Tech Guy Opening Calls & Comments 8/27/25

Dec Wheat - 0.75 Higher to 0.50 Lower

Dec Corn - 0.25 Higher to 1.00 Lower

Dec Bean Oil - Steady

Nov Beans - Steady to 0.75 Higher

October Crude Oil marked it's high price 2 ticks beneath the 64.25 resistance level, after rallying almost 1.30 from the session low to the high.

support - 62.50-62.85, 61.60

resistance - 64.25, 65.20

November Soybeans marked the low 3 ticks below the 1045.00 support number, while trading back and forth about a dime.

support - 1044.00, 1037.00

resistance - 1054.50, 1063.00

December Corn marked it's low 1 tick below the 405.50 bracket price, after selling off almost a nickel from the high to the low.

support - 405.25, 401.00

resistance - 410.50, 417.00

December SRW Wheat marked it's low 1.25 cents above the 522.00 support number after selling off almost a dime from the high to the low print.

support - 522.00, 517.00

resistance - 527.50, 536.00

December HRW Wheat marked it's low 1 cent above the 509.00 support level, after selling off about 8.25 cents from the open/high to the low print.

support - 510.00-509.00, 505.50

resistance - 518.00, 523.00

December Spring Wheat crashed through nearby support prices and lost 13.00 cents on the day. Spring wheat appears to be targeting old lows at 568.00 and 563.00 from the weekly chart.

support - 568.00, 563.00

resistance - 585.00, 593.00

At 370 million tons, soybeans are the world’s seventh largest agricultural product and a powerhouse crop, used for food, animal feed, and industrial applications. Brazil, the U.S., and Argentina dominate global production by far with a Paraguay a distant fourth place producer of soybeans. Henry Ford was the man who transformed soybeans from a forage crop to protein supplement and vegetable oil, which is now used to make more than 1400 products.

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