THE OPEN March beans: 8 lower March meal: 3.90 lower March soyoil: 59 lower March corn: 3 lower March wheat: 11 higher The markets opened as expected but found profit-taking heading into a long weekend and calls for a slightly wetter forecast. Weaker soyoil prices pressured beans, while falling crush values were negative as well. Wheat prices reversed from contract highs turning lower by the early part of the trading session. Funds took advantage of business announcements to take something off the table for corn and beans. SOY
The main feature for the soy complex was that of sharply weaker soyoil prices. Funds remain the longest in soyoil for now, while charts conti...
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