Tech Guy Weekend Comments 11/29/25

January Crude Oil closed 2 cents below the 58.50 support level, after selling off about 1.40 bucks from the high to the low price print.

support - 58.25, 57.65

resistance - 59.65, 60.10

January Soybeans marked the low price 1.00 cent below the 1130.75 support number, then rallied about 9.00 cents to the session high.

support - 1135.00, 1128.00

resistance - 1143.00, 1169.50

March Corn marked its low price 1.00 cent above the 442.50 support level, then rallied about 5.00 cents to the session high print.

support - 443.50, 438.50

resistance - 451.50, 465.00

March SRW Wheat marked its high price 1 tick below the 545.00 resistance number, then sold off about 10.25 cents, within a couple of ticks of the first bracket support area.

support - 534.50, 532.00

resistance - 545.00, 551.00, 555.00

March HRW Wheat marked its low print at the stated 523.00 support level, after selling off about 12.00 cents from the high price.

support - 525.50-523.00, 521.00

resistance - 535.00, 540.00, 550.00

March Spring Wheat marked the low price 2 ticks below the 577.75 (or within the) bracket support number, in what was an inside narrow 5.50 cent range day.

support - 576.00, 573.50-571.50

resistance - 588.00-590.50, 597.00

Ford, part 2:

Henry searched the world for the best agronomists to develop soybean varieties and the best growing procedures. He recruited the best oil seed scientists to develop new uses for soybeans. By 1932, Henry Ford was the world’s “go to guy” for anyone seeking information about growing and using soybeans! He perfected the manufacture of making plastic from soybean meal and used dozens of soybean plastic parts in his cars. It was estimated that each soybean plastic part used required 7,200 acres of soybeans. Read more at: https://www.soyinfocenter.com/HSS/henry_ford_and_employees.php

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