THE OPEN Nov beans: 1 higher Dec meal: .30 lower Dec soyoil: 3 lower Dec corn: 1/2 lower Dec wheat: 1 higher Prices opened mostly as called with more business announcements sending bean prices quickly higher at the open. Another large sale of corn was announced to China, with back-to-back 596,000 mt sales supportive for corn as it digests recent gains. Wheat prices rose quickly on a technical basis with rising Black Sea premiums in the background adding support along with a much weaker US dollar. SOY
The soy complex opened into surprising strength after crop progress conditions sent prices tumbling overnight. Soyoil futures pulled back in consolidation mode, with traders sprea...