THE OPEN

Nov beans: 3 ½ lower Dec meal: 0.10 lower Dec soyoil: 22 lower Dec corn:  steady Dec wheat: 1 ½ lower

The markets started on a tentative note but firmed shortly after the open as corn bears covered on lower prices with buying noted across the board (except for soyoil). Wheat found support from the snowstorm that is due to arrive this week. Beans found support from the potential for this storm to bring an end to the beans maturing in the Dakotas and Nebraska. Oilshare corrected from the highs this week as traders bought soymeal/sold soyoil on the cold snap forecast later in the week. The day’s theme was short covering, even as macro headlines were more pessimistic in terms of a trade deal. In terms...