Tech Guy Weekend Comments 7/27/25

September Crude Oil marked it's low 25 cents below the 65.25 support level, after selling off about 1.75 from the high, which was 14 cents above the 66.60 resistance price, down to the low.

support - 64.70, 64.00

resistance - 65.55, 66.50

November Soybeans marked the low 3 ticks above the 1016.00 support number , after selling off about 15.50 cents from the high to the low.

support - 1019.50, 1016.00

resistance - 1025.00, 1029.00

December Corn marked it's low 1 tick above the 417.50 support level, after selling off almost 5.00 cents from the high to the low.

support - 417.50, 415.00

resistance - 423.00, 425.00

September SRW Wheat marked it's low 2 ticks below the 534.50 support price, after selling down about a dime from the opening/high to the low.

support - 536.50, 532.00

resistance - 546.00, 552.50

September HRW Wheat marked it's low 1.50 cents below the 524.00 support price, after selling down about a dime from the high to the low.

support - 524.50, 521.00

resistance - 531.00, 537.50

September Spring Wheat marked it's low at the stated 584.00 support number, after selling off about a nickel from the overnight high to the low - very small range day means the sellers are becoming weaker.

support - 584.00, 563.50

resistance - 589.50, 593.00

Land:

Approximately 80% of the world’s habitable land is not suitable for producing any crop other than grass and very hardy (brushy) plants. Much of this land is used for livestock grazing which provides 20% of global calories and 40% of the global protein.

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