Tech Guy Opening Calls & Comments 9/24/25

Dec Wheat - 0.25 Higher

Dec Corn - Steady to 0.75 Lower

Dec Bean Oil - 0.04 Lower

Nov Beans - Steady to 1.00 Lower

November Crude Oil marked its high price 25 cents above the 64.80 resistance level, after rallying about 1.80 Dollars from the low to the high price print.

support - 63.25, 61.80

resistance - 65.55, 66.10

November Soybeans marked the high 3 ticks below the 1021.00 resistance price, after rallying about 14.50 cents from the low to the high print.

support - 1006.00, 994.00

resistance - 1016.00, 1021.00

December Corn traded in a smaller 4.00 cent range, finishing 2.25 cents lower on the day, and remaining in between support and resistance.

support - 422.50, 418.50

resistance - 427.50, 432.00

December SRW Wheat marked its low price 2.00 cents above the 517.00 support node, after marking the high price about 5.00 cents higher. Therefore, Soft wheat also traded within support and resistance the entire trading session.

support - 517.50, 513.00

resistance - 527.00, 532.50

December HRW Wheat marked its low price 2 ticks below the 507.00 support number, after selling off about 9.50 cents from the high to the low.

support - 506.00, 499.00

resistance - 513.00, 515.50, 519.50

December Spring Wheat marked it's low 1.50 cents above the 565.00 support number, while trading in a narrow 3.75 cent range on the day.

support - 566.00, 561.00

resistance - 573.50, 578.00

Amazon river:

The Amazon River is the world's second-longest river and has more water volume, by far, than any other river in the world. Although it is 4,300 miles long (6,920 kilometers), there is not a single bridge across the mighty Amazon. Why? During the rainy season, the Amazon width will expand from a relatively narrow quarter of a mile or less to 2 to 5 miles wide. The jungle soil is much deeper than anyone knows and is not fit to support bridge construction. Fortunately, not very many people live in the Amazon jungle and there is no financial benefit to building the most expensive bridge the world has ever seen.

For pertinent news and fundamental grain market information, sign-up for a 30 day, no cost, no obligation, no phone call subscription to Wright on the Market news sent to your email every day before you get out of bed. Click on "subscribe" at: https://www.wrightonthemarket.com/