Tech Guy Opening Calls & Comments 8/26/25

Dec Wheat - 0.75 Lower

Dec Corn - 0.25 Lower

Dec Bean Oil - 0.11 Lower

Nov Beans - 0.75 Lower

October Crude Oil marked it's low 37 cents below the 63.55 support level, after selling off about 1.90 from yesterday's 65.10 resistance price, from high to low.

support - 62.50, 61.45

resistance - 64.25, 65.10

November Soybeans traded in a small 10.50 cent range, in between support and resistance and consolidating from the last few days of lively price action.

support - 1045.00, 1041.50, 1032.50

resistance - 1062.00, 1080.00

December Corn marked it's low 2 ticks beneath the 409.00 support number, after selling off about 6.00 cents from the high to the low.

support - 406.50-405.50, 403.50

resistance - 416.50, 423.00

December SRW Wheat marked it's low 1.00 cent below the 528.00 support price, then rallied about 7.50 cents from the low to the high.

support - 527.00, 522.00

resistance - 535.50, 540.00

December HRW Wheat marked it's low 1.25 cents below the 518 support level, then rallied about 6.00 cents from the low to the high print.

support - 515.50, 509.00

resistance - 527.50, 537.00

December Spring Wheat marked it's low price 2 ticks below the 589.00 support number, while trading in a very small range of 4.00 cents for the day - consolidation.

support - 588.50, 585.00

resistance - 593.00, 596.00

All the wheats are stuck in small trading ranges. It will take a force to move them more than about a dime, either direction.

Rice:

At 750 million tons, rice is the world’s sixth largest agricultural product and a dietary staple for more than half of the world’s population, particularly in Asia. Leading producers are China, India, and Indonesia. Rice and wheat are competing crops. Together, they meet the protein needs of nearly half of the world’s population.

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