Tech Guy Opening Calls & Comments 7/31/25

Sep Wheat - Steady to 0.50 Lower

Dec Corn - Steady

Dec Bean Oil - Steady

Nov Beans - Steady to 1.25 Higher

September Crude Oil marked it's low 16 cents above the 68.40 support level, after selling off almost 2 bucks from high to low. Therefore, yesterday was a fake out to the upside.

support - 68.40, 66.50

resistance - 70.50, 71.50

November Soybeans marked the low print 2 ticks above the 987.00 support price, after selling off about 13.00 cents from the high to the low.

support - 987.00, 971.50

resistance - 1000.50, 1009.50

December Corn marked it's low 1 tick below the 409.00 support number, then rallied about a nickel from the low to almost back to the 415.00 resistance point.

support - 412.00, 408.50

resistance - 415.00 - breakout level, 420.00

September SRW Wheat marked it's low about halfway in between the 2 stated support numbers, after selling off about 9.00 cents from the high to the low.

support - 521.00, 516.50

resistance - 532.00, 540.50

September HRW Wheat marked it's high 1 tick below the 527.50 resistance price, after rallying about 8.50 cents from the low (above support) to the high print.

support - 523.00, 518.50

resistance - 529.00-530.50, 537.50

September Spring Wheat responded to the bullish Doji, by closing on the high today, even though it was a very small up day.

support - 573.50, 563.50

resistance - 584.00, 595.00

The State of Nebraska passed the Nebraska Test Act in 1919, which mandated all tractor models sold in Nebraska had to be tested to verify the claims of the manufacturer. The University of Nebraska formed the Nebraska Tractor Test Laboratory (NTTL) and began testing and evaluating all aspects of farm tractors in 1920 and continue to do so to this day. The first tractor tested was on 9 April 1920 and it was a Waterloo Boy Model N.

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