Dec Wheat - 0.50 Lower
Dec Corn - 0.50 Lower
Dec Soymeal - 0.20 Higher
Nov Beans - 1.50 Lower
October Crude Oil overshot the lower support level of 74.00 by 18 cents, as the volatility becomes more frantic. Expect big swings both ways in the nearterm.
support - 74.40
73.55
resistance - 75.50
76.00
November Soybeans marked it's low 3.75 cents below the 976.50 support level, but found buyers to close directly on that price.
support - 972.00
966.50
resistance - 984.50
992.00
December Soymeal marked it's low 2 ticks above the 307.00 support price, after selling off 5 bucks from the high.
support - 307.00
305.20
resistance - 312.00
314.00
December Corn marked it's low 1.25 cents below the 390.00 support level, after selling off a nickel from the high.
support - 389.00
385.00
resistance - 396.50
400.00
December SRW Wheat rallied 5.75 cents on the day and closed above the 538.50 breakout level by 2.75 cents.
support - 538.50
532.00
resistance - 548.00
552.00
December HRW Wheat marked it's high 1.00 cent beyond the 558.00 level, after rallying about 15.50 cents low to high.
support - 552.00-550.50
543.00
resistance - 567.00
580.00
December Spring Wheat marked it's high 1.75 cents above the 584.00 breakout price, and closed 1 tick below it at 583.75. Current price is 15-16 cents from challenging the bottom of the channel at 599-600. There will be a bounty of buy stops above that.
support - 580.00
571.00
resistance - 588.50
599.00
Sep S&P marked it's low about 5 bucks below the 5582 support level, after selling off about 63 dollars from high to low.
support - 5595
5565, 5536
resistance - 5622
5662
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