Tech Guy Opening Calls & Comments 8/14/25

Sep Wheat - Steady to 0.50 Higher

Dec Corn - 1.25 Higher to 0.75 Lower

Dec Bean Oil - Steady

Nov Beans - 1.50 to 2.00 Higher

September Crude Oil rallied 1.28 on the day at the time of this writing, marking the high in between the 2 stated resistance levels.

support - 63.25, 62.60

resistance - 64.60, 65.20

November Soybeans marked it's low 3 ticks above the 1027.00 support price, after correcting down about 22.00 cents from very close to the stated resistance (high) down to the low.

support - 1027.00, 1015.00

resistance - 1050.00, 1059.00, 1080.00

December Corn marked it's high at the stated 399.00 resistance mark, after rallying about 6.50 cents from in between the 2 stated support prices (low) to the high.

support - 394.00, 392.00

resistance - 399.00 - breakout, 406.00, 411.50

September SRW Wheat marked it's low 1.25 cents below the 502.00 support number, after selling off about 7.00 cents from the high to the low.

support - 500.00, 485.00

resistance - 511.00, 523.50

September HRW Wheat marked it's low 1.00 cent above the 500.00 support price, then rallied about 7.50 cents from the low to the high print.

support - 500.00, 468.00

resistance - 509.00, 513.00

September Spring Wheat marked it's low 1.75 cents above the 570 stated support number, after selling down 8.25 cents from high the high to the low.

support - 570.50, 567.50

resistance - 580.00, 584.00, 589.00

Subsidies:

Up until the mid-1980’s, grain production in the U.S. was heavily subsidized by the government to keep the price of food low for American consumers and to keep farmers farming. In the case of wheat, about 30% of the cost of production was paid for by U.S. government subsidies.

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