Tech Guy Opening Calls & Comments 9/30/25

Dec Wheat - Steady to 0.50 Lower

Dec Corn - 1.00 Higher to 1.00 Lower

Dec Bean Oil - 0.06 Lower

Nov Beans - 1.50 Lower

November Crude Oil marked its low 18 cents above the 61.85 support level, then price rallied about a buck from the low to the high.

support - 62.30, 61.60

resistance - 63.20, 63.50, 64.60

November Soybeans sold off 9.75 cents on the day, and at least temporarily found support at the psychological node of 10 bucks.

support - 1000.00, 994.00

resistance - 1009.00, 1016.00

December Corn marked its low 2.00 cents below the 416.00 support price, after selling off about 7.50 cents from the high to the low price print. Corn closed at the 416.00 nodal price.

support - 414.00, 410.25

resistance - 421.00, 423.00, 426.00

December SRW Wheat crashed through near term support numbers, while selling off 12.00 cents to 507.50 for the trading session. 507.00 is an old low/support price.

support - 507.00, 502.00

resistance - 514.50, 520.00

December HRW Wheat marked it's low price 1.00 cent below the 497.00 support number, after selling off about 13.50 cents from the high to the low.

support - 496.00, 469.00

resistance - 502.50, 509.00

December Spring Wheat marked it's low at the stated 561.50 support number, after selling down 10.25 cents from the high to the low print.

support - 561.00, 543.00

resistance - 565.50, 572.00

We all have heard people say, so and so is as stubborn as a mule! Actually, mules make the decision to quit working. A horse will work himself to death for you. Many, many horses died in the traces trying to please their master over the past thousands of years. But a mule, he will refuse to let anyone work him to death. When a mule gets to the point he is about to die from overwork, he will lay down and not get up until he is good and ready. A mule’s attitude is, you can beat me to death, but you are not going to work me to death.

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/