Dec Wheat - Steady
Dec Corn - 0.50 Lower
Dec Soymeal - Steady
Nov Beans - 1.00 Higher
Roll to November (continuation) Crude Oil marked it's low at 68.58. The October contract, however marked it's low about 8 ticks above the 69.50 support.
support - 68.50-68.25
67.75
resistance - 70.35
70.65
November Soybeans marked their high at the 1022.00 resistance price, then sold off about 16 cents.
support - 1007.00
998.00
December Soymeal marked it's high 2 ticks below the 327.50 resistance level, then sold off about 8 bucks.
support - 319.50
316.50
resistance - 327.00
329.50
December Corn marked it's high directly in between the 414.00 and 416.00 resistance levels, then sold off about 4 cents high to low.
support - 411.00
408.00
resistance - 416.00
424.00
December SRW Wheat marked it's high 1.00 cent below the 574.00 support price, after selling off about a dime.
support - 573.00-571.00
565.00
resistance - 584.50
589.00
December HRW Wheat marked it's low 2.75 cents below the 578.75 support price, after selling off about 11.50 cents from 1.00 cent below the 588.00 resistance level.
support - 576.00
570.00
resistance - 588.00
594.00
December Spring Wheat marked it's low 2.00 cents below the 617.50 support price, after selling off about a dime from the high.
support - 613.00
610.00
resistance - 625.00
631.50
December S&P marked the low about 8 points above the 5668 support level, after selling off about 75 points from a new reaction high from the rate cut news.
support - 5675
5641
resistance - 5725
5756
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