THE OPEN July beans: 2 higher July meal: 2.20 lower July soyoil: 50 higher July corn: 9 lower July wheat: 21 lower The markets opened as called but later turned defensive once more with prices triggering stops when critical areas of support were breached. Bull-spreads continued intact, with firm prices noted and inverses strengthening. Oilshare started the day on a firm note but found more willing to book a profit. SOY
The soy complex started the day with the major features that of bull-spreading, and profit-taking in oilshare that helped meal to finally find a bid. Crush values firms to 93c/bu while oilshare trades around 45.58%. July bean prices worked lower foll...