Comments 6/26/25

Sep Wheat - 0.25 Lower

Sep Corn - 4.00 Higher!

Aug Bean Oil - 0.12 Higher

Nov Beans - 0.50 Higher

August Crude Oil Marked it's high 42 cents above the 66.00 resistance level, as trading remains rangebound. Since that high, crude has sold down about 1.20, near the bottom of the channel.

support - 64.75, 64.00

resistance - 66.70-67.23, 69.40

November Soybeans marked the low 2.50 cents above the 1012.00 support level, after trading in a range and selling off about 9.00 cents from high to low.

support - 1014.00-1012.00, 990.00

resistance - 1023.00, 1032.50

December Corn marked it's low 2.25 cents below the 422.00 support price, after selling off almost 7.00 cents from high to low.

support - 417.00, 414.00

resistance - 426.50, 431.00

September SRW Wheat marked it's low 1 tick below the 536.50 support number, after selling off about 12.00 cents from the high to the low.

support - 536.00, 531.50

resistance - 548.00, 554.00

September HRW Wheat marked it's low 2 ticks above the 532.00 support point, after selling off about 11.00 cents from the high print to the low.

support - 533.00, 529.00

resistance - 543.00, 552.00

September Spring Wheat marked it's low 1.50 cents shy of the 618.00 support level, then rallied 8.00 cents from low to high.

support - 622.00, 618.00

resistance - 634.50, 646.00

More Interesting History:

Henry searched the world for the best agronomists to develop soybean varieties and the best growing procedures. He recruited the best oil seed scientists to develop new uses for soybeans. By 1932, Henry Ford was the world’s “go to guy” for anyone seeking information about growing and using soybeans! He perfected the manufacture of making plastic from soybean meal and used dozens of soybean plastic parts in his cars. It was estimated that each soybean plastic part used required 7,200 acres of soybeans. Read more at: https://www.soyinfocenter.com/HSS/henry_ford_and_employees.php

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/