Tech Guy Weekend Comments 1/17/26

March Crude Oil marked its low price 6 cents above the 58.75 support level in the overnight trade, then rallied about 1.25 Dollars to the high print during the early morning trade.

support - 58.50-58.30, 57.50

resistance - 60.15, 60.90

March Soybeans marked the low price 2 ticks below the 1048.25 support number, then rallied about 11.00 cents to 2 ticks above the 1058.50 resistance point.

support - 1047.50, 1042.00

resistance - 1059.50, 1071.00

March Corn marked its low price 1.00 cent above the 419.00 support number, then rallied about 7.25 cents to 2.25 cents above the 425.00 bracket resistance level.

support - 421.50, 420.00-419.50

resistance - 427.50-429.50, 448.25

March SRW Wheat marked the high price 2.25 cents above the 518.25 resistance number, after rallying about 10.25 cents from 2.25 cents above the 507.00 support mark.

support - 516.00, 505.50

resistance - 521.00, 528.00

March HRW Wheat made the high price at the stated 529.00 resistance level, after rallying about 13.50 cents from 1.50 cents above the 515.00 support number.

support - 523.50, 513.50

resistance - 530.00, 545.00

March Spring Wheat marked its high price 1 tick below the upper 570.00 resistance bracket price, after a rally of about 9.25 cents from 2 ticks below the 561.00 support number.

support - 563.00, 560.50

resistance - 571.00 - breakout point, 575.00, 577.50

Wasted Food:

Globally, about 1.3 billion metric tons of food, about a third of all produced, is wasted every year. In the U.S. alone, 30 million tons are lost due to wildlife destroying crops, harvest loss, storage spoilage, rodents, and consumer waste.

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