Tech Guy Weekend Comments 11/23/25

January Crude Oil marked the low price 8 cents above the 57.30 support level, after selling off about 1.43 bucks from the open/high print.

support - 57.30, 56.30

resistance - 58.65, 59.20

January Soybeans marked the low price 3 ticks below the 1114.00 support number, then rallied about 14.00 cents from the low to the high price print.

support - 1120.00, 1113.00

resistance - 1144.00, 1160.00

December Corn marked its low price 1.00 cent above the 424.00 support number, then moved up 3.75 cents to the high print.

support - 424.00-423.00, 421.00

resistance - 431.50, 436.50

December SRW Wheat marked its low 5 ticks below the 524.00 support level, then rallied about 8.00 cents to the afternoon high.

support - 526.00, 523.50

resistance - 535.00, 543.00

December HRW Wheat marked its low price 2 ticks above the 503.00 support number, then rallied about a dime to the afternoon high print.

support - 509.25, 506.50

resistance - 520.00, 529.00

December Spring Wheat marked its low price 2 ticks below the 565.00 support price, after selling off 10.25 cents from the high print.

support - 564.00, 561.00

resistance - 575.00, 585.00

Deere co.:

In terms of gallons of fuel consumed per hour on full horsepower load, the John Deere 720 diesel (built in the 1950’s) holds the record for fewest gallons per hour under full load. Yes, that is a two-cylinder tractor still used on some farms today.

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