Tech Guy Opening Calls & Comments 9/3/25

Dec Wheat - Steady

Dec Corn - Steady

Dec Bean Oil - 0.11 Higher

Nov Beans - Steady

October Crude Oil marked it's high 12 cents above the 63.60 support level, after selling off about 2 Dollars from the high to the low.

support - 63.65, 62.90

resistance - 64.85, 65.60

November Soybeans marked it's high 1 tick below the 1048.00 resistance price, then sold off about 17.00 cents from the high to the low while dropping below support.

support - 1030.00, 1026.50, 1015.50

resistance - 1044.50, 1048.00

December Corn marked it's low 3 ticks below the 417.00 support number, after selling off about 7.50 cents from the high to the low.

support - 414.00, 410.00

resistance - 422.00-424.50, 430.00

December SRW Wheat marked it's low 1.25 cents below the 523.00 support point, after selling off about 8.50 cents from the high to the low.

support - 520.00, 517.00

resistance - 530.00, 536.00

December HRW Wheat marked it's low 2 ticks above the 507.50 bracket support number, after selling down about 7.25 cents from the high to the low.

support - 507.50, 504.00

resistance - 515.00, 520.00

December Spring Wheat marked it's low almost exactly between the stated 572.00 and 568.00 support prices, then moved up about 5 cents from low to high.

support - 570.00, 568.00

resistance - 584.00, 592.50

Hard wheat is used for bread and soft wheat is used for pastries. When one chews a small handful of wheat, within a matter of minutes, a wad of gum is left in one's mouth. That is a protein called gluten. Hard wheat has a higher gluten content than soft wheat. That is why cookies and cake have more crumbs than bread.

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