October 13, 2025
At this hour:
🌽Corn market is up 0-1c,
🌱soybeans are up 2-3c,
🍞wheat is down 0-1c,
🛢️crude oil is up $1.10-$1.12,
💲US Dollar is up 13-13 points.
-Trade tensions between the U.S. and China last Friday have seemed to calm down a bit to start out the new week.
-President Trump says that he does not see a reason to meet with President Xi in South Korea later this month.
-December corn futures are stable here this morning but closed last Friday at the lowest level since late August.
-November soybeans help above key support of $10.00 last Friday. Harvest on soybeans in the U.S. should wrap up this week.
-Weather forecasts are still calling for above normal temps and normal precipitation for the next 3-4 weeks.
🐂🐻Look for a choppy to mixed trade today as we start out a new week of trading.
Support/Resistance:
December corn – Support on December corn is at $4.10 1/2 which is the low from October 1st. Resistance is at $4.22 1/2 which is the 100-day moving average.
July corn – Support comes in at $4.44 1/4 which is the low from October 1st. Resistance comes in at $4.55 1/2 which is the 100-day moving average.
November soybeans – Support comes in at $10.02 1/2 which is the October 10th low. Resistance is at $10.29 which is the 200-day moving average.
July soybeans – Support is at $10.59 which is the October 10th low. Resistance is at $10.83 1/4 which is the 50-day moving average.
December Kansas City wheat – Initial support is at $4.8 3/4 which is the low from October 10th. Resistance comes in at $5.01 1/4 which is the 20-day moving average.
The post AgMarket.Net Early Morning Market Analysis 10/13/25 appeared first on AgMarket.Net®.
