May Wheat - 0.25 Higher
May Corn - Steady to 1.25 Lower
May Soymeal - 0.30 Higher
May Beans - 1.00 Lower
May Crude Oil marked it's high within the resistance range given, then price sold off over 1 dollar.
support - 71.00, 70.60
resistance - 72.25, 73.15
May Soybeans marked the low within the 2 cent support range, then rallied almost 25.00 cents. Looks like a resumption of the uptrend here.
support - 1033.50, 1031.00
resistance/targets - 1054.00, 1065.00
May Corn marked it's low 2 ticks from the lower 454.00 support price, then rallied 11.00 cents low to high.
support - 459.25-457.00, 455.00
resistance - 465.00, 470.00
May SRW Wheat marked it's low directly in between the 535.00-532.00 support bracket, then rallied almost 11.00 cents low to high.
support - 536.00, 533.00-532.00
resistance - 546.00, 550.00
May HRW Wheat marked it's low 2.25 cents below the 552.50 support level, then the buyers pushed it up about 15.50 cents low to high.
support - 560.00, 554.00
resistance - 570.00, 573.00, 576.00 - very bumpy to the left.
May Spring Wheat marked it's high 3 ticks below the 600.00 resistance point, while trading a very small up day of 2.00 cents.
support - 590.00, 586.00
resistance - 600.00, 610.00
Export facts:
Of all agricultural U.S. exports, 52% by value are shipped in containers and 15% by weight of ag exports are exported in containers.
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