Tech Guy Opening Calls & Comments 8/6/25

Sep Wheat - 0.50 Higher to 0.50 Lower

Dec Corn - 0.25 Higher to 0.75 Lower

Dec Bean Oil - 0.04 Higher

Nov Beans - Steady to 1.00 Higher

September Crude Oil marked it's high 35 cents above the 66.40 resistance level, then sold off more than 3.00 Dollars from the high to the low. Crude closed within a few cents above the 64.00 support price.

support - 63.40, 62.50

resistance - 65.55, 66.75

November Soybeans marked the low 3.75 cents below the 985.00 support number, after selling off about 14.00 cents from 3 ticks below the 996.00 resistance level to the low print.

support - 976.00, 969.00

resistance - 995.50, 1003.00

December Corn marked it's low 1 tick above the 396.50 support number, after selling down about 5.25 cents from the high to the low.

support - 399.00, 396.00

resistance - 407.00, 412.50

September SRW Wheat marked it's low print 2.00 cents below the 506.00 support price, after selling off about 5.25 cents from the high to the low.

support - 506.00, 501.00

resistance - 509.50 - breakout higher, 518.00

September HRW Wheat marked it's low 3.25 cents above the 500.00 support number, then rallied about 9.00 cents from low the low to the high.

support - 506.50, 500.00

resistance - 516.50, 524.00

September Spring Wheat marked it's low 2 ticks below the 569.00 support price, after selling off 3.50 cents from the high to the low.

support - 568.50, 563.50

resistance - 576.50, 582.50

Ford cont:

Henry searched the world for the best agronomists to develop soybean varieties and the best growing procedures. He recruited the best oil seed scientists to develop new uses for soybeans. By 1932, Henry Ford was the world’s “go to guy” for anyone seeking information about growing and using soybeans! He perfected the manufacture of making plastic from soybean meal and used dozens of soybean plastic parts in his cars. It was estimated that each soybean plastic part used required 7,200 acres of soybeans. Read more at: https://www.soyinfocenter.com/HSS/henry_ford_and_employees.php

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