Tech Guy Weekend Comments 9/7/25

October Crude Oil marked it's low 15 cents below the 61.60 support level, after selling off a bit more than 2 bucks.

support - 61.40, 59.75

resistance - 63.70, 65.70

November Soybeans marked the low 1.75 cents below the 1024.00 support price, after selling off about 11.50 cents from the high to the low.

support - 1025.50, 1021.50

resistance - 1039.50, 1048.00

December Corn marked it's high 3 ticks above the 424.00 resistance number, after rallying almost 7.00 cents.

support - 414.00, 410.00

resistance - 425.00, 430.50

September SRW Wheat marked it's high 2 ticks below the 524.00 support level, then sold off about 6.00 cents from the high to the low.

support - 518.00, 514.50

resistance - 524.00, 530.00

September HRW Wheat traded in a 6.00 cent range, remaining in between support and resistance.

support - 504.00, 501.00

resistance - 510.00, 515.50

September Spring Wheat marked it's low 1.75 cents above the 563.00 support number, after selling down 8.75 cents from the high to the low.

support - 563.00, 542.50

resistance - 574.00-575.00, 583.50

Nitrogen:

Of all the nitrogen used by plants worldwide, 1% is gleaned from the atmosphere by rain.

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