Tech Guy Opening Calls & Comments 8/28/25

Dec Wheat - Steady to 1.50 Higher

Dec Corn - 1.00 Higher to 1.00 Lower

Dec Bean Oil - 0.07 Lower

Nov Beans - Steady to 1.25 Lower

October Crude Oil marked it's high almost exactly in between the 2 stated resistance levels and traded in a range of about 1.40 from low to high. At the time of this report, crude is trading at 64.32, very close to the 64.25 lower resistance price.

support - 63.40, 62.10

resistance - 64.75, 65.20

November Soybeans marked it's low in between the 2 stated support levels, or 2.75 cents above the 1037.00 support number, after selling off about 9.00 cents then bouncing back up near the high by the market's close.

support - 1044.00, 1040.00

resistance - 1053.50, 1058.00

December Corn marked it's low 1.75 cents below the 405.25 support number, then rallied about 7.50 cents from the low to the high.

support - 407.00, 403.00

resistance - 413.50, 417.00

December SRW Wheat marked it's low 1.75 cents below the 522.00 support point, then rallied almost a dime from the low to the high.

support - 525.00, 520.00

resistance - 535.00, 540.00

December HRW Wheat marked it's low 1.25 cents above the 505.50 support level, then rallied almost a dime, as well, from low to high.

support - 511.50, 506.00

resistance - 522.50, 527.50

December Spring Wheat traded in a relatively small 4.00 cent range after yesterday's washout of longs. The close was 2 ticks higher for the day.

support - 575.00, 568.00

resistance - 585.00, 593.00

Potatoes:

At 370 million tons, potatoes are the eighth largest of the world’s agricultural products, thriving in diverse climates. China, India, and Russia lead production. Potato scab in Ireland in the 1840’s caused the potato famine and the mass migration to America. A soil with low pH protects potatoes from scab.

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