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Tech Guy Opening Calls & Comments 9/15/25

Dec Wheat - 1.00 Lower


Dec Corn - 0.75 Higher to 1.00 Lower


Dec Bean Oil - 0.04 Higher


Nov Beans - Steady to 0.50 Higher


October Crude Oil traded in a relatively small range up day of about 63 cents higher on the day, remaining in between support and resistance, and ending up at 63.32.

support - 62.35, 61.65

resistance - 63.65 - triangle breakout, 64.10, 64.85


November Soybeans marked the high 3.75 cents shy of the 1055.00 resistance level, in what was a small up day with a net gain of 3.00 cents.

support - 1038.00, 1028.00

resistance - 1055.00, 1063.00


December Corn marked its low 1 cent above the 421.00 support price, after selling off about 6.25 cents from the high to the low.

support - 421.00, 416.50

resistance - 428.00-430.00, 435.00


December SRW Wheat marked its low 1 tick above the 520.00 support number, then rallied about 9.00 cents from the low to the high.

support - 522.00-520.00

resistance - 530.00, 535.50


December HRW Wheat marked its high price 1 tick above the 520 resistance number, after rallying about 10.50 cents from the low to the high.

support - 511.00, 504.00

resistance - 520.50, 527.50


December Spring Wheat marked its high 3 ticks below the 577.00 resistance price, after rallying 7.25 cents from the low to the high price print.

support - 565.00, 563.00

resistance - 580.00, 584.50


Drought:

The drought in 1980 was caused by the eruption of Mt. St. Helens in Southwest Washington on 18 May 1980.


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