Tech Guy Weekend Comments 9/14/25

October Crude Oil marked its high price 17 cents below the 64.15 resistance level, after rallying almost 2.30 from the low, which was marked in between the 2 stated support prices.

support - 61.70, 61.40

resistance - 64.00, 64.85

November Soybeans marked the low 1.50 cents below the 1029.50 support number, then rallied about 21.00 cents from the low to the high print, which was above the top resistance price. This is a bullish breakout higher.

support - 1040.00, 1036.00

resistance - 1055.00, 1063.00

December Corn marked its high price 1 tick above the 430.00 resistance level, after rallying about 13.00 cents from the low to the high. This is also bullish. Both Corn and Soybeans reacted bullish to the report. The price reaction is always more important than the numbers in a report.

support - 426.00, 421.00

resistance - 444.00, 451.00

December SRW Wheat marked its low 1.75 cents below the 517.00 support number, then rallied almost 9.00 cents from the low to the high, which was just below the 525.00 resistance price.

support - 520.00, 516.00

resistance - 525.00, 535.00

December HRW Wheat marked it's low price directly in between the 2 stated support numbers that were 4.00 cents apart, then rallied about 11.00 cents from the low to the high print.

support - 511.00-510.50, 507.00

resistance - 520.00, 528.00

December Spring Wheat marked it's low 3 ticks below the 567.50, then rallied 5.25 cents from the low to the high price print.

support - 567.00, 564.50

resistance - 577.00, 580.00

Exports:

Of all agricultural U.S. exports, 52% by value are shipped in containers and 15% by weight of ag exports are exported in bulk vessels.

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